Raydium (RAY) Market Capitalization Tops $40.66 Million

Raydium (RAY) traded 0.6% higher against the US dollar during the 1-day period ending at 7:00 AM Eastern on May 26th. One Raydium token can currently be purchased for about $0.20 or 0.00000738 BTC on popular exchanges. Raydium has a market cap of $40.66 million and approximately $5.67 million worth of Raydium was traded on exchanges in the last day. Over the last seven days, Raydium has traded down 9% against the US dollar.

Here is how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 0.1% against the dollar and now trades at $0.33 or 0.00001254 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 4.6% higher against the dollar and now trades at $0.0017 or 0.00000007 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.4% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded up 4.9% against the dollar and now trades at $0.0158 or 0.00000060 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 down 2.4% against the dollar and now trades at $0.0089 or 0.00000033 BTC.

Raydium Token Profile

Raydium launched on February 21st, 2021. Raydium’s total supply is 554,999,836 tokens and its circulating supply is 208,017,873 tokens. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here. Raydium’s official website 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 possible to purchase alternative cryptocurrencies such as Raydium directly using U.S. dollars. Investors seeking to acquire Raydium should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Raydium using one of the aforementioned exchanges.

RAY/USD price chart by TradingView