🚨 TROVE token explosion! 97% crash, are you still watching? 💥
On January 20, Trove Market launched the
#Trove token, raising $11.5 million in pre-sale, but announced the abandonment of the Hyperliquid chain before the launch, causing community outrage 🔥. The ICO funds were supposed to build a DEX, but most went towards entertainment and KOL promotion, leaving the community completely confused.
The token crashed as soon as it hit Perp DEX: the fully diluted valuation plummeted from $20 million to $500,000 💀, the price dropped 28% within minutes, then slightly rebounded, but overall it remains dismal.
Early buyers suffered massive losses, with one person investing $20,000 and ending up with only $600 😢. Liquidity partners fled, funds flowed to casinos, and community confidence has declined—TROVE is truly a ticking time bomb 💣. The risk of continued decline in the short term is high, but if the team rebuilds trust, a target of $0.001 is still possible.
#加密市场观察