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
Decrypt André Beganski
Related Coverage
- RaveDAO (RAVE) Token Plunges 90% After Meteoric Rise: ZachXBT Points to Team Knowledge Blockonomi · Trader Edge
- Blockchain sleuth accuses RaveDAO of knowing who manipulated the price of its token CoinDesk · Olivier Acuna
- Zachxbt Identifies Other Cryptos Like RAVE With The Same Trajectory, What Do They Have In Common? Bitcoinist.com · Scott Matherson
- RAVE's $6B Pump-and-Dump: Insider Illusion Exposed Disruption Banking · Ayanfe Fakunle
- ZachXBT Called It a Pump and Dump: So Why Did RaveDAO Crypto Just Bounce 138% Again? Cryptonews · Ahmed Barakat
Discussion
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@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…
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@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.
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@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
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@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]
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@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…
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@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]