RaveDAO ($RAVE) launched this week and immediately surged over 100% after listing on six major exchanges, including Gate, MEXC, LBank, and Binance Alpha.
[https://coinmarketcap.com/currencies/ravedao/](https://coinmarketcap.com/currencies/ravedao/)
What’s interesting is the angle: instead of infrastructure, RAVE is positioning itself around live music, ticketing, and fan engagement, tying Web3 directly to entertainment spending.
A big driver seems to be the ongoing Aster DEX rewards campaign ($200K incentives), which runs until Dec 26. Price already hit an ATH before pulling back \~40%, so profit-taking is clearly happening.
Curious how people here see it:
• Legit long-term entertainment play?
• Short-term incentive pump?
• Or just another branding-heavy launch?
Full analysis if helpful:
[https://dexwirenews.com/ravedao-rave-eth-soars-100-percent-major-exchanges-buy-december-2025/](https://dexwirenews.com/ravedao-rave-eth-soars-100-percent-major-exchanges-buy-december-2025/)
