Cryptocurrency News
$RAY, the native utility token of the Radium DEX on Solana, could be significantly undervalued compared to $UNI, the token of Uniswap, according to an analysis by Sonyasunkim. Here’s a breakdown of their findings on the two DEX giants in terms of fundamentals, valuations, and potential reasons for mispricing. Fundamentals: […]
Several altcoins went down earlier today due to a slight decrease in the global market cap but many are resurging along with Raydium, which just broke out to a three-month high following a massive surge. Picking up from a low of $1.4 last month, Ray has seen a notable increase […]
Despite the latest drop, Ray remains bullish and continues to show signs of strength daily. It appeared strong today following a 5% increase in the last 24 hours. The continuous increase in Ray’s price can be traced to Solana, which has been notably gaining strength since last week. Although its […]
Despite this week’s crypto clampdown, Ray showed strength and continued to rally upward. It flipped through a key resistance to test a new high yesterday but faced rejection and is now looking for a retest. Solana-based automated market maker – Raydium started this month a bit rough after managing to […]
Despite losing some chunks of dollars in the last couple of weeks, Radium’s price is still up by a staggering 550% in 90 days as it sits above a key support level. It resurged this week and saw a rejection few hours ago. The Solana-based automated market makes (AMM) and […]