BREAKING: RaveDAO Surges 28% to $22.1, Market Cap Hits $5.4 Billion
RaveDAO (RAVE) has experienced explosive growth, surging 28.2% in the past 24 hours to reach $22.10 as of April 17, 2026, according to market data.
The token’s market capitalization now stands at $5.48 billion, representing a 24-hour increase of $1.22 billion (28.7%). This performance has pushed RaveDAO to rank #24 among all cryptocurrencies by market cap.
Price Performance Details
RaveDAO’s price action shows remarkable momentum across multiple timeframes:
- 24-hour range: $16.55 (low) to $22.06 (high)
- 24-hour gain: $4.87 (+28.2%)
- 7-day gain: +1,300%
- 30-day gain: +8,964%
- 1-hour gain: +1.49%
The current price of $22.10 sits just 0.63% below the token’s all-time high of $21.96, which was recorded on April 17, 2026. This represents a dramatic recovery from the all-time low of $0.206 set on March 12, 2026 – a gain of more than 10,400%.
Trading Volume and Supply Metrics
Trading volume for RAVE reached $263.1 million in the past 24 hours, indicating strong market interest and liquidity. The token has a circulating supply of 248 million RAVE out of a maximum supply of 1 billion tokens, representing approximately 24.8% of the total supply currently in circulation.
The fully diluted valuation – which assumes all 1 billion tokens are in circulation – stands at $22.08 billion, suggesting significant potential supply overhang as more tokens enter circulation.
Market Context
The extraordinary 30-day gain of nearly 9,000% indicates RaveDAO has experienced one of the most dramatic price rallies in the cryptocurrency market this year. The sustained momentum across hourly, daily, weekly, and monthly timeframes suggests strong buying pressure continues to drive the token higher.
With the price hovering near all-time highs and maintaining upward momentum, traders are closely watching whether RAVE can break above its previous peak and establish new price discovery levels.
This is a developing story. Market data current as of April 17, 2026, 23:59 UTC.
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