Is RaveDAO a scam?

Asked about RaveDAO (RAVE), market cap rank #292.

Short answer

RaveDAO (RAVE) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • Team is anonymous
  • Majority of recent sentiment is negative
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Top 10 wallets hold more than 70% of supply
  • Less than 50% of supply is circulating

Positive signals

  • Strong liquidity with a volume-to-market-cap ratio of 28.06% and a 24-hour trading volume of $221,814,848.
  • Clear economic design with a hard cap of 1,000,000,000 tokens and 25% of the total supply currently in circulation.

Team transparency

The RaveDAO team is anonymous — public identities are not on record.

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