How crypto futures markets are feeding ‘scam coin’ insider pump and dumps
RAVE briefly crossed a $6.7 billion valuation on Apr. 18 before collapsing nearly 95% in hours. The market infrastructure surrounding the token, consisting of thin float, concentrated supply, and a live perpetual market, drove the scale of both the rally and the destruction. ZachXBT alleged that insiders controlled more than 90% of RAVE's supply, with […]
The post How crypto futures markets are feeding ‘scam coin’ insider pump and dumps appeared first on CryptoSlate.
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