The first round of funding for the Trove project has been finalized. The total amount raised reached $11.937 million, with an oversubscription multiple of approximately 4.8 times, showing significant enthusiasm. Notably, the project team had considered extending the new issuance window, but ultimately decided against it—this ensures that participants' shares will not be excessively diluted due to quota expansion. Refund arrangements for the oversubscribed portion will be completed before TGE, with token release starting at 1:00 AM Beijing time on January 21. This timing is somewhat tight, so investors should pay attention to relevant notifications to confirm in a timely manner.
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MemecoinTrader
· 01-12 05:48
ngl the 4.8x oversubscription is classic pre-pump narrative engineering. they didn't extend the window? smart move for optics, but we all know it's just controlling the dilution timeline. real alpha is watching who dumps on jan 21st at 1am utc+8.
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LoneValidator
· 01-12 05:47
4.8x oversubscription, this level of popularity is truly unmatched
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ser_ngmi
· 01-12 05:44
$11.93 million oversubscribed by 4.8 times, Trove's popularity is really real
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MoonRocketTeam
· 01-12 05:39
4.8x oversubscription, this wave of Trove definitely has some substance, but not extending the window is truly considerate.
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TGE at 1 a.m.? Astronauts, remember to set alarms and don't sleep through the supply burn.
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I give full marks for no dilution of shares; finally seeing some conscience from the project team.
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Only $11.937 million in funding with this level of enthusiasm? The booster’s fuel still seems sufficient; let’s see if the trajectory can break through.
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Notifying only a day before refunds? That schedule is a bit tight; it's better to send notifications earlier to avoid issues.
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A 4.8x oversubscription shows there is real demand in the market; now it depends on whether the subsequent support can hold this valuation.
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Not extending the new issue window actually scores points, indicating the operational team is still clear-headed.
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TGE timing is so tightly scheduled, it feels like a reaction speed game with us.
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Based on this funding scale and subscription multiple, Trove has indeed gained some popularity in the community.
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The key is whether the token will drop immediately after release; it’s still too early to say anything now.
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notSatoshi1971
· 01-12 05:32
4.8x oversubscription, this level of enthusiasm is indeed impressive.
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AirdropCollector
· 01-12 05:28
4.8x oversubscription, how high is this enthusiasm?
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Not extending the window was indeed a prudent move to avoid severe dilution.
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Releasing at 1 AM? Who would stay awake in the middle of the night watching the market...
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Such a rush to refund, afraid someone might change their mind?
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$11.937 million raised, Trove's funding round went quite well.
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Just worried that the token price might plummet on TGE day, and everyone will regret it.
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NftDeepBreather
· 01-12 05:25
4.8x oversubscription, this buzz is really hot to handle
The first round of funding for the Trove project has been finalized. The total amount raised reached $11.937 million, with an oversubscription multiple of approximately 4.8 times, showing significant enthusiasm. Notably, the project team had considered extending the new issuance window, but ultimately decided against it—this ensures that participants' shares will not be excessively diluted due to quota expansion. Refund arrangements for the oversubscribed portion will be completed before TGE, with token release starting at 1:00 AM Beijing time on January 21. This timing is somewhat tight, so investors should pay attention to relevant notifications to confirm in a timely manner.