#RAVE代币上线爆涨现涨幅百分之四百 $RAVE 2025 December 12, 2023, RAVE token experienced a surge after being listed on multiple mainstream exchanges, achieving several times the increase in the early stage of its listing. This surge was attributed to the liquidity boost from multi-platform listings and the support of ecological operations and incentive activities. The details are as follows:
1. The surge was impressive: On December 12, after the token was listed on Binance Alpha, the intraday price once rose to $0.26, achieving an approximately 116.2% intraday increase compared to the opening price. Genesis members gained a 250% return within an hour, and the on-chain trading volume reached $25 million within the first hour of listing. Subsequently, its upward trend continued to ferment, reaching a maximum of $0.618277 within 24 hours. As of December 13, some data showed that its 24-hour increase was as high as 247.05%. However, the current price has slightly retreated; on December 13, CoinGecko showed its price at $0.35, which, although lower than its historical peak, still represents a significant increase from the initial low at the time of listing, with a current market value of approximately $40.06 million.
2. Multiple factors contributed to the surge: On one hand, the listing channels brought sufficient liquidity. In addition to Binance Alpha, RAVE was also listed on Kraken, Bitget, Gate, and four other major exchanges on the same day, significantly improving trading convenience and attracting a large influx of funds. On the other hand, incentive activities stimulated purchasing demand. Aster Dex launched a $200,000 RAVE purchase reward program, where rewards could increase by 1.5 times when using the USD1 stablecoin for purchases, directly driving the trading heat of the token. Furthermore, the ecosystem behind RAVE has real-world applications, as it can be used for offline music event ticket payments, artist collaboration authorizations, etc. The project has established branches in multiple cities globally and has hosted large offline events, enhancing investors' confidence in the token through this model that combines culture with Web3.
However, it is important to note that this surge has a certain speculative nature in the early stage of listing. With the end of related reward activities on December 26, the speculative heat may dissipate, and there are still a large number of tokens in the lock-up period, which may create selling pressure in the future and pose a higher risk of short-term volatility.
