The Trove project is interesting — with a market capitalization of only $950,000, investors participating in the new issuance have suffered losses of up to 95%. Such performance is indeed "excellent." From the data, the project's market performance and early participants' expected returns show a huge gap, reflecting that many new projects still face issues in liquidity and valuation management.
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FloorSweeper
· 11h ago
lol trove really said "let's match our market cap with investor losses" — chef's kiss execution honestly
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AirdropHunter
· 11h ago
95% loss... This is just the daily routine of new listings.
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TokenomicsShaman
· 11h ago
95% loss? Man, that's really bad. IPOs are not as good as just burning money directly.
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JustAnotherWallet
· 11h ago
95% loss? That's what they call "getting rich from IPOs," haha.
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DegenWhisperer
· 11h ago
95% loss? Isn't this just the daily routine of Web3 new launches? Should have gotten used to it long ago.
The Trove project is interesting — with a market capitalization of only $950,000, investors participating in the new issuance have suffered losses of up to 95%. Such performance is indeed "excellent." From the data, the project's market performance and early participants' expected returns show a huge gap, reflecting that many new projects still face issues in liquidity and valuation management.