🔥$RAVE MAJOR RED FLAG 💔💔 although It's not A typical Memecoin
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I just did a small background check on rave
The Suspicious Part:10 hours before the explosion, two wallets linked
to the project dumped 18.58 million RAVE (~$8M at the time) onto
Bitget. Price immediately went parabolic.
This is the textbook setup insiders use to create liquidity so they can sell into retail FOMO.
This isn’t your average meme pump.RAVE (RaveDAO) exploded
because it actually has real revenue behind it: $3M in 2025 from
global EDM events, projected $7M+ in 2026, with profits going
straight into buybacks and burns.Add in:Massive whale accumulation
+ staking locking up supply Technical breakout from a falling wedge
Short squeeze on steroids New listings adding liquidityMy honest
view on where RAVE goes next:Short-term:
Pullback incoming —
we’re extremely overbought (RSI >80). Expect a healthy correction to $0.80 – $0.95 zone for consolidation
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