$RAVE ‌#Gate13thAnniversaryLive using 12x leverage. Although the price dropped from19 to $11 (the prediction was correct), the account still lost money because the funding rate was extremely high—almost 5000% annualized, deducting 2% every hour. This means that even if the market moved in the right direction, the fees overwhelmed any profit.

 
Market Manipulation Concerns: RAVE surged from $0.29 to nearly $20 in a week, with most tokens concentrated in three wallets. This concentration made the market highly risky for shorts, leading to a $40 million liquidation. The post suggests this is not a normal market, but rather a setup or trap.
 
Lessons and Safer Alternatives: The experience highlights the risks of trading assets with high leverage and extreme funding rates, especially when market manipulation is suspected. The post recommends focusing on projects with transparent tokenomics and clear risk disclosures, like PIXEL, which is tied to real ecosystem income and has open, transparent distribution.