Raydium Coin has been making a significant impact in the world of cryptocurrencies, particularly in the Solana ecosystem. It has served as a popular listing platform for several Meme coins and has contributed to the Meme coin mania on Solana. Its Total Value Locked (TVL) has reached the highest in the past two years, driven mainly by the Meme coin trading frenzy. Raydium has also launched its own token, but it faced some initial growth challenges. Various meme coins like DogWifCat and Penguiana have witnessed explosive growth after being listed on Raydium. However, Raydium suffered a setback as it was attacked and a loss of $2M was reported. In response, Raydium has proposed a $2M Bug Bounty Fund. The Raydium (RAY) coin surged 95% in a week, accompanied by a 47.41% TVL boost to $126.79M on the Solana Dex. Despite the attack, optimism remains that Raydium will recover and continue to thrive amidst this flourishing Solana Meme Coin period. The essential factor for investors is the strategic advance they take on Raydium (RAY). This hinges on individual investment objectives, risk appetites, and the broader crypto market.
Raydium Coin News Analytics from Tue, 09 Feb 2021 20:29:55 GMT to Fri, 16 Aug 2024 18:01:31 GMT -
Rating 6
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- Information 4
- Rumor -3