Apr 19, 2026
RAVE Token Collapses 90% in One Day as Binance and Bitget Launch Market Manipulation Investigations
RaveDAO's RAVE token crashed from $27.33 to $1.15 on April 19, wiping out over $5 billion in market cap after surging 4,500%. Binance and Bitget opened investigations into suspected pump-and-dump activity, while blockchain investigator ZachXBT offered a $25,000 whistleblower bounty.
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