Meme Coin Leader RAVE Makes a Comeback, All-Time High Price May Boost Market Rally

BlockBeats News, April 18th, according to market data, the meme coin leader RAVE surged again last night and this morning. At the time of writing, its spot price on major exchanges is $24.95, while the contract price is $24.87. On Binance, the funding rate is -0.05744% per hour, still significantly below the highest funding rate (-2% per hour).

However, it is worth noting that the trading volume of the token did not increase during this latest price surge, with Binance's 24-hour contract trading volume at $1.445 billion and the global spot trading volume at $292 million.

In addition, according to HTX market data, "Binance Life" broke through $0.4, also hitting a new high in this round of rebound. Other coins such as HIGH and RARE showed signs of a short-term surge this morning.

BlockBeats reminds users that the prices of these related tokens are highly volatile, and users should invest with caution.