Raydium's RAY drops 6.98% to $1.82 as volume halves
- —RAY trades at $1.82, down 6.98% on the day
- —Volume of $36.84 million is 50.07% below the 30-day average
- —Price sits below the 7-, 15- and 30-day SMAs but above the 50- and 90-day
- —RAY is up 191.34% over 90 days but down 25.53% over 14 days
Why it matters: Questions over the reliability of Raydium's volume metrics undermine how traders gauge DEX liquidity, while thin turnover makes any rebound hard to confirm.
Source: DiarioBitcoin