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In the past 24 hours, $RAVE plunged from 17.5 to 1.31, with a sharp 83.94% drop and trading volume soaring to about 50 million. Open interest on contracts dropped by 70%, indicating massive liquidation and panic selling. Over the past 7 days, RAVE tumbled 72.2%, showing extreme volatility, typical mid-cap risk, and clearly underperformed BTC.
I feel sorry for the victims though!
#GatePreIPOsLaunchesWithSpaceX