[CRYPTO]■ STORY TIMELINE

BINANCE, BITGET PROBE RAVE TOKEN'S 4,500% SURGE

Major exchanges Binance and Bitget are investigating a dramatic rally in RaveDAO's RAVE token after allegations that insiders orchestrated a short squeeze. The token surged 4,500% in a week.

2 SOURCESFIRST SEEN APR 19, 05:45 AM► READ THE ARTICLE

Techmeme+0m

Binance and Bitget to probe a rally in RaveDAO's RAVE token, which surged 4,500% in a week, after ZachXBT alleged RAVE insiders engineered a large short squeeze (Francisco Rodrigues/CoinDesk)

Francisco Rodrigues / CoinDesk: Binance and Bitget to probe a rally in RaveDAO's RAVE token, which surged 4,500% in a we…

Techmeme+1d 14h

RaveDAO's RAVE has lost $6.6B+ in market cap and its price has sunk ~98% since Saturday, after ZachXBT called on exchanges to probe if it was being manipulated (André Beganski/Decrypt)

André Beganski / Decrypt: RaveDAO's RAVE has lost $6.6B+ in market cap and its price has sunk ~98% since Saturday, after…

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