RAVE Price Surges by 85% as Liquidations Spike Across Crypto Markets
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- RAVE jumps 85.99% to $2.07 as volume surges 92%, signaling strong market activity.
- Short liquidations dominate, reaching $11.75M in 24h, reflecting sustained upward pressure.
- Upcoming 4.5M token unlock draws focus as price discovery phase drives volatility.
RaveDAO’s native token, RAVE, recorded a move higher over the past 24 hours, with market data showing it trading at $2.07 after an 85.99% increase. The advance was accompanied by a surge in activity across spot and derivatives markets, with trading volume rising to approximately $420.15 million, a 92.35% increase.
At the same time, market capitalization reached $495.57 million, while the unlocked valuation stood at $505.59 million, indicating that most of the circulating supply is already accessible to the market.
Source: CoinMarketCap
The price increase coincided with a high volume-to-market cap rat…
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