RaveDAO Price Prediction: RAVE Hits $4.1B But On-Chain Data Tells A Different Story

• RAVE trades at $16.74, up 1.09%, with RSI at 99.59 and price sitting $4 above the upper Bollinger Band at $12.946.
• 90% of RAVE supply sits in three team wallets, with 18.58M tokens moved to Bitget hours before the spike triggered $17M in short liquidations.
• RAVE hit a $4.1B market cap on April 15, ranking 22nd globally above Avalanche and Sui with no fundamental catalyst.

RAVE trades at $16.74 on April 15, up 1.09%, after a 6,000% rally in seven days pushed it to a $4.1B market cap, while on-chain data reveals 90% of supply sits in three project-linked wallets and $17M in shorts were liquidated in 24 hours.

Is RAVE’s Rally Sustainable Or Is This A Textbook Pump?

The daily chart needs no technical analysis to tell the story. RAVE traded flat near $0.20 from January through early April, with Bollinger Bands so compr…

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