BREAKING: RaveDAO Crashes 33% to $11.45 in Major Crypto Selloff
RaveDAO (RAVE) experienced a dramatic 33.2% price crash on April 18, 2026, plunging to $11.45 after hitting an all-time high of $27.88 earlier in the day.
The sharp decline has erased approximately $1.3 billion from RaveDAO’s market capitalization, which now stands at $2.92 billion, down from over $4.2 billion at its peak. The token is currently ranked #35 by market cap.
Massive Intraday Volatility
RaveDAO reached its all-time high of $27.88 at approximately 1:40 AM UTC on April 18, according to market data. The token has since fallen 56.5% from that peak, with a 24-hour low of $9.46 recorded during the selloff.
Trading volume surged to $388.5 million as the crash unfolded, indicating heavy selling pressure across exchanges. The 24-hour price range of $9.46 to $27.88 represents nearly 195% volatility, one of the most extreme moves in the cryptocurrency market today.
Recent Performance Context
Despite today’s sharp decline, RaveDAO remains up significantly over longer timeframes. The token has gained 451% over the past 7 days and an extraordinary 4,374% over the past 30 days, suggesting the recent rally may have been unsustainable.
The token showed a brief recovery of 21% in the past hour, climbing from its $9.46 low, but remains well below its earlier highs.
Supply Metrics
RaveDAO has a circulating supply of 248 million tokens out of a maximum supply of 1 billion, representing approximately 24.8% of total supply currently in circulation. The fully diluted valuation stands at $11.76 billion.
The token launched in mid-March 2026, with an all-time low of $0.206 recorded on March 12, making today’s price still 5,678% above that bottom despite the crash.
Market analysts will be closely monitoring whether RaveDAO can stabilize above the $10 level or if further downside pressure continues. No official statement has been released by the RaveDAO team regarding the price action at the time of publication.
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