The post Rave DAO (RAVE) Price Rebounds After Brutal Crash — Dead Cat Bounce or Real Recovery? appeared first on Coinpedia Fintech News
Rave DAO’s collapse from around $28 to nearly $0.50 sent shockwaves across the crypto market. Concerns intensified after ZachXBT flagged extreme token concentration, likely fueling the token’s explosive 11,000% rally in under two weeks. The surge quickly unravelled, with RAVE plunging over 98% and erasing nearly $6 billion in market value as whales exited, triggering …