📉 Rug projects are steadily eating away at investor trust.
Who would have thought that in 2026, a project's “whitepaper” could be part of the scam.
Recently,
$TROVE went live and in just a few hours its market cap dropped from $20 million to under $950k. The team sold $10 million worth of HYPE, delayed the ICO and then reversed the delay, and threw Polymarket predictions into chaos.
Worse, on-chain data shows angel round funds flowing straight into a casino. Nothing about this went right, the whole process was a mess.
This chaos highlights a few key risks that could affect anyone holding toke