This is such a no brainer.
$RAY bottomed 4 days ago.
So many people are excited about token buybacks from companies, things like $HYPE, and more...
Yet $RAY has not gotten the love it truly deserves in my opinion.
The Flywheel is simple
- Raydium products go to a Raydium LP
- Raydium takes a very small fee on every swap in a raydium pool
- Fees go and buyback the $RAY token
In the last 3 months, there has been 5 MILLION $RAY tokens bought back for $12,000,000 dollars
Roughly $4 MILLION dollars of buy back per month at that rate.