April 23, 2026·Bearish·tokenomics

ZachXBT Alleges $RAVE Token Manipulation, 95% Insider Supply

Crypto investigator ZachXBT has exposed alleged market manipulation related to the $RAVE token. The findings claim 95% of the token's supply is held by insiders, suggesting a 'preloaded insider rug' common in midcap launches. This alleged manipulation reportedly resulted in a $6 billion market capitalization wipe.

Detected & updated continuously · Source: Ruma

Mentioned

RaveGods ($RAVE)

@zachxbt

Sources

@luxetheluxe

.@zachxbt exposing the blatant $rave manipulation with 95 percent insider supply and the $6b mc wipe on $52m liq changes nothing. ct knows these midcap launches are preloaded insider rugs that cexs milk for fees before the crash but they still ape because each thinks they will be