$RAY traded at 2.1245 today, its highest price since October 14 of last year.
Live numbers:
Price: 2.0255 USD
Session: +10.9% from yesterday's close at 1.8259
7d: +45.6%
30d: +164%
Market cap: 544M USD, rank 106
24h volume: 156M USD
What it is: the token of a decentralized exchange running on Solana.
The move: price closed at 1.4714 on September 17. Six sessions later it printed 2.1245, and today alone carried a third of that distance.
Volume backs it. The main USDT pair did 18.3M USD today against an 8.6M average over the previous 30 days.
From the 30 day low at 0.7367 to today's high, that is a 188% range in one month.
The caveat is supply: 269.7M tokens circulating out of a 555M maximum, so 48.6% is out. Fully diluted value sits at 1.12B against a 544M market cap, which means the other half is still to come.
Levels. Below price: 1.9257, the September 19 high it cleared today, then 1.79. Above price: 2.1245, today's high.
Context: RAY is still 88% 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: 2.0255 USD
Session: +10.9% from yesterday's close at 1.8259
7d: +45.6%
30d: +164%
Market cap: 544M USD, rank 106
24h volume: 156M USD
What it is: the token of a decentralized exchange running on Solana.
The move: price closed at 1.4714 on September 17. Six sessions later it printed 2.1245, and today alone carried a third of that distance.
Volume backs it. The main USDT pair did 18.3M USD today against an 8.6M average over the previous 30 days.
From the 30 day low at 0.7367 to today's high, that is a 188% range in one month.
The caveat is supply: 269.7M tokens circulating out of a 555M maximum, so 48.6% is out. Fully diluted value sits at 1.12B against a 544M market cap, which means the other half is still to come.
Levels. Below price: 1.9257, the September 19 high it cleared today, then 1.79. Above price: 2.1245, today's high.
Context: RAY is still 88% below its all time high of 16.83 from September 2021.
Follow me for daily trending breakdowns.
#raydium #solana #defi #altcoin #crypto
