Trove was originally positioned as a derivatives DEX platform, focusing on trading perpetual contracts for non-liquid assets such as Pokémon cards and CSGO skins. The project once announced that it would debut on HyperEVM to gain more exposure.
The fundraising phase performed well—successfully raising $11.5 million during the ICO from January 8 to 11. However, the market reaction was another story: the team subsequently cleared the Hype tokens obtained from LPs on the secondary market and announced a migration to the Solana ecosystem.
This series of actions exposed the project's wavering in chain selection, market positioning, or ecosystem support. The jump from HyperEVM to Solana not only reflects differences in market liquidity but also raises questions about the project's true intentions. Rapid capital outflows and quick chain switches—such signals warrant attention.
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SoliditySlayer
· 16h ago
It's the same old trick again, raising 11.5 million and then running away to liquidate everything. I really can't take it anymore.
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IfIWereOnChain
· 16h ago
Raising 11.5 million and then running away, can it get any more reckless... HyperEVM's move from Solana really treats investors like fools.
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CodeSmellHunter
· 16h ago
Typical rug pull warning signs: after raising funds, immediately running away and switching chains. I'm tired of this tactic.
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CryptoCrazyGF
· 16h ago
Another rug-pulling script, it really cracked me up.
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TokenToaster
· 16h ago
It's the same old trick again, same during fundraising, and then switching to another chain after launch. Truly impressive.
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MetaverseHomeless
· 16h ago
This is a typical rug pull scheme. After raising funds through an ICO, they immediately run away, and they still have the nerve to switch chains... I can see very clearly when the team dumps the hype tokens.
Trove was originally positioned as a derivatives DEX platform, focusing on trading perpetual contracts for non-liquid assets such as Pokémon cards and CSGO skins. The project once announced that it would debut on HyperEVM to gain more exposure.
The fundraising phase performed well—successfully raising $11.5 million during the ICO from January 8 to 11. However, the market reaction was another story: the team subsequently cleared the Hype tokens obtained from LPs on the secondary market and announced a migration to the Solana ecosystem.
This series of actions exposed the project's wavering in chain selection, market positioning, or ecosystem support. The jump from HyperEVM to Solana not only reflects differences in market liquidity but also raises questions about the project's true intentions. Rapid capital outflows and quick chain switches—such signals warrant attention.