The utility token of RaveDAO (RAVE) has experienced an astronomical surge, rising 245% in 24 hours to surpass $9 and reaching a market capitalization of $2.4 billion.
Key Takeaways:
RAVE surged 245% on April 13, pushing its total monthly gains past 3,600% and market cap to $2.4 billion. Coinglass data shows $31.1 million in short liquidations, highlighting a massive squeeze on Binance. RaveDAO faces scrutiny over its 1 billion token supply as analysts warn of potential insider manipulation. Exchange Listings and Market Sentiment Market Drivers and Structural Risks
