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$RAVE +4.85% today. Sitting at $0.59.
Looks calm. The history is anything but.
April 2026 — this token went from $0.25 to $27 in nine days. 11,000% in one week. Then crashed 90% in 48 hours. $5.7 billion in market cap gone before most people even knew what RaveDAO was.
ZachXBT investigated. Found that 90% of supply was concentrated in three wallets. On-chain data showed direct links between team addresses and unusual trading activity. The project denied involvement — then confirmed they planned to liquidate unlocked tokens to fund operations. The denial made it worse.
Multiple major exchanges opened formal investigations. $43 million in futures liquidations. Retail shorts getting squeezed on the way up, then retail longs getting destroyed on the way down.
The actual product exists. Real events, NFT ticketing, 100,000+ attendees, $3M in 2025 revenue. That part is real.
But a real product doesn't explain an 11,000% move in nine days.
Now it's at $0.59. Up 141% in 90 days from the post-crash bottom. Someone is quietly accumulating again.
Maybe it's different this time.
It's never different this time.
#RateHikeRepricing
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