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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.
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 Value Plummets 90% in One Day Amid Exchange Investigations
A staggering $5.7 billion in market capitalization was wiped out in just 48 hours, with three wallets and one denial at the center of the controversy. The RAVE token's value crashed by 90% over 24 hours after Binance and Bitget launched investigations into suspicious trading activity that had driven the token's market cap to $6 billion the previous week. Bitget CEO Gracy Chen and Binance co-CEO R…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in a Day Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, triggered by a 90% crash of RaveDAO's RAVE token over 24 hours, following the launch of investigations by crypto exchanges Binance and Bitget into suspicious trading activity that propelled the token to a $6 billion market cap the previous week. Bitget CEO Gracy Chen confirmed the probe, while Binance co-CEO Richard Te…
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 the project team. The RAVE token, affiliated with RaveDAO, experienced a drastic 90% decline over 24 hours after prominent cryptocurrency exchanges Binance and Bitget initiated investigations into suspicious trading activity that propelled the token to a $6 billion market …
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in One Day Amid Intensifying 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 over 24 hours came after Binance and Bitget launched investigations into trading activities that propelled the token to a $6 billion market cap the previous week. Bitget's CEO, Gracy Chen, confirmed the investigation on X, while Bina…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% in One Day Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, triggered by a 90% crash of RaveDAO's RAVE token following investigations launched by cryptocurrency exchanges Binance and Bitget into suspicious trading activities that 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, wh…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plunges 90% Amid Exchange Investigations
A staggering $5.7 billion in market capitalization vanished within 48 hours, triggered by a 90% collapse of the RAVE token over 24 hours, following probes by Binance and Bitget into suspicious trading activity that had driven the token's market cap to $6 billion the previous week. Bitget's CEO, Gracy Chen, confirmed the investigation on X, while Binance co-CEO Richard Teng stated that the excha…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Plummets 90% in One Day Amid Exchanges' Probe Expansion
A staggering $5.7 billion in market capitalization vanished within 48 hours, accompanied by three wallets and a denial. The RAVE token's value plummeted by 90% over 24 hours after Binance and Bitget launched investigations into suspicious trading activity that propelled the token to a $6 billion market cap the previous week. Bitget CEO Gracy Chen confirmed the investigation on X, and Binance co…
April 19, 2026, 2:28 p.m.
Markets
RAVE Token Value Plummets 90% in One Day 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 over 24 hours, following the launch of investigations by cryptocurrency exchanges Binance and Bitget into suspicious trading activities that propelled the token to a $6 billion market capitalization the previous week. Bitget CEO Gracy Chen confirmed the investigation …
April 19, 2026, 2:28 p.m.