$RAVE has entered a catastrophic freefall, crashing 88% from its intraday high of $24.00 to a current price of $2.89.
This massive wipeout has largely erased the gains from the recent KuCoin listing, causing the market cap to spiral far below its $6.74 billion peak.
Structural risks have reached a breaking point, with on-chain data showing 90% of the supply is held in just three wallets, fueling "rug pull" fears.
After smashing through the final psychological floor of $12.36, the technical chart has completely collapsed, leaving the asset in a state of total price discovery to the downside. #altcoinrecoverysignals? #RheaFinanceReleasesAttackInvestigation #rave