$RAY is up 23.2% since I covered it here on September 24, from 2.0255 to 2.4956, and today it printed 2.5729, a new 30 day high.
Live numbers:
Price: 2.4956 USD
24h: +14.3%, high 2.5729, low 2.1107
7d: +21.2%
30d: +109.2%
Market cap: 670M USD, rank 99
24h volume: 220M USD
What makes today unusual is the context. The rest of the market is red: most large caps are down between 2% and 8% on the session, and this is up 14.3% with a new monthly high.
Volume confirms it is real: 23.6M USD on the main USDT pair today against an 11.3M average over the previous 30 days, so just over twice the recent norm.
One thing has changed since September 24. Back then the rank was 106 and the caveat was supply: 269.7M tokens of a 555M maximum. The rank is now 99 and the supply picture is identical, so fully diluted value is 1.37B against a 670M market cap.
Levels. Below price: 2.36, then 2.22. Above price: 2.5729, today's high.
Context: RAY is 85.3% below its all time high of 16.83 from September 2021.
Follow me for daily trending breakdowns.
#raydium #solana #defi #altcoin #crypto
Live numbers:
Price: 2.4956 USD
24h: +14.3%, high 2.5729, low 2.1107
7d: +21.2%
30d: +109.2%
Market cap: 670M USD, rank 99
24h volume: 220M USD
What makes today unusual is the context. The rest of the market is red: most large caps are down between 2% and 8% on the session, and this is up 14.3% with a new monthly high.
Volume confirms it is real: 23.6M USD on the main USDT pair today against an 11.3M average over the previous 30 days, so just over twice the recent norm.
One thing has changed since September 24. Back then the rank was 106 and the caveat was supply: 269.7M tokens of a 555M maximum. The rank is now 99 and the supply picture is identical, so fully diluted value is 1.37B against a 670M market cap.
Levels. Below price: 2.36, then 2.22. Above price: 2.5729, today's high.
Context: RAY is 85.3% below its all time high of 16.83 from September 2021.
Follow me for daily trending breakdowns.
#raydium #solana #defi #altcoin #crypto
