Sentiment: Negative
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How crypto futures markets are feeding ‘scam coin’ insider pump and dumps
By Gino Matos at 2026-05-09 02:43
Sentiment: Negative
RAVE briefly crossed a $6.7 billion valuation on Apr. 18 before collapsing nearly 95% in hours. The market infrastructure surrounding the token, consisting of thin float, concentrated supply, and a live perpetual market, drove the scale of both the rally and the destruction. ZachXBT alleged that insiders controlled more than 90% of RAVE's supply, with […] The post How crypto futures markets are feeding ‘scam coin’ insider pump and dumps appeared first on CryptoSlate. Continue reading...
Categories: DeFi
Tags: #DeFi #Featured #Scams #Trading
Source CryptoSlate