RaveDAO completed a quite impressive token launch today. The TGE opening valuation was about 180M, reaching 370M in just 6 hours—demonstrating strong market enthusiasm. There are several noteworthy aspects of this achievement: first, there was no significant selling pressure from VCs, which is a very positive signal for the newly issued token ecosystem. From the lineup of exchanges supporting it, major platforms such as Binance Alpha, Kraken, Bitget, MEXC, and Gate all supported it immediately, ensuring ample liquidity. Overall, this was a very smooth launch—there is room for valuation growth, the ecosystem engagement is good, and there is still significant development potential moving forward.
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ser_ngmi
· 12-12 21:54
VC didn't dump the market, and the exchanges fully support it. This move indeed has some substance.
It only took a few hours to go from 180 to 370, the market is really hungry.
However, a smooth start like this... the real test is how it will develop later. Don't end up becoming that kind of situation again.
Let's try contract interactions; with sufficient liquidity, at least it won't get trapped.
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BlockchainBouncer
· 12-12 21:53
It's true that VC didn't sell off, I'm just worried that the people behind will buy the dip.
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ZKProofster
· 12-12 21:50
ngl the 180M to 370M pump in 6 hrs is sus... VC restraint usually means they're just waiting for the real exit liquidity lmao
RaveDAO completed a quite impressive token launch today. The TGE opening valuation was about 180M, reaching 370M in just 6 hours—demonstrating strong market enthusiasm. There are several noteworthy aspects of this achievement: first, there was no significant selling pressure from VCs, which is a very positive signal for the newly issued token ecosystem. From the lineup of exchanges supporting it, major platforms such as Binance Alpha, Kraken, Bitget, MEXC, and Gate all supported it immediately, ensuring ample liquidity. Overall, this was a very smooth launch—there is room for valuation growth, the ecosystem engagement is good, and there is still significant development potential moving forward.