Cryptocurrency20 Apr 2026SEO 801 min read

Analysis: Blockchain sleuth accuses RaveDAO of knowing who manipulated the price of its t…

The on-chain sleuth cited "suspicious" exchange-linked activity as RAVE swung from $60 million in market capitalization to $6 billion and back. Blockchain inve…

The on-chain sleuth cited "suspicious" exchange-linked activity as RAVE swung from $60 million in market capitalization to $6 billion and back. Blockchain investigator ZachXBT alleges that the RaveDAO team is at least aware of who manipulated its RAVE token, which surged 11,000% before crashing more than 90%. He says on-chain links between RaveDAO team addresses and suspicious centralized exchange activity contradict the project’s public denials of involvement in the token’s extreme price actio…

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