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RAVE Crypto Price Plunges 95% Amid Pump-and-Dump Allegations

RAVE Crypto Price Plunges 95% Amid Pump-and-Dump Allegations

Key Insights:

  • RAVE crypto price surged over 5,600% before crashing nearly 95% in a day.
  • ZachXBT alleges insider-driven pump-and-dump across major exchanges.
  • Binance and Bitget have launched investigations into trading activity.

The RAVE crypto price has fallen dramatically today after an impressive run. In less than 24 hours, this cryptocurrency has lost almost everything, plunging over 100%.

However, there is a reason behind the sharp plunge in the RAVE crypto price. In this context, it is important to note that the RAVE crypto price plummet is fueled by allegations of a ‘pump and dump’ scheme.

Apparently, amid mounting questions about the scam, warnings from figures such as ZachXBT, Binance, Bitget, and others…

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