⚡️ RaveDAO speaks out about suspicions of RAVE price manipulation

RaveDAO denies any intervention or guidance of the price, affirming that the rumors are false and continues to focus on long-term project development.

The project states it will build a mechanism linking benefits with the community, potentially applying a token lock model based on performance/price.

However, the team also confirms it will sell a portion of the unlocked tokens according to the TRS schedule to support operations, recruitment, marketing, and M&A → meaning there will still be selling pressure in the future.

Additionally, RaveDAO commits to using 20% of operational profits for charity, aiming to build an entertainment & music ecosystem on Web3 rather than chasing short-term price gains.