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$RAVE
Here's my view on Rave
A normal coin is a gamble; RAVE, to put it plainly, is just two words: pig slaughter.
99% control of the market, and people are still talking about technical analysis and trends. I can only say you're not here to trade; you're here to give away your money.
How does a normal market operate? You get the right call and make money; you get it wrong and lose money. The money gained is within your cognition, and the money lost is also within your cognition. You can lose, but you lose on judgment. But what does a coin with 99% control mean? It means—
you have no judgment power, you're not participating in the market, you're participating in a script. In such a market, there are no "trends," only "liquidation paths." When long positions are many → smash, when short positions are many → pump. The price isn't formed naturally; it's designed based on liquidation sequences. When you see candlesticks, the trader sees who is about to be liquidated.
These two things, fundamentally, are not in the same world. Some say, "Don't care if it's controlled; if it can rise, that's a good thing." Think clearly first—who is a coin with 99% control being pumped for? Not for rising; it's to lure you in as liquidity. Normal coins rise as a result of market gambling; such coins' rise is part of the harvesting process. One you lose on cognition, another you lose on rules.
RAVE, in essence, is no longer a coin; it's a tool, specifically used to drain liquidity from exchange users. You think you're betting against the market, but in reality, you're providing exit liquidity for the big players. Even more outrageous is that some people still think this kind of thing is "pretty good" because "it can pump." You like the rise; they like you to blow up.
If this kind of thing isn't controlled, eventually all altcoins will evolve in this direction. No need to develop products, no need to tell stories—just control + double liquidation of contracts → print money directly. Then, the only thing left for exchanges is: open parks, full of liquidity waiting to be slaughtered. This kind of market isn't about whether you should touch it; it's about whether you must eliminate it. Otherwise, you're not making money in bull or bear markets; you're just a consumable in a system designed by others.