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Updated 19 April 2026 at 13:54CoinCex editorial review

RaveDAO Rejects Manipulation Allegations While RAVE Token Drops 95 Percent From All-Time High

#Crypto News Altcoins markets and prices

RaveDAO has publicly denied accusations of price manipulation tied to the RAVE token. The team states they are concentrating on Web3 offline events and charitable work, including funding medical surgeries in Nepal. The RAVE token fell 95 percent to $1.24 following the denial of a fabricated 10,000 percent price spike. Leadership at Binance and Bitget have initiated investigations into the matter.

The RaveDAO team has dismissed claims of involvement in price manipulation of the RAVE token and insisted it remain focused on Web3 offline events and philanthropic efforts, such as funding surgeries in Nepal. Key Takeaways: RAVE collapsed 95% to $1.24 after RaveDAO denied claims of a manufactured 10,000% surge. Binance and Bitget CEOs launched probes […]
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RaveDAO Rejects Manipulation Allegations While RAVE Token Drops 95 Percent From All-Time High