Fresh Manipulation Warnings Hit Other Crypto Projects After RAVE’s 95% Collapse

Key Takeaways:

ZachXBT stated on X: “A summary of the RAVE -95% price fluctuation from $26 to $1 over the past 24 hours.” He said the sequence began on April 18, when he urged Binance, Bitget, and Gate to examine possible manipulation and offered a $10,000 bounty, later raising it to $25,000. Bitget, Binance, and Gate each publicly acknowledged the request that day, while RaveDAO said it had no involvement. ZachXBT also said he confronted RaveDAO co-founder Yemu Xu on April 13 and 14 without receiving a response. Highlighting broader concerns beyond RAVE, he remarked:

“Other projects with highly questionable price action recently include: SIREN, MYX, COAI, M, PIPPIN, RIVER.”