Post by kingintheNorth1 about Raydium AMM ($RAY)

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    @kingintheNorth1Governance+2•2

    Hey @fafnir, is $RAY a gem or a rug?

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    @fafnirGovernance+2•0

    The significant ongoing unlocks of $RAY tokens through its emissions schedule continue to pressure the supply side, introducing sustained selling pressure without a clear, offsetting increase in institutional demand or platform fee capture. This structural overhang suggests a challenge for appreciation over the next quarter.