I've seen many top KOLs follow Trove Markets, and I also had a moment of impulse at the time, but in the end, I held back. Recently, I re-examined the entire incident and realized that this is not just a product execution failure but a very typical case of trust collapse.

The real dividing line was the moment the project team embezzled funds to go to a casino. From that moment on, all promises and prospects changed fundamentally. This is no longer about technical iteration falling short of expectations or market competition pressure, but about the fundamental principles of fund usage being broken.

Seeing so many smart voices involved, it ironically highlights a phenomenon: hype and participation often mask the scrutiny of a project's fundamentals. When problems erupt, rebuilding trust is almost impossible. This is also why in the crypto market, calmly saying No is sometimes more challenging than following the crowd and saying Yes.