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RAVE Token Value Plummets 90% in One Day Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, accompanied by three wallets and a denial. The RAVE token, associated with RaveDAO, experienced a drastic 90% decline over 24 hours after Binance and Bitget launched probes into unusual trading activity that propelled the token to a $6 billion market capitalization the previous week. Bitget CEO Gracy Chen confirmed the…
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 from RaveDAO. The RAVE token's 90% collapse occurred after Binance and Bitget initiated investigations into unusual trading patterns that briefly propelled the token to a $6 billion market cap. Bitget's CEO, Gracy Chen, confirmed the investigation on social media, while Binanc…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in One Day Amid Exchange Investigations
A dramatic turn of events unfolded over 48 hours, with three wallets and a denial contributing to a $5.7 billion loss in market capitalization. RaveDAO's RAVE token experienced a 90% decline in 24 hours after Binance and Bitget launched investigations into trading activities that propelled the token to a $6 billion market cap. Bitget CEO Gracy Chen and Binance co-CEO Richard Teng confirmed the pr…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in 24 Hours Amid Exchange Investigations
A dramatic turn of events has unfolded for RaveDAO's RAVE token, with its value plummeting by 90% within a 24-hour window. This drastic decline occurred after prominent cryptocurrency exchanges, Binance and Bitget, initiated investigations into the token's recent trading activity, which had catapulted its market capitalization to $6 billion. The probe was confirmed by Bitget's CEO, Gracy Chen, an…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in One Day Amid Exchange Investigations
A $5.7 billion market cap vanished in just 48 hours, with three wallets and one denial at the center of the controversy. RaveDAO's RAVE token experienced a 90% crash within 24 hours after Binance and Bitget launched investigations into unusual trading activity that propelled the token to a $6 billion market cap the previous week. The probe was confirmed by Bitget CEO Gracy Chen on X, with Binance…
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 within 48 hours, triggered by a 90% collapse of RaveDAO's RAVE token following investigations launched by crypto exchanges Binance and Bitget into unusual trading patterns. The token's price plummeted after the exchanges initiated probes, despite RaveDAO's denial of any wrongdoing. Bitget CEO Gracy Chen and Binance co-CEO Richard Teng …
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Value Plummets 90% in One Day Amid Exchange Investigations
A drastic 90% decline in RAVE token value occurred within 24 hours, triggered by investigations into trading activity by Binance and Bitget, which propelled the token to a $6 billion market capitalization the previous week. CEO of Bitget, Gracy Chen, confirmed the investigation on X, while Binance co-CEO Richard Teng stated the exchange would examine signs of market misconduct. Gate.io was also…
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 in just 48 hours, triggered by a 90% crash of the RAVE token following investigations into unusual trading patterns by Binance and Bitget. The token's price had skyrocketed to a $6 billion market cap the previous week, prompting onchain investigator ZachXBT to raise concerns, which were later followed by a $25,000 bounty offer for whist…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in One Day Amid Exchange Investigations
A whopping $5.7 billion in market capitalization vanished within 48 hours, triggered by a 90% crash of RaveDAO's RAVE token after Binance and Bitget launched probes into unusual trading patterns that propelled the token to a $6 billion market cap. The investigation was confirmed by Bitget CEO Gracy Chen and Binance co-CEO Richard Teng, who stated that the exchange would examine signs of market mi…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% in 24 Hours Amid Exchange Investigations
A drastic 90% decline in the RAVE token's value occurred within a 24-hour period, triggered by investigations into trading activity by crypto exchanges Binance and Bitget, which had propelled the token to a $6 billion market cap the previous week. The probe was confirmed by Bitget CEO Gracy Chen and Binance co-CEO Richard Teng, with Gate.io also implicated in the allegations made by onchain inves…
April 19, 2026, 2:28 p.m.