Trove Faces Investor Backlash After Team Keeps $9M, Token Price Plummets
The crypto community is expressing strong disapproval of Trove following the team's decision to keep $9 million and a subsequent 95% price drop in its new token. According to reports, Trove surprised its initial backers with a last-minute pivot of its perpetuals decentralized exchange (DEX) from Hyperliquid to Solana. This development has reportedly upset many investors involved in the project.
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