🚨 ON-CHAIN WARNING –
RaveDAO (RAVE) - DANGEROUS CENTRALIZED TOKEN 🚨
📊 Latest holder data (BSC):
🥇 Wallet #1 holds 24.6% of total supply
🥈 Wallet #2 holds 23.5%
👉 Only 2 wallets control ~48% supply
👉 Top 6 wallets hold ~83% of total supply
⚠️ What does this mean?
Just 1–2 large wallets dumping can cause the price to crash quickly
No major exchange wallets seen → not exchange liquidity
Retail investors coming in later can easily become exit liquidity
🧠 On-chain perspective:
The token has an extremely centralized holder structure, high risk for medium–long term holding if there is no transparent vesting and confirmed cash flow.
👉 Recommendation:
Do your own research thoroughly, manage capital tightly.
Don't FOMO when on-chain is not supportive.
#OnChainAlert #BSC #CryptoWarning #DYOR
