Raydium (RAY) Drops 4.0% Today: Should You Worry?

Raydium price is currently $11.92 with a 24-hour trading volume of more than $728,185,96. In the last 24 hours, it has decreased by -4.0%. Raydium is an AMM built on the Solana blockchain that will serve as a bridge between existing projects and the new ones coming into the ecosystem. Its goal is to become the first example of an automated market maker that can be used to democratize the exchange of goods and services.
1*waEQvGbvr356cP3IcZRHzgRaydium is an AMM that provides on-chain liquidity, allowing LPs to access the entire order flow and the liquidity of Serum. Raydium is a blockchain company that aims to become a leader in the decentralized finance space by acquiring and maintaining a leadership position within the AMM and liquidity providers space. Raydium aims to become a leader in the decentralized finance space by developing Solana, a blockchain-based protocol that will serve as a bridge between the community and the AMMs.

Anthony Gonzales

Biotech, Tech, and Crypto reporter Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.

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