🚨 $RAVE : If you’re just as excited to catch the massive pump, then read this.
Quickly:
RAVE has surged by around 500% over the past three days.
As an alpha token, it’s still an early-stage project, still in development. And the audit reveals a key point: the mintable function.
When you check the audit of a token (Binance Alpha or any on-chain token), it’s basically a security scan of the smart contract. This audit shows a function in the code that allows the owner to create more tokens.
And this is very dangerous for holders.
The creator can mint a massive amount of tokens at any time and sell them on the market, which would immediately crash the price.
This means there is a permanent rug pull risk on this token.
Even if you’re currently in profit, the creator can dump at any moment and send the price close to zero.
So yes ! It’s very risky to enter this token.
If you already hold it, consider securing your position as soon as possible.
If you haven’t bought yet, be aware of this risk and act accordingly.
Always check the audit.
The security of on-chain tokens is not guaranteed by Binance.
The audit shows you the risks, it’s your responsibility to check it.
Stay safe.
Just to know, do you have any plan to play it?

