$6.3 BILLION WIPED OUTAfter a vertical 10,000%+ pump from ~$0.25 to $28 in just days (peaking at over $6B market cap), $RAVE collapsed violently to ~$1.10 in under 24 hours.On-chain sleuth ZachXBT exposed the alleged pump-and-dump:

  • ~95% of the 1B total supply controlled by just 9 team-linked wallets since launch on Binance Alpha (Dec 2025).

  • Suspicious transfers of tens of millions of tokens to Bitget, Binance, and Gate right before the parabolic move.

  • Coordinated short squeeze triggered ~$52M in liquidations while insiders allegedly dumped.

#Binance and Bitget have now launched formal investigations. ZachXBT raised his bounty to $25K for concrete evidence. RaveDAO denied any team involvement.Classic high-concentration token playbook: insane hype → massive retail FOMO → brutal rug.Stay safe out there. Never ape low-float, insider-heavy plays without DYOR.

#KelpDAOFacesAttack #DAO