Gate News Bot Message, December 16th, according to CoinMarketCap data, as of press time, RAVE (RaveDAO) is trading at $0.44, up 41.22% in the past 24 hours, with a high of $0.64 and a low of $0.14, and a 24-hour trading volume of $178 million. The current market cap is approximately $101 million, an increase of $29.6 million from yesterday. RaveDAO is a global movement platform founded by music enthusiasts, serial entrepreneurs, early crypto adopters, and technology industry professionals. The project was launched in November 2023 as a 200-person party during a crypto conference and has since grown into large events averaging 3,000 participants. Each attendee receives an NFT as a participation credential, and 20% of the event proceeds are donated to charity organizations selected by the community. RaveDAO is committed to

Odaily Planet Daily reports that Gate has launched RAVE perpetual contracts trading (USDT settled), supporting 1-20x leverage. It has also been simultaneously launched on Gate Perp DEX.

Odaily Planet Daily reports that according to market software, RAVE price broke through $0.6, reaching a high of $0.67, with a 24-hour increase of 413%.

Odaily Planet Daily News: Donald Trump Jr., the eldest son of Donald Trump, reposted and followed the collaboration between Aster and USD1 on the X platform. According to on-chain data, the on-chain trading volume of RAVE/USD1 exceeded $60 million within three hours of launch, and market activity continues to heat up.

Odaily Planet Daily reports that, according to Lookonchian monitoring, two newly created wallets (0x98DF and 0xEb2c) have just withdrawn 300,000 USDT from CEX to purchase RAVE.

Odaily Planet Daily News: RaveDAO announces the RAVE airdrop ratio and distribution mechanism for Genesis Membership Pass holders. According to the announcement on December 12, the airdrop exchange ratio is: 1 RAVE Point = 2 RAVE. This airdrop has three wallet submission windows, corresponding to different RAVE distribution times: Window One - Submission Time: December 10, 2025, 08:00

Aster announced that Aster Rocket Launch has become the first DEX for $CYS and $RAVE, launching a prize pool of over $250,000. $CYS went live on December 11th, and $RAVE will go live on December 12th, each with its own prize pool and exclusive trading pair.

Odaily Planet Daily reports that RaveDAO officially issued a statement today to clarify the airdrop distribution rules and time window for Genesis founding members and community members participating in RaveDAO activities during 2024–2025. This airdrop aims to reward users who have made genuine contributions to the ecosystem through on-chain interactions, physical event sign-ins, and community building before the issuance of RaveDAO tokens. All airdrops will be distributed gradually after the token release (TGE) on December 12. RaveDAO Genesis founding members are the first recipients of the airdrop. Users need to check their points by going to PLVR (RaveDAO official ticketing platform) → My Membership → RaveDAO → My Points, and complete the process on the desktop.

RaveDAO announces that all its membership passes have been sold out, aiming to build a Web3-based global entertainment and IP ecosystem. A Genesis rewards draw will be held, and the winners will be announced after the TGE, with rewards to be distributed within two weeks. Information about the project Token RAVE has not yet been disclosed.

Gate News bot message, Gate market shows that since the launch of Alpha, RAVE has risen 3832.08%, current price 0.0028403 USDT.

Gate News bot news, Gate market shows that after the launch of Alpha, RAVE has risen 2118.32%, current price 0.0016013 USDT.

Gate News bot message, Gate market shows that after the launch of Alpha, RAVE has risen 1202.22%, current price 0.0009406 USDT.

Gate News bot message, Gate market shows that RAVE has risen by 1117.74% since the launch of Alpha, current price 0.0008796 USDT.

Odaily Planet Daily News RAVE posted on X platform, indicating that the testnet has officially launched. Users can enter the RAVE Discord through the official link, where Discord members can receive free test coins and gas Token.

Golden Finance reported that according to official sources, the Rave test network, built on the Interwoven Stack based on Initia, has officially launched. The project, supported by Arthur Hayes's Maelstrom Fund, introduces quantitative contracts on-chain for the first time, allowing users to trade with any Collateral. Rave officials stated that users can get free test tokens and fuel tokens by joining the Discord community, and start experiencing Rave's trading functionality on the testnet immediately.