The Raydium project was added to the cryptocurrency rating in February 2021. The price of the RAY coin then fluctuated around $12. By May, the price of the RAY coin jumped to $15. And this is not surprising, because then the market experienced powerful growth, as the bull season began. Bitcoin in May 2021 rose to a record $60 thousand per coin.
This was followed by a powerful fall and already in June, RAY was trading at just above $2 per coin. Bitcoin at the same time fell to 30 thousand. Well, the second bullish wave, which began in August 2021, pushed RAY to a level of almost $17 per coin. This was its absolute record. It was not destined to reach such peaks anymore. The next 3 years, the bears ruled the market and the RAY coin only fell. Between 2022 and 2023, it traded around $0.13 per coin.
What did 2024 show when the bulls came again?
The first bull wave threw the RAY coin to $6. This happened at the end of November 2024. The second bull wave, in January 2025, pushed RAY to $8 per coin.
Today, February 13, RAY is trading at $5.
What will be the price of RAY in 2025?
As usual, we have 2 forecasts. With a 70% probability, the market will continue to fall. In this case, the RAY coin will return to its previous $0.13 per coin.
However, if the third bull wave does occur in 2025 and Bitcoin grows to $160 thousand, then the RAY coin may rise in price by 2-3 times. We give no more than 30% for this forecast.