Raydium (RAY)
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.
1. RAY Basic Info
| Symbol | RAY |
| Name | Raydium |
| Web Site | https://raydium.io/#/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://explorer.solana.com/ |
| Forum | -- |
| Mining | |
| Supply | 555000000 |
| Available Supply | 290847970 |
| Market Cap | 568229678.989 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 555000000 |
| Release Date | 2021-02-23 |
2. RAY Technical Info
2.1 RAY Kline Chart Price
2.2 RAY Technical Analysis
Short-term: The price is likely to experience a period of consolidation with potential for minor fluctuations within a defined range. The immediate trend appears to be slightly bearish, but a strong reversal is not anticipated.
Mid-term: A potential bullish trend may emerge. However, the possibility of further price correction cannot be ruled out. The market might test key support levels before attempting an upward movement.
Long-term: The overall trend may remain uncertain, but the possibility of a bullish continuation exists. The market could experience periods of volatility. Investors should monitor key technical indicators for potential shifts in momentum. The price may see a significant increase in value.
