🚨 RAVE Crash Alert – 90% Drop in 24 Hours!
$RAVE shocked the market after a massive collapse within just one day. The price dropped nearly 90%, wiping out over $5.7B in market cap at lightning speed.
🔍 What happened?
Binance and Bitget have started investigating the token’s rally and trading activity
On-chain data suggests that ~90% of the total supply was held in just 3 wallets, reportedly linked to the team
😨 This triggered fear across the market, leading to heavy panic selling.
📈 What happened before the crash?
$RAVE surged from $0.25 to $27.33 in just 9 days — a move that already signaled high risk.
⚠️ Lesson for Traders:
Not every big pump is safe. Before entering any trade, always check:
✔️ Token supply
✔️ Wallet distribution
✔️ Exchange activity
💡 Smart traders don’t chase hype — they do their research.
📊 $RAVE – Volatility at Its Peak
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