Raydium Plummets 10% as Crypto Bears Stage Brutal Takeover
Solana''s darling DEX gets mauled in latest market bloodbath
Bears sink claws into Raydium
The once high-flying decentralized exchange token got dragged down 10% in today''s carnage—proof even DeFi blue chips aren''t safe when crypto winter bites. Market makers got caught flat-footed as liquidity evaporated faster than a shitcoin rug pull.
Technical breakdown
Raydium''s chart now shows the classic death spiral: breakdown below key support, RSI nosediving into oversold territory, and MACD lines crossing bearish. The same traders who were screaming ''buy the dip'' last week are now panic-selling into thin order books.
Silver lining?
For degenerates still chasing the dragon, the 10% fire sale might look tempting. Just remember: catching falling knives is how you lose fingers. Meanwhile, Bitcoin maximalists are smugly adjusting their ''I told you so'' t-shirts.