$RAY USDT Don’t Fear Is the Profit Zone! 💸
Big runs rarely go straight up and $RAY is showing exactly that kind of pullback right now. Raydium is a decentralized exchange on Solana where users can swap tokens and earn fees by adding liquidity and RAY is the token that supports its governance and rewards so it sits at the center of one of Solana's most used DeFi platforms. It is a top 60 coin with a $985M market cap all 555M tokens are already in circulation and it is still about 90% below its all-time high even after gaining 160% in 90 days. This week's drop of 27% looks like a cool-off after a big move not the end of the story. I am watching $RAY closely for a smart entry. Be patient wait for confirmation and don't chase. DYOR
Big runs rarely go straight up and $RAY is showing exactly that kind of pullback right now. Raydium is a decentralized exchange on Solana where users can swap tokens and earn fees by adding liquidity and RAY is the token that supports its governance and rewards so it sits at the center of one of Solana's most used DeFi platforms. It is a top 60 coin with a $985M market cap all 555M tokens are already in circulation and it is still about 90% below its all-time high even after gaining 160% in 90 days. This week's drop of 27% looks like a cool-off after a big move not the end of the story. I am watching $RAY closely for a smart entry. Be patient wait for confirmation and don't chase. DYOR