ZachXBT cảnh báo về các rủi ro của Rain Protocol, đề nghị tránh sử dụng token RAIN

The Huoxing Finance report states that on June 5, on-chain detective ZachXBT issued a community alert advising users to avoid Rain Protocol (RAIN) at all costs. He noted that while RAIN currently has a market cap of approximately $8.8 billion and ranks among the top 15, as a prediction market, it has few users, limited product traction, and lacks notable supporters; the team also has no verifiable track record in the crypto industry. After tracing RAIN’s on-chain addresses, ZachXBT found that the funding sources are linked to the Gems hot wallet and CEX deposit addresses, which previously transferred funds for failed projects such as Data Ownership Protocol (DOP) and TOMI, suggesting potential overlap among these teams. ZachXBT also indicated that RAIN’s price appears to show signs of on-chain manipulation: related addresses are connected to the Uni V3 LP and deployer, while spot transfers are obfuscated via the Gems hot wallet. He noted that RAIN owns a DAT named Enlivex, a Nasdaq-listed company that announced a $212 million treasury strategy in November 2025; however, compared to prediction market platforms like Kalshi or Polymarket, RAIN lacks comparable metrics to justify such scale. According to DeFiLlama data, RAIN’s TVL on Arbitrum is $27.2 million, but ZachXBT stated this TVL consists entirely of illiquid native tokens with annualized fees of approximately $1 million. ZachXBT pointed out that TOMI, DOP, and Sirin Labs can all be traced back to Israeli controversial founder Moshe Hogeg, who was detained in 2021 for fraud and in 2023 was accused by law enforcement of involvement in a $290 million crypto fraud scheme, alongside multiple lawsuits from former business partners and employees. He expressed concern over the recent trend of aggressive price manipulation by projects without accountability and advised against trading such tokens under any circumstances.