$RAIN first collapsed ~99.99%โฆ then pumped +19,000% in 7 months
One of the wildest reversals in crypto history ๐
๐ฐ #RAIN is a example of extreme crypto reflexivity
๐น Initial collapse: ~99.99% drawdown
๐น Then a +19,000% rally in ~7 months
๐น Still ~98.7% below ATH
Few assets survive that kind of whiplash.
Letโs break down why โฌ๏ธ
๐ฐ What is Rain Protocol?
A permissionless prediction markets protocol on Arbitrum
Think: Uniswap for prediction markets
Anyone can create markets on:
Politics
Sports
Economics
Crypto
Anything
๐ฐ How does resolution work?
Rain uses three layers:
๐ Delphi โ AI oracle
๐ Lex โ AI judge
๐ Humans โ final arbitration
Once funds are in, no refunds
Innovative but risky.
๐ฐ Why does the $RAIN token Matter?
Because $RAIN = access
It controls:
๐ธTrading Power (how much capital you can use)
๐ธ Governance votes
๐ธ Protocol incentives
More $RAIN = more usable capital
(Not leverage, access)
๐ฐ Tokenomics (pay attention here )
๐ธ Supply: ~1.15 trillion
๐ธ No hard cap โ
Fees:
๐ธ 5% per market
๐ธ 2.5% buyback & burn
๐ธ 2.5% rewards
BUT ๐
๐ฐ $RAIN is not purely deflationary
10% of burned tokens are re-minted
โ sent to the foundation
Meaning:
โก๏ธ High volume = deflation
โก๏ธ Low volume = inflation
This matters long term.
๐ฐ So what triggered the +19,000% pump?
Enlivex Therapeutics (NASDAQ: ENLV)
๐ $212M private placement
๐ Adopted $RAIN as a treasury asset
๐ First public company to do so
๐ Matteo Renzi joined the board
Narrative shock = explosive repricing.
๐ฐ Important clarification
This was:
โ Not VC funding
โ Not protocol revenue
โ Not equity backing
It was treasury accumulation
Big difference.
๐ฐ Price context
๐น Year-start low: $0.000045
๐น ATH: $0.6148
๐น From low โ ATH: +1,366,000%
๐น From ATH โ now: ~-98.7%
Volatility on steroids.
๐ฐ Team & backers transparency?
Hereโs the concern ๐
๐ธ Team largely anonymous
๐ธ No Tier-1 VC disclosed
๐ธ No public leadership
Audited? Yes.
Institutional-grade transparency? No.
๐ฐ Competitive reality
Polymarket:
๐น $1B+ daily volume
๐น Wall Street backing
Kalshi:
๐น CFTC-approved
๐น a16z + Sequoia
Rain:
๐น ~$25M volume
๐น Permissionless
๐น Out-resourced
๐ฐ Risks you canโt ignore
โช๏ธ Token concentration
โช๏ธ Regulatory pressure
โช๏ธ Reliance on Enlivex narrative
โช๏ธ No Tier-1 exchange listings
โช๏ธ Thin exit liquidity
โช๏ธ Oracle attack surface
High upside = high risk.
๐ฐ Bull case
๐ธ Prediction markets go mainstream
๐ธ Rain captures permissionless niches
๐ธ Volume sustains burn
๐ธ More treasuries adopt $RAIN
Possible but not guaranteed.
๐ฐ Bear case
โช๏ธ Volume fades
โช๏ธ Inflation dominates
โช๏ธ Regulation tightens
โช๏ธ Treasury demand slows
โช๏ธ Price mean-reverts
Also very possible.
Final takeaway
$RAIN didnโt prove fundamentals.
It proved:
๐ Narratives move markets
๐ Low float magnifies moves
๐ One buyer can reprice everything
$RAIN = high-beta speculation, not a blue chip.
๐ฐ Lesson for crypto investors:
Donโt chase pumps
Respect drawdowns
Price โ Adoption
Rain is a reminder: Survival โ sustainability
๐ RT if this helped
โค๏ธ Like if you want a Rain vs Polymarket breakdown
๐ฌ Comment if you think $RAIN survives long term
