The asset RaveDAO (RAVE) experienced a significant price collapse, falling over 80% in a 24-hour period from a high near $27.88 to approximately $4.17. This sharp decline followed an investigation by @zachxbt, which reportedly wiped out $15 billion in "fake value" associated with centralized exchange cartels. Visual data shows RAVE's market capitalization dropped significantly alongside its price, while also losing value relative to Bitcoin (BTC) and Ethereum (ETH).