How crypto futures markets are feeding ‘scam coin’ insider pump and dumps
RAVE briefly crossed a $6.7 billion valuation on Apr. 18 earlier than collapsing practically 95% in hours. The market infrastructure surrounding the token, consisting of skinny float, concentrated provide, and a dwell perpetual market, drove the size of each the rally and the destruction. ZachXBT alleged that insiders managed greater than 90% of RAVE’s provide,…
