2026-01-20 02:27:28

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.

HYPE-0,2%

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PretendingToReadDocs

· 01-23 01:07

It's the same old trick... Promising everything during fundraising, then running to Solana? Emptying the LP tokens is really outrageous.

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LeverageAddict

· 01-22 07:48

A typical exit scam script, raising funds and then immediately running away to switch chains. I've smelled this kind of smell too many times.

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ChainDetective

· 01-22 04:49

A typical "run after raising funds" script—clearing the LP tokens and directly switching chains... I've seen this tactic way too many times.

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liquiditea_sipper

· 01-21 17:53

It's the same old trick of liquidating and fleeing, ICO bloodsucking and then jumping ship. This move is absolutely brilliant.

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SoliditySlayer

· 01-20 02:57

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

· 01-20 02:57

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

· 01-20 02:50

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

· 01-20 02:49

Another rug-pulling script, it really cracked me up.

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TokenToaster

· 01-20 02:32

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

· 01-20 02:28

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.

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