TROVE saw a brutal market debut today, cratering -90% within hours of launch. The presale had valued it at $20M FDV, but current trading sits around $2M FDV. A textbook case of post-launch momentum evaporating fast—investors dumping tokens right out of the gate. Classic rug territory or just typical presale-to-public slippage? Either way, it's a reminder that flashy launches don't guarantee holding power in this market.
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LiquidityNinja
· 11h ago
90% directly crashing down? This isn't a slide, it's pure bloodbath.
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BlockBargainHunter
· 11h ago
Another dream that feels illusory but results in real losses
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OnChainSleuth
· 11h ago
90% decline? That's hilarious, this is the real truth about presale.
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FUD_Whisperer
· 12h ago
I knew it earlier, the presale folks made a killing again
TROVE saw a brutal market debut today, cratering -90% within hours of launch. The presale had valued it at $20M FDV, but current trading sits around $2M FDV. A textbook case of post-launch momentum evaporating fast—investors dumping tokens right out of the gate. Classic rug territory or just typical presale-to-public slippage? Either way, it's a reminder that flashy launches don't guarantee holding power in this market.