The Trove Markets project decided to withhold $9.4 million from the token sale, refusing to integrate with Hyperliquid and switching to Solana before the token launch.
🤑 The team stated that the funds will be used to develop a derivative DEX on Solana, but investors are demanding a refund.
The situation was worsened by the collapse of the TROVE token: the price dropped more than 95%, and the market capitalization decreased from $20 million to less than $1 million.
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🔈 Trove under fire from critics
The Trove Markets project decided to withhold $9.4 million from the token sale, refusing to integrate with Hyperliquid and switching to Solana before the token launch.
🤑 The team stated that the funds will be used to develop a derivative DEX on Solana, but investors are demanding a refund.
The situation was worsened by the collapse of the TROVE token: the price dropped more than 95%, and the market capitalization decreased from $20 million to less than $1 million.