⚠️ $RAVE
RAVE PROJECT EXPOSED THE 75K SCAM THAT FOOLED EVERYONE ⚠️
🕵️ THE SETUP
The RAVE project spent 75000 dollars to create 10500 fake wallets each loaded with under 10 dollars
This is called a Sybil Attack a well known manipulation tactic in crypto
🎯 THE GOAL
Major exchanges like Binance Bitget and Coinbase require projects to show a large number of real holders before listing
So RAVE simply faked it
✅ Fake wallets fake holder count
✅ Exchanges got fooled into thinking it was legit
✅ Coin got listed 🎉
📈 THE PUMP
Once listed the hype machine started
🔺 Price pumped hard
🔺 FDV hit 27 BILLION dollars 🤯
🔺 Retail poured in thinking it was the next big thing
Meanwhile insiders were already at the exit door 🚪
💸 THE DUMP
While YOU were buying THEY were selling
Insiders cashed out at the top and walked away with a reported 335000% ROI 🤯💰
☠️ THE RESULT
📉 Price crashed 86% from the top
📉 Retail traders left holding worthless bags
📉 27 Billion FDV evaporated into thin air
🧠 LESSON
Big holder count means nothing if the wallets are fake
Always check onchain data before entering
If the FDV looks insane at launch it probably is
⚠️ NFA DYOR Stay Safe Out There