RAVE Token Investigations Spark Market Concerns Over Low Float Risk

The recent exchange investigations into RAVE token trading have raised concerns about the token's market stability.

As part of their reviews, exchanges such as Binance and OKX launched internal probes, which sparked panic among traders. The investigation was prompted by allegations of manipulation in the RAVE token's trading activity.

One major red flag identified during the review is the token's low 'float', which refers to the available supply of a cryptocurrency. With only 24.8% of its 1 billion total supply in circulation, even a single large sale can cause the price to plummet rapidly due to insufficient liquidity.