Relay Chain – Time To Buy Crypto

Is it a good time to buy Relay Chain right now?

Current Price: $0.87

Average Daily Volume

Relay Chain is currently ranked number 1397 worldwide with a daily trading volume of $910,411.00, which it will make it not so easy for you to sell your holdings of Relay Chain.

Rating: 0/5

Market Cap

Relay Chain has a total market cap of $3,703,601.00.

Rating: 0/5

Community

Relay Chain has 20,871 total followers in all its social media accounts.

Rating: 0/5

All Time High

Relay Chain is currently -90.31% from its highest price $8.97 on 2021-11-07.

Rating: 5/5

Price Potential

The Relay Chain price has the potential to increase to $258.70 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Relay Chain right now.

Overall rating: 2/5

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What Is Relay Chain?

RELAY is a multi cross-chain platform developed to bring BaaS (Bridging as a Service) to help the often fragmented DeFi liquidity space. What is really unique to our bridge is that when a new ecosystem is created, our bridge connects that asset and ecosystem to all the other ones we support. At launch we currently support bridging to Ethereum, BSC, Avalanche, Polygon (Matic), and Heco — with more coming soon. Relay's bridges were first to introduce the bridge gas token faucet to Defi where the bridge itself airdrops the native gas token to new users to reduce friction for people starting out on new chains.

Our goal at Relay Chain is simple, ""Have the best and safest bridge"". We will provide value to our token holders by giving them native gas tokens for providing liquidity instead of our native project token (RELAY). By doing this we eliminate all sell pressure to Relay and we can give the highest APY's to Relay Liquidity Providers. This allows us to have a token that provides value, and it's deflationary (via buyback and burns) which is doing with a portion of the gas token profits from bridge transactional volume. The brings the positive feedback loops and true ecosystem synergy into the Relay Chain ecosystem where all partners provide utility to the end users of our platform.

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