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RAVE Token Plummets 90% in 24 Hours Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, accompanied by three wallets and a denial from RaveDAO. The RAVE token's 90% collapse occurred after Binance and Bitget launched investigations into unusual trading patterns that propelled the token to a $6 billion market cap the previous week. Bitget's CEO, Gracy Chen, confirmed the probe, while Binance co-CEO Richa…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% in One Day Amid Exchange Investigations
A dramatic 48-hour period saw three wallets implicated, a denial issued, and $5.7 billion in market capitalization evaporate. RAVE, the token of RaveDAO, experienced a catastrophic 90% decline within 24 hours after Binance and Bitget launched probes into suspicious trading activity that propelled the token to a $6 billion market cap. The investigations, confirmed by Bitget CEO Gracy Chen and Bina…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% in 24 Hours Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, sparked by a 90% collapse of RaveDAO's RAVE token over 24 hours, following investigations launched by crypto exchanges Binance and Bitget into unusual trading patterns that had propelled the token to a $6 billion market cap the previous week. Bitget CEO Gracy Chen and Binance co-CEO Richard Teng confirmed the investigati…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% in 24 Hours Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, accompanied by three wallets and a denial from RaveDAO. The RAVE token's price crashed by 90% over 24 hours after Binance and Bitget initiated investigations into trading activities that drove the token's market cap to $6 billion last week. Bitget CEO Gracy Chen and Binance co-CEO Richard Teng confirmed the probes, with …
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% in 24 Hours Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, accompanied by three wallets and a denial from RaveDAO. The RAVE token's 90% crash occurred within a 24-hour period, following the initiation of investigations by Binance and Bitget into trading activities that propelled the token to a $6 billion market capitalization the previous week. Bitget CEO Gracy Chen confirme…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Value Plummets 90% in One Day Amidst Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, spurred by a 90% decline in RAVE token value over 24 hours, following the launch of investigations by Binance and Bitget into suspicious trading activity that propelled the token to a $6 billion market cap the previous week. Bitget CEO Gracy Chen acknowledged the probe on X, while Binance co-CEO Richard Teng stated tha…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in One Day Amid Exchange Investigations
A drastic 90% decline in the RAVE token's value occurred within 24 hours, resulting in a $5.7 billion loss in market capitalization. This downturn was triggered by investigations launched by cryptocurrency exchanges Binance and Bitget into unusual trading patterns that had propelled the token to a $6 billion market cap. The probe was confirmed by Bitget's CEO, Gracy Chen, and Binance's co-CEO, Ri…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Value Plummets 90% in One Day Amid Exchange Investigations
A dramatic turn of events has unfolded over 48 hours, with three wallets and a denial contributing to a staggering $5.7 billion loss in market capitalization. The RAVE token, affiliated with RaveDAO, experienced a 90% decline in value within 24 hours after Binance and Bitget initiated probes into suspicious trading activity that propelled the token to a $6 billion market capitalization the previo…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in 24 Hours Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished in just 48 hours, accompanied by three wallets and a denial. The RAVE token experienced a drastic 90% decline over 24 hours after Binance and Bitget launched investigations into suspicious trading activities that propelled the token to a $6 billion market capitalization the previous week. Bitget CEO Gracy Chen confirmed the investiga…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% in 24 Hours Amid Exchange Investigations
A drastic 90% decline in RAVE token's value occurred within a 24-hour period, triggered by investigations into alleged market misconduct by crypto exchanges Binance and Bitget, which had propelled the token to a $6 billion market capitalization the previous week. The investigation, confirmed by Bitget CEO Gracy Chen and Binance co-CEO Richard Teng, was prompted by on-chain analyst ZachXBT's all…
April 19, 2026, 2:28 p.m.