Raydium (RAY) Hits One Day Trading Volume of $7.68 Million

Raydium (RAY) traded 3.1% higher against the dollar during the 1 day period ending at 12:00 PM Eastern on September 17th. One Raydium token can now be bought for about $1.49 or 0.00002441 BTC on exchanges. Raydium has a market capitalization of $393.24 million and $7.68 million worth of Raydium was traded on exchanges in the last day. During the last week, Raydium has traded down 1.7% against the dollar.

Here’s how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0.8% higher against the dollar and now trades at $0.0459 or 0.00000075 BTC.
• P2P Solutions foundation (P2PS) traded 3.7% higher against the dollar and now trades at $153.56 or 0.00251403 BTC.

About Raydium

Raydium’s genesis date was February 21st, 2021. Raydium’s total supply is 554,999,219 tokens and its circulating supply is 263,781,676 tokens. Raydium’s official website is raydium.io/#. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here.

According to CryptoCompare, “Raydium (RAY) is a distinctive automated market maker (AMM) built on the Solana blockchain. Unlike traditional AMMs, Raydium integrates with a central limit order book, ensuring faster, cost-efficient trades and shared liquidity. This unique architecture allows it to tap into the broader OpenBook ecosystem, enhancing liquidity and user experience. The platform was conceived by a pseudonymous team including figures like AlphaRay and XRay, who, motivated by the challenges in DeFi in 2020, launched Raydium in partnership with Serum in February 2021. The native token, $RAY, plays a central role in the ecosystem, facilitating trades, incentivizing user engagement, and supporting the AcceleRaytor initiative for new project launches.”

Buying and Selling Raydium

It is usually not possible to buy alternative cryptocurrencies such as Raydium directly using U.S. dollars. Investors seeking to acquire Raydium should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Raydium using one of the aforementioned exchanges.

RAY/USD price chart by TradingView