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Solana DEX Raydium Sees RAY Drop 5% After Twitter Meme Coin Misfire

Decrypt broadcast about Solana. Solana DEX Raydium Sees RAY Drop 5% After Twitter Meme Coin Misfire. The decentralized exchange attempted to launch a meme token using Twitter tool makenow.meme, but things “didn’t exactly go as expected.”

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Categories this content has been tagged with include:
Market news

     
     


Sentiment of News

This news story falls under the following sentiment:

  • Negative
     
     


     
     


About Solana

Solana is a decentralized, high-performance blockchain designed for fast, secure, and scalable transactions. It uses a proof-of-stake consensus mechanism and is built to handle thousands of transactions per second. Solana was developed by a team of engineers and entrepreneurs who previously worked on the Ethereum blockchain, and it is currently being used for various projects, including decentralized applications (dApps) and non-fungible token (NFT) marketplaces.

     
     


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      News Source

      News seen on: Decrypt
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      Mr. Dockerson Score

      Blockchains

      Content Type

      Media Type

      Listing Type

      Sector Name

      Solana

      Listing ID

      WCN01192