TROVE token dropped 96% one hour after TGE, setting a certain kind of record. The project raised $9M with a valuation of only $700K — such a valuation essentially means the investors' funds are almost wiped out. This extreme case of project failure exposes the risks of certain TGE projects and serves as a warning to investors.
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CryptoMotivator
· 16h ago
96% directly poured in, now that's a real blood bath, I'm laughing my ass off.
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RektRecorder
· 16h ago
Haha, a 96% drop in one hour—now that's a real documentary scene.
Rong 9M valuation 700K? That's just insulting mathematics.
It's TGE again and a tragedy again. Well, my collection needs new material.
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WalletInspector
· 17h ago
96%? Bro, you're directly dumping the market. The 9M funding is now 700K. No matter how you calculate it, it's a huge loss.
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BlockTalk
· 17h ago
96% crash in one hour, this is really not investing, it's gambling
Financing of 9 million with a valuation of 700K, how huge is the discrepancy
Another textbook-level rug pull case, see you next time
TROVE this time is directly treating investors as cash machines
This is the real speed of bankruptcy, faster than delisted stocks
How can there still be people daring to chase this new coin, truly fearless
TROVE token dropped 96% one hour after TGE, setting a certain kind of record. The project raised $9M with a valuation of only $700K — such a valuation essentially means the investors' funds are almost wiped out. This extreme case of project failure exposes the risks of certain TGE projects and serves as a warning to investors.