RAVE's 180% Pump Hits a New ATH—And Just When Two Wallets Decide to Book Profit

While the broader market was busy drowning in geopolitical chaos, RaveDAO (RAVE) decided to moonwalk to its own beat. The token busted through a fresh all-time high above $6.4, clocking an eye-watering 180% surge in just 24 hours. At press time, it had gently napalmed back down to $5.9, but not before dragging its market cap north of $1.4 billion. Because apparently, when everything else is bleeding, RAVE said "hold my beer."

The trading volume tells its own chaotic story: $468 million flipped hands in 24 hours, a 145% jump from the day before. Meanwhile, the rest of the crypto market was sipping red candles, down 2.68%. RAVE was basically that one student who aces the exam while the whole class fails.

Notably, 74% of Binance traders were short before Coinbase dropped the listing announcement. Oops. Someone really said "I hate money" with their positions.

RaveDAO is the utility token behind a Web3 entertainment collective—think crypto, music events, and community ownership bundled together. NFTs, tokens, governance—the whole decentralized shebang. It's basically if Coachella and a DAO had a very organized baby.

Here's where things get interesting.

On-Chain Red Flags

Two separate wallets quietly accumulated 10 million RAVE tokens each over the past few months while the price languished under $0.50. Both wallets then moved their entire holdings to Bitget within the same