$$RAVE 's price skyrocketed from $0.25 to $28 in just 11 days.
An insane 11,000% pump. Ranked in the top 20 on CoinMarketCap. Everyone was going crazy.
Then ZachXBT took a closer look.
90% of the total supply is held in 3 wallets. All linked to the team.
Right before the pump started, they quietly moved 18 million tokens to Bitget. No announcement. Nothing at all.
74% of traders on Binance were shorting it. A perfect opportunity to pressure retail investors into panic buying.
ZachXBT also messaged the founder 8 hours before posting. But got no response.
Now Binance, Bitget, and Gate are all investigating the matter. The harsh truth is:
If you bought at $8, $10, or $15 thinking you were early – you were mistaken. You were the one getting liquidated.
The team still has 752 million tokens locked up. When those unlock, no one will want to touch it.
An insane 11,000% pump. Ranked in the top 20 on CoinMarketCap. Everyone was going crazy.
Then ZachXBT took a closer look.
90% of the total supply is held in 3 wallets. All linked to the team.
Right before the pump started, they quietly moved 18 million tokens to Bitget. No announcement. Nothing at all.
74% of traders on Binance were shorting it. A perfect opportunity to pressure retail investors into panic buying.
ZachXBT also messaged the founder 8 hours before posting. But got no response.
Now Binance, Bitget, and Gate are all investigating the matter. The harsh truth is:
If you bought at $8, $10, or $15 thinking you were early – you were mistaken. You were the one getting liquidated.
The team still has 752 million tokens locked up. When those unlock, no one will want to touch it.