Red flags in our research on Rain: 5. Read them before anything else.

Rain price

$0.0115 last daily close, 6 October 2026 RAIN PRO Pro Listed on: BingX · MEXC · Toobit +5

Build my plan

Rain price history

Actual price

No published forecast yet

No model run has been published for this asset yet. The price and exchanges below are real and current.

Rain: the case for and against

What our documented research establishes about the project itself, with its sources. It is an assessment of the project, not the reason behind the number: the price model reads price series only.

Rain Protocol (RAIN) shows severe indicators of market manipulation and elevated risk of fraud. In June 2026, on-chain investigator ZachXBT issued a public warning advising investors to avoid Rain Protocol 'at all costs.' His investigation traced RAIN's deployer and funding wallets directly to previous failed or controversial projects (TOMI, DOP, Sirin Labs) linked to Moshe Hogeg, who faced law enforcement accusations in a $290 million crypto fraud scheme.

Strengths

RAIN is listed for trading across central exchanges including Gate, MEXC, and KuCoin. — no verifiable source

Risks

On-chain analysis linked RAIN team addresses and funding sources to previous controversial projects (TOMI, Data Ownership Protocol, Sirin Labs) associated with Moshe Hogeg, who was investigated and charged over an alleged $290 million crypto fraud. — no verifiable source

The project's reported $27.2 million TVL consists almost entirely of its own illiquid native token rather than external asset deposits. — no verifiable source

Prominent blockchain sleuth ZachXBT issued a public warning advising investors to avoid Rain Protocol at all costs due to extreme red flags and lack of fundamental traction. — no verifiable source

Red flags

Direct on-chain wallet and funding links to networks associated with serial crypto fraud allegations (Moshe Hogeg, TOMI, DOP, Sirin Labs).

Evidence of deployer-controlled liquidity manipulation and wash trading on Uniswap V3 and CEX deposit addresses.

Multi-billion dollar market capitalization disconnected from organic user adoption and revenue.

Total Value Locked consisting almost entirely of the protocol's own illiquid native token.

Explicit alert from major on-chain investigator ZachXBT warning investors to avoid the project.

Research: trust review · gemini-3.6-flash · 2026-08-10

Exchanges

Where it trades

BingXtrust 8/10

MEXCtrust 10/10

Toobittrust 9/10

KuCointrust 9/10

WhiteBITtrust 9/10