CryptoBearishCoinDesk · 4h ago7/10
⛓️
RaveDAO's RAVE token collapses 90% in a day as exchange probes widen
RaveDAO's RAVE token experienced a catastrophic 90% price collapse within 24 hours, plummeting from $27.33 on Friday to $1.15 by Sunday and erasing over $5 billion in market capitalization. The crash coincides with ongoing investigations by major exchanges Binance and Bitget, signaling potential regulatory or operational concerns that triggered the market panic.
