RaveDAO (RAVE)

If even a token like $RAVE can be accused of market manipulation, then 99% of VC projects should also be investigated, because they have dropped by 100x.

🚨JUST IN: $RAVE drops another 50%, from $1 to $0.50, just 3 cents away from its all-time low. On-chain sleuth @zachxbt flagged insider-linked multisig selling ~$23M RAVE right before the drop. The dumping appears to have occurred on Bitget even as the exchange says it’s investigating the situation.

First $RAVE Now $AAVE, is there a connection besides the rhyme?

Q: How many days to drop 98%? https://t.co/m9TmC9Ak1f

OKX Star Xu said that the OKX risk control engine operated normally during the severe price fluctuations of RAVE and was not affected. At the same time, OKX will add a $25,000 bounty to support ZachXBT’s investigation of the incident. https://t.co/xaJb6eiT5L

$RAVE at this point it’s not subtle anymore. one of the key wallets tied to #RAVE activity just sent another 20M tokens (~$10.67M) to Bitget in the past hour, and across today alone, it’s already moved 42.99M RAVE (~$34.97M) onto CEXs. that kind of flow isn’t “testing liquidity”....it’s distribution in size. the pattern is pretty clear now: large chunks moving from controlled wallets → exchanges, repeated deposits throughout the day, price already reacting lower. when supply starts hitting exchanges like this, it usually means: either active selling is happening or the market is pricing in that it’s about to happen and given how concentrated RAVE supply has been, these wallets basically set the tone. once they flip from accumulation to distribution, the entire structure shifts. so yup, this isn’t noise anymore, it’s a coordinated unwind phase starting to play out. address: 0xe077490Da8D210a155Ea391312a964ca4d4B690b

Give Star a like; anyone with normal intelligence knows this kind of thing should be investigated. If it's not investigated, the exchange has no future. https://t.co/dfqaAPvFWH

The RaveDAO (RAVE) token is experiencing a catastrophic collapse of 95%, falling from $28.90 to $1.24 amid accusations of market manipulation. Exchanges Binance and Bitget are launching urgent investigations into the suspicious trading activity. The event serves as a reminder of the need for extreme caution when dealing with new digital assets and thorough review before investing.