RAVE breaks above $19 to hit a new all-time high—shorts get wiped out!


24 hours up 135%, up over 6600% in 7 days; nearly $30 million in contracts liquidated—liquidation amount ranks No. 3 on the entire network, behind only Bitcoin and Ethereum—of which short liquidations account for 82%!
But on-chain data reveals the terrifying truth:
🚨 Three wallets control 90% of the token supply
🚨 Only 24% circulates in the public market
🚨 Suspected market makers first top up and deposit to exchanges to lure shorts, then violently withdraw coins to pump, completing a chain of short-squeeze liquidations and harvest
The project’s vision is a Web3 electronic music ecosystem, but its token allocation is even worse than a Ponzi scheme. The house always wins at the gambling table.
#RAVE # liquidation #加密货币 # shanzhai coin
RAVE-22.2%
BTC0.28%
ETH1.81%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin