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Crypto

Raydium Token Price Skyrockets on Buybacks and Launchpad Integration

Guavy AI Editorial Team
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BTC ETH RAY
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The price of Raydium's native token RAY has skyrocketed over the last two weeks, outperforming top coins like Bitcoin and Ethereum.

RAY's circulating supply has been reduced by over 30% due to massive buybacks, which have seen the protocol spend over $640,000 on tokens in a single day.

The integration of Stonkfun's launchpad with Raydium has also drawn heavy volume and organic demand, contributing to the token's price surge.

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