$RAVE
just shocked the market — and not quietly.
In a single explosive move, price ripped to $0.606, printing a massive +399% daily surge. The candle tells the whole story: a launch from around $0.12, straight through resistance, peaking near $0.67, then cooling slightly as traders took quick profits. That pullback to the $0.60–$0.61 zone isn’t weakness — it’s the market catching its breath after a vertical run.
Market cap now sits around $139.5M, while FDV stretches to $606M, showing how much future supply traders are already pricing in. Liquidity is still relatively thin at $2.11M, which explains the violent upside and why volatility cuts both ways here. With only 3,445 on-chain holders, this move was driven by speed, not crowd saturation.
Volume exploded to nearly 40M, confirming this wasn’t a random wick — real money chased the breakout. Momentum is clearly bullish, but after such a fast climb, chop and pullbacks are natural as late buyers fight early sellers.