🚨 $RAVE Rally: Momentum or Manipulation?
RaveDAO’s $RAVE is up 10,000% in 30 days, but on-chain data reveals a critical detail:
~95% supply controlled by one entity
3–4% held on exchanges (likely insiders)
👉 ~98% effectively controlled supply
📊 This creates a low-float environment — small inflows = massive price spikes.
⚠️ Risk:
Thin liquidity means the same setup can trigger sharp dumps if large holders sell.
🔎 Bottom line:
This rally looks less like organic demand and more like a controlled supply-driven pump.
RAVEUSDT
Perp
0.61643
-80.08%