Core conclusion

Based on the current data, under extreme ideal conditions of buying in full with 1 million USD, without any additional sell orders (only based on on-chain DEX liquidity pool, without order book sell orders/arbitrage pressure), after the purchase, the on-chain spot price of RAVE will rise from the current $14.78 to about $24.88.

Rigorous calculation process (based on the AMM constant product rule commonly used in mainstream DEXs)

Basic verifiable parameters (all from your screenshots)

• Current spot price: $14.78

• Total on-chain liquidity: $6.7211 million (industry default 50/50 trading pair rule, meaning half of the pool is stablecoins and half is equivalent RAVE tokens)

• Core formula: constant product formula x*y=k (the product k remains constant before and after the trade)

◦ x = Number of RAVE tokens in the trading pool

◦ y = Amount of stablecoins (USDC/USDT) in the trading pool

◦ k = Constant value

Step 1: Calculate the initial state of the pool before the trade

1. Total value of stablecoins in the pool: y₀ = 672.11 thousand ÷ 2 = $336.055 thousand

2. Number of RAVE tokens in the pool: x₀ = 3360550 ÷ 14.78 ≈ 227371.45 tokens

3. Constant product: k = x₀ × y₀ ≈ 7.641×10¹¹

Step 2: Calculate the final price after buying $1 million

You inject $1 million in stablecoins into the pool, exchanging for RAVE tokens. After the trade is complete:

1. Total amount of new stablecoins in the pool: y₁ = 3360550 + 1000000 = $4360550

2. Remaining RAVE tokens in the pool: x₁ = k ÷ y₁ ≈ 175230.5 tokens

3. Final spot price: P₁ = y₁ ÷ x₁ ≈ 4360550 ÷ 175230.5 ≈ $24.88

Key corrections and risk warnings for the real market

1. The theoretical value assumes no additional sell orders, while in the real market, this token is trading on Binance, and the order book has a lot of sell orders at different price levels. Buying $1 million will first eat through the low-price sell orders; as the price rises, holders and arbitrageurs will sell to stabilize the price, resulting in the actual final price being significantly lower than the theoretical value of $24.88.

2. The average execution cost for this purchase is about $19.18/token, which has a very high slippage compared to the current spot price; the actual buying cost is significantly higher than the current quote.

3. This token's daily increase exceeds 58%, with on-chain liquidity at only $6.72 million, classified as a high-risk coin with extremely poor depth. Large purchases face extreme slippage, liquidity exhaustion making it impossible to sell, and a very high risk of sharp price crashes. There is a possibility of losing the entire principal in cryptocurrency trading.