KoinX

Cryptocurrencies Raydium

RaydiumRAY

Rank #74

$5.56

₹468.54

2.00%

(24h)

Overview

Fundamentals

News Insights

Sentiments

Team

Technical

Tokenomics

Performance

Today's Low

5.52

5.56

Today's High

6.43

52W Low

0.344

5.56

52W High

6.49

Fundamentals

Raydium Price$5.56

24h Low / 24h High$5.52 / $6.43

7d Low / 7d High$5.296 / $6.425

Trading Volume$177,399,446

Market Cap Rank#74

Market Cap$1,616,406,070

Market Cap Dominance-6.3%

Volume / Market Cap0.110

All-Time High

$16.83-67.09%

Sep 12, 2021 (about 3 years)

All-Time Low

$0.1343914021.73%

Dec 29, 2022 (about 1 year)

Sentiment

Key Events

Bitcoin Conference 2024: A Recap

The Bitcoin Conference 2024 was a groundbreaking event that brought together experts, enthusiasts, and investors from around the world.

Bitcoin Conference 2024: A Recap

The Bitcoin Conference 2024 was a groundbreaking event that brought together experts, enthusiasts, and investors from around the world.

Analyst Estimates

76%

Scales to be shown

About Raydium

What is Raydium?

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem. The protocol will act as a bridge for projects looking to expand to Solana and Serum, and in the process Raydium and the RAY token will become a foundation for enabling further development with partners, its own platform, and the ecosystem as a whole. Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook, meaning that Raydium LPs get access to the entire orderflow and liquidity of Serum. Long term, Raydium aims to capture and maintain a leadership position among AMMs and liquidity providers on Serum, while leveraging the power of Solana to drive the evolution of decentralized finance (DeFi) and emerge as a leading protocol in the space alongside our partners and the community."

How Does Crypto Work?

Cryptocurrency operates on decentralized networks, leveraging blockchain technology to record transactions securely without the need for a central authority. Users initiate transactions by sending cryptocurrency to others, which are then verified and added to the blockchain by a network of computers using cryptographic techniques. Transactions rely on public and private keys for security, with miners validating transactions through complex puzzles in a process called mining. Consensus mechanisms like Proof of Work (PoW) ensure agreement among network nodes on transaction validity. Wallets enable users to store, send, and receive cryptocurrency securely, while decentralized applications (DApps) utilize cryptocurrencies for various functions across industries. In summary, cryptocurrencies facilitate decentralized, peer-to-peer transactions, supported by blockchain technology and cryptographic principles.

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Whether you're just diving into the world of cryptocurrencies or already have a stake, keeping abreast of the latest advancements and trends is crucial. Cryptocurrency, with its disruptive capabilities and expanding acceptance, remains at the forefront of reshaping both financial and technological landscapes. From Bitcoin's pioneering role to the ever-evolving ecosystem of alternative coins and blockchain projects, staying informed allows individuals to navigate this dynamic space and harness its potential for innovation and investment.

Tokenomics

Initial Distribution

Tokenomics refers to the economics of a cryptocurrency token. It encompasses various factors such as the token's distribution, supply, utility, and governance mechanisms. Understanding tokenomics is crucial for investors and stakeholders to assess the long-term viability and potential of a cryptocurrency project. In tokenomics analysis, factors like token allocation, vesting schedules, inflation rates, and token utility are carefully evaluated to gauge the token's value proposition and sustainability.

Team

Our team comprises skilled professionals dedicated to excellence. With a focus on collaboration and innovation, we strive to deliver exceptional results for our clients. Each member brings unique talents and expertise to the table, ensuring comprehensive solutions tailored to meet your needs.

John Smith

Senior Designer

As a senior designer, I am passionate about creating captivating visual experiences that resonate with audiences. With a keen eye for detail and a commitment to creativity, I aim to bring your vision to life through thoughtful design solutions.

Elina Williams

Marketing Specialist

As a marketing specialist, I specialize in developing strategic campaigns that drive engagement and yield measurable results. By leveraging data-driven insights and creative thinking, I help businesses connect with their target audience and achieve their marketing objectives.

Chandler Bing

Senior Designer

With a focus on user-centric design principles, I collaborate with cross-functional teams to develop intuitive and visually appealing products. From concept to execution, I am dedicated to delivering impactful design solutions that enhance user experiences and drive business growth.