RaveDAO's RAVE token has surged thousands of percent in a week, leading to $43 million in liquidations and ranking it third globally in futures liquidations behind Bitcoin and Ethereum.
The six-week range that capped every rally at $73,000 finally broke on Monday as stocks erased all Iran war losses and Trump signaled willingness to resume peace talks.
Ether is outperforming bitcoin as ETF flows, spot prices and a 41% jump in Ethereum transactions move in the same direction for the first time in months.
RAVE, the native token of RaveDAO, has experienced a massive 6,000% surge, climbing from $0.25 to over $14 in just one week, sparking debate over its sustainability and market concentration.