On April 15, CoinMarketCap reported mixed performance among the top 100 cryptocurrencies. DeXe (DEXE) gained 21.85%, while RaveDAO (RAVE) fell 23.75%. Other notable gainers included Siren, Chiliz, Aave, and Arbitrum, with losses seen in JUST, Worldcoin, Dash, and LayerZero.

RAVE achieved 5th place in a major CEX's 24-hour contract trading volume, recording $3.14 billion and $29.33 million in liquidations, following only BTC and ETH. AIRA and other products also featured on the leaderboard.

The $RAVE token surged 68% in 24 hours, reaching a market cap of nearly $4 billion, with a rise exceeding 6,000% over the week. Despite its volatility and concentration among few wallets, analysts suspect insider manipulation behind the sudden price increase.

Gate News bot message, Gate market display, RAVE has risen 64.01% in the past 24 hours, current price is 16.508 USDT.

Gate News update, April 14, last December, a crypto community member @ufukless1 had to pay medical bills due to illness, and minted an NFT priced at $10 on OpenSea; 15k NFTs were fully minted. After that, Rave DAO air-dropped RAVE tokens to all minters. Currently, this airdrop is worth between $200 and $5,000, giving buyers returns of 20x to 500x.

Gate News, April 13. Coinglass data shows that in the past 4 hours, RAVE liquidation losses totaled $6.24 million. Of that, short liquidations were $5.48 million, accounting for 87.8% of the total liquidation losses; long liquidations were $0.76 million, accounting for 12.2%.

Gate News bot message, Gate market display, RAVE is up 282.58% over the past 24 hours, current price is 10.0649 USDT.

Gate News bot message, Gate market display, RAVE is up 252.52% over the past 24 hours, current price is 8.9628 USDT.

Gate News message. On April 13, according to data from a certain CEX platform, the trader "Cute Woman" currently holds a short position in the RAVEUSDT perpetual contract, with leverage of about 2.01x. The position size is approximately 392k RAVE, the opening average price is about $3.98, the current mark price is about $9.03, the unrealized loss is about $1.97 million, and the return rate is approximately -253%.

Gate News message: April 13. RAVE breaks through $7.5, currently at $7.46, up more than 172% intraday.