ZachXBT: The RaveDAO team may be aware of RAVE price manipulators

Blockchain investigator ZachXBT has accused the RaveDAO team of at least being aware of the manipulation of the RAVE token price. The market capitalization of the RAVE token once surged from around $60 million to $6 billion within 9 days, marking an increase of 11,000%, before plummeting by $5.7 billion in 48 hours. ZachXBT stated that on-chain data shows links between RaveDAO team addresses and suspicious centralized exchange activities, questioning the project's denial of involvement in the extreme price volatility.