TROVE token dropped 96% one hour after TGE, setting a certain kind of record. The project raised $9M with a valuation of only $700K — such a valuation essentially means the investors' funds are almost wiped out. This extreme case of project failure exposes the risks of certain TGE projects and serves as a warning to investors.

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DataBartender

· 01-22 19:57

A 96% drop? That's not even considered a failure; it's a direct career-ending move. Raising 9M with a valuation of 700K—how long would it take to break even? It's basically impossible to recover.

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HodlAndChill

· 01-22 14:45

A 96% drop in one hour? How devastating must that be? Raising 9M and then evaporating instantly—truly unbelievable.

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HappyToBeDumped

· 01-22 06:14

96%? Uh, isn't this another insider pump...

Raising 9 million with a valuation of 700K, how is that calculated? I'm a bit confused.

I've never even heard of the TROVE project before, wake up everyone.

Early-stage VCs have once again missed the mark, hilarious.

Is it really that easy to make money from TGE?

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CryptoMotivator

· 01-20 02:07

96% directly poured in, now that's a real blood bath, I'm laughing my ass off.

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RektRecorder

· 01-20 01:57

Haha, a 96% drop in one hour—now that's a real documentary scene.

Rong 9M valuation 700K? That's just insulting mathematics.

It's TGE again and a tragedy again. Well, my collection needs new material.

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WalletInspector

· 01-20 01:51

96%? Bro, you're directly dumping the market. The 9M funding is now 700K. No matter how you calculate it, it's a huge loss.

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BlockTalk

· 01-20 01:37

96% crash in one hour, this is really not investing, it's gambling

Financing of 9 million with a valuation of 700K, how huge is the discrepancy

Another textbook-level rug pull case, see you next time

TROVE this time is directly treating investors as cash machines

This is the real speed of bankruptcy, faster than delisted stocks

How can there still be people daring to chase this new coin, truly fearless

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