RaveDAO (RAVE) has experienced explosive growth, with prices rising more than 200% in 24 hours to around $8.66 on April 13, 2026, driven by massive short liquidations. The token has surged more than 3,400% weekly, prompting an investigation into insider trading due to previously mysterious wallet accumulation.
Major price surge and squeeze: The token surged more than 300% in a single day, with a short squeeze seeing over $31 million in short positions liquidated on Binance.
Market Trends: Bitcoin is seeing potential seller exhaustion at the $65k–$70k level, with analysts noting a decrease in realized losses. Meanwhile, Russia has implemented a comprehensive ban on crypto-to-cash exchanges.
$XRP $BNB $BTC Federal Reserve Meeting (April 29): The Federal Open Market Committee (FOMC) meets to decide on interest rates, with expectations for rates to stay between 3.5% and 3.75%, influencing market liquidity.