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$RAVE The truth behind the surge, don't be fooled by the story
Many people only see RAVE doubling in value over a few days, but they can't understand who is actually controlling this market movement.
First of all, the core driving force is not market consensus, but the controlled funds with clear on-chain signals. Before the market explosion, two related whale addresses simultaneously deposited tens of millions of tokens into exchanges, totaling nearly 8 million USD in chips—classic pattern of accumulating before pumping, with much clearer signs of manipulation than natural buying.
Secondly, it is inherently an extremely volatile token structure: circulating chips account for less than a quarter of the total supply, with most chips tightly locked in the hands of a few addresses. A small amount of capital can easily push the price to double, but once the main players cash out and leave, a dump can cause a sudden crash—price movements are completely unconstrained by market laws.
Long-term sideways accumulation at low levels has worn down the chips, and breaking out triggers a market-wide technical follow-up, with huge daily transactions continuously attracting short-term gamblers to join in, further inflating the bubble.
Adding the current hot RWA track benefits, bundling with Web3 music and entertainment narratives, and riding the sector's hype to wildly tell stories.
But a market driven purely by capital manipulation has never sustained a long-term bull run; chasing high at the top is likely just the last step in the cycle.
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