$RAY

Continuing to track Ray's trading volume, it can be seen that the downward trend in Ray's trading volume has not stopped. Yesterday's volume was 5.2b, a decrease of 60% compared to the peak of 13.2b on January 18th. If no new hotspots emerge, it is expected to decline to around 2.5b levels seen before January 16th.

Compared to centralized exchanges (CEX), the lack of liquidity in decentralized exchanges (DEX) is a common long-term phenomenon. Except for Uni, the pioneering AMM, most of these DEX projects without technological innovation are just fleeting and can be easily surpassed by subsequent competitors.

Maintaining the previous bearish view, the coin price is expected to reach 5.