Raydium (RAY) Market Capitalization Reaches $298.09 Million

by · The Markets Daily

Raydium (RAY) traded up 4.9% against the dollar during the 24-hour period ending at 9:00 AM Eastern on January 4th. One Raydium token can currently be bought for about $1.11 or 0.00001218 BTC on exchanges. During the last seven days, Raydium has traded 18.1% higher against the dollar. Raydium has a total market cap of $298.09 million and $25.87 million worth of Raydium was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% 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 up 1.2% 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.
  • SolvBTC.BBN (SOLVBTC.BB) traded up 2% against the dollar and now trades at $91,494.93 or 1.00009758 BTC.
  • SolvBTC (SOLVBTC) traded 1.5% higher against the dollar and now trades at $91,388.23 or 1.00297602 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.

About Raydium

Raydium launched on February 21st, 2021. Raydium’s total supply is 554,997,846 tokens and its circulating supply is 268,581,314 tokens. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here. The official website for Raydium is raydium.io/#.

According to CryptoCompare, “Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield.”

Buying and Selling Raydium

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

RAY/USD price chart by TradingView