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Home News 「Pump-and-Dump」 Meme Coin RAVE Surges Over 10x in the Past 4 Days, One Address Shows Over $50 Million in Unrealized Gains

「Pump-and-Dump」 Meme Coin RAVE Surges Over 10x in the Past 4 Days, One Address Shows Over $50 Million in Unrealized Gains

「Pump-and-Dump」 Meme Coin RAVE Surges Over 10x in the Past 4 Days, One Address Shows Over $50 Million in Unrealized Gains

BlockBeats News, April 12, according to HTX market data, the price of RAVE, one of the “pump” meme coins, has surged by 56% in the past 24 hours, now trading at $2.78, reaching as high as $3.17 at one point. Since April 8, it has skyrocketed more than 10 times from $0.26.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the multi-sig address 0x0A1…790d7 that withdrew a total of 31.93 million RAVE from Bitget in the past two days has seen its asset value surge from $37.54 million to $89.10 million, an increase of about $50 million in two days. On April 8, these tokens were worth only $8.52 million.

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