RaveDAO's price has surged by an astonishing 3765% over the past week, with trading volumes surpassing $13 billion on major platforms like Binance and OKX Futures. This dramatic increase has raised eyebrows among analysts, who suggest it may be a "deception tactic" or a classic pump-and-dump scheme.The strategy reportedly involved creating apparent selling pressure through deposits to attract short sellers, followed by aggressive spot buying. This maneuver triggered a violent short squeeze, significantly impacting the token's price due to its low circulating supply of approximately 23–25%.