On-chain analyst ZachXBT has raised suspicions of pump-and-dump price manipulation related to RAVE tokens. According to the claim, some internal forces are suspected of manipulating the market by controlling over 90% of the circulating supply. ZachXBT stated that transactions occurred on exchanges such as Bitget, Binance, and Gate, urging each exchange to conduct internal investigations and take action against those involved. He also mentioned the possibility of further revelations, stating that he would pay a reward of up to $10,000 to informants providing relevant evidence.