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TEXXR

Chronicles

The story behind the story

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RaveDAO's RAVE has lost $6.6B+ in market cap and its price has sunk ~98% since Saturday, after ZachXBT called on exchanges to probe if it was being manipulated

RaveDAO's token cratered this weekend after blockchain sleuth ZachXBT called on exchanges to investigate trading tied to its surging token.

Decrypt André Beganski

Discussion

  • @zachxbt @zachxbt on x
    A summary of the RAVE -95% price fluctuation from $26 to $1 over the past 24 hours. RAVE Timeline: April 18, 2026 7:26 am UTC: I posted a call to action for Binance, Bitget, & Gate to investigate RAVE market manipulation and offered a $10K bounty. 10:56 am UTC: I posted an [image…
  • @crypto_bitlord7 @crypto_bitlord7 on x
    Ripple labs hold roughy 40% of $XRP $RAVE, hold 95% Why are we ignoring the similarities? Ripple dumped on us for years (I've personally forgiven them) But the fact is: This industry seems to be rather selective in the FUD department.
  • @nicrypto Nic on x
    Not a great 24 hours for crypto's image. The biggest DeFi hack of 2026 hit yesterday with Kelp DAO exploited for $292m. Then RAVE token crashed 95% in one day after a vertical pump to $28, wiping $6.3bn in market cap. That's on the back of investigations into alleged insider
  • @aisarcore @aisarcore on x
    $RAVE is down over 95% from its all-time high after series of exchanged launched a full investigation into the token due to its recent price action For context, if you invested $1,000 into $RAVE just yesterday you'd have $50 right now Crazy but much needed [image]
  • @bscnews @bscnews on x
    RAVE CRYPTO CRASHES 97% AMID PUMP AND DUMP CLAIMS $RAVE token has collapsed over 97 percent, wiping out billions in market value, over the last two days. Its market cap plunged from $6.6 billion to just $144 million in days. On chain investigator @ZachXBT has alleged insider [vid…
  • @ni_celeb Ni North on x
    when a token nukes 95% after hitting $6B... that's not just volatility anymore 👀 reading @zachxbt thread, some things stand out: $RAVE went ~$26 → ~$1 in 24h, wiping ~$6B with only ~$52M liquidations 📉 key points: ~95% supply concentrated in a few wallets ⚠️ suspicious [image]