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Raydium (RAY) Up 215% In 10 Months: Will Bulls Slow Down After Pump.fun Token Launch?

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Raydium (RAY) Up 215% In 10 Months: Will Bulls Slow Down After Pump.fun Token Launch? - NewsBTC

Quick Summary:

Related Reading: GOAT Outpaces PEPE Growing To $900M Market Cap In 2 Weeks – Details As it is, not only did buyers force the token above these two major liquidation levels, but it impressively shook off the weakness of August and September, more than doubling from September lows in the process.  As crypto sentiment improves, the odds of RAY edging higher for the better part of Q4 2024 will only increase.

Raydium Rallying But Traders Must Be Cautious Taking to X, the analyst maintains that RAY will likely continue rallying as long as Pump.fun, the meme coin launchpad on Solana, is token-free.

Related Reading: Top Crypto Analyst Unveils Best Altcoins For The 2025 Bull Run Pump.fun is one of the most active platforms on Solana, aiding the minting of over 2.7 million meme coins on Solana.

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Article Details

Author / Journalist: Dalmas Ngetich

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 03:00:48 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23316225

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #102

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