RAVE Token Enters Top 20 After Staggering 10,000% Monthly Surge
Key Takeaways:
Jeremy contends that this vertical price action was far from a “retail-driven discovery” of a hidden gem. Rather, he characterizes it as a calculated short squeeze engineered on a low-float asset. With the core team controlling a staggering 90% of the total supply, Jeremy suggests the rally served as a manufactured liquidity event, allowing insiders to stage a massive exit on centralized exchanges.
In the wake of Jeremy’s post, RAVE’s valuation has more than doubled, intensifying the outcry of pump and dump allegations. This vertical ascent has sparked a wave of skepticism across social media, with observers drawing parallels to previous moon shots like ARIA and SIREN.
Those projects, which similarly posted astronomical gains over a short horizon, eventually suffered catastrophic collapses—leaving retail investors holding the bag as liquidity evaporated.
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