Is the RaveDAO (RAVE) pump sustainable or risky?
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Short answer: it’s high risk. On-chain data suggests that a small number of wallets accumulated large amounts of RAVE early and later moved tokens to exchanges during the price peak, which raises concerns about potential price manipulation or coordinated selling.While the project may have real utility, such extreme price movements without major announcements often lead to sharp corrections. Traders should be cautious—rapid gains can reverse just as quickly, especially if early holders decide to take profits or liquidity dries up.