<p>1 月 20 日，加密市场震惊于 Trove Market 推出其本地代币 TROVE。</p>
<p>在推出之前，Trove Market 因团队宣布将放弃 Hyperliquid LI 区块链而遭遇社区的强烈反对。</p>
<p>这对其与投资者之间的社会契约造成了重大违约，此前该项目在 ICO 预售中筹集了 1150 万美元，为艰难的推出奠定了基础。</p>
<h2>Trove Market 被指控进行拉地毯</h2>
<p>TROVE 代币在 Trove 的 Perp DEX 上推出，完全稀释估值为 2000 万美元。推出后不久，代币的 FVD 暴跌 97.5%，降至 50 万美元，然后在报道时略微回升至 72.28 万美元。</p>
<p>与此同时，其市值从 61.2 万美元降至 51.2 万美元，损失近 10 万美元，表明资金外流。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/trove-price-charts.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/trove-price-charts.jpeg"/></p>
<p>来源：CoinGecko</p>
<p>TROVE 代币上线后不久，价格在几分钟内暴跌 28%，从 0.0006 美元降至 0.00043 美元，然后尝试反弹。</p>
<p>此后，山寨币价格上涨至 0.00078 美元，随后略微回落至 0.00072 美元，标志着日内上涨 18%。</p>
<h2>TROVE 注定要失败的原因</h2>
<p>为了准备代币的推出，开发者在 Hyperliquid 上进行了 ICO。团队成功超越了 250 万美元的目标，筹集了超过 1150 万美元。</p>
<p>在筹集到这些资金后，团队宣布将保留 930 万美元用于建设其基于 Solana 的 Perp DEX。这一举动被视为第一个红旗，团队遭遇了激烈的社区反对。</p>
<p>更糟糕的是，社区指控 Trove Market 支付 KOL 进行推广，资金流向娱乐地址。</p>
<p>根据 Hyperliquid Daily，waleswoosh 单独获得了 8000 美元用于推动和推广该代币。ZachXBT 挖掘出收据，显示 ICO 资金直接流向赌场和 Polymarket 的赌注。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/liquidity-provider.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/liquidity-provider.jpeg"/></p>
<p>来源：Hyperscan</p>
<p>最后一根稻草是所谓的流动性提供者。几天前，一位关键流动性合作伙伴对该项目失去了信心，清算了价值约 1290 万美元的 50 万 HYPE。</p>
<p>出售这些 Hype 代币的决定有效地从 Trove 的运营需求中抽走了资金，迫使团队寻求其他支持。</p>
<p>综合这些因素，TROVE 代币如同一颗定时炸弹，推出验证了社区的担忧。</p>
<h2>TROVE 会面临更多损失吗？</h2>
<p>由于负面情绪在代币推出之前就已占据主导地位，TROVE 暴跌。因此，早期买家急于抛售，担心进一步损失。</p>
<p>尽管如此，大多数预售买家记录了巨额损失。例如，一位早期买家表示，他的 2 万美元投资本应产生 1.4 万美元的 USDC 和 6 千美元的 TROVE。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/earlier-buyer.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/earlier-buyer.png"/></p>
<p>来源：Fantardio 在 X 上</p>
<p>然而，买家只收到了 600 美元，指责代币的 GIGA 暴跌。随着市场情绪更加悲观，TROVE 面临进一步损失的风险。</p>
<p>如果当前情绪持续，代币将暴跌至 0.0004 美元。然而，如果团队能够恢复社区信心，0.001 美元是可以达到的。</p>
<hr/>
<h2>最终思考</h2>
<ul>
<li><em>Trove Market 被指控进行拉地毯，紧随其后的是 TROVE 代币在 Solana Perp DEX 上的有争议的推出。</em></li>
<li><em>TROVE FVD 从 2000 万美元下降 97.5% 至 50 万美元，警告流动性退出。</em></li>
</ul>

<p>在 1 月 20 日，Trove Market 推出了其 TROVE 代币，在首次代币发行（ICO）预售中筹集了 1150 万美元。然而，代币的推出受到 “拉地毯” 指控的困扰，因为代币的价值在推出后迅速暴跌 97.5%。市值大幅下降，社区的反对声浪加剧，原因是团队决定保留 930 万美元用于开发。管理不善和流动性问题的指控进一步加剧了负面情绪，导致投资者对持续亏损的担忧。该代币的未来仍然不确定，如果信心得不到恢复，可能会进一步下跌</p>

<p>On the 20th of January, the crypto market was stunned when Trove Market launched its native token, TROVE.</p>
<div class="lb-trans"><p>1 月 20 日，加密市场震惊于 Trove Market 推出其本地代币 TROVE。</p>
</div><p>Prior to the launch, Trove Market had faced community backlash after the team announced it would abandon the Hyperliquid LI blockchain.</p>
<div class="lb-trans"><p>在推出之前，Trove Market 因团队宣布将放弃 Hyperliquid LI 区块链而遭遇社区的强烈反对。</p>
</div><p>This was a massive breach of its social contracts with investors after raising $11.5 million in an ICO presale, setting the ground for a rough launch.</p>
<div class="lb-trans"><p>这对其与投资者之间的社会契约造成了重大违约，此前该项目在 ICO 预售中筹集了 1150 万美元，为艰难的推出奠定了基础。</p>
</div><h2>Trove market accused of rug pull</h2>
<div class="lb-trans"><h2>Trove Market 被指控进行拉地毯</h2>
</div><p>The TROVE token launched on Trove’s Perp DEX, with a fully diluted valuation of $20 million. Shortly after launch, the token’s FVD plummeted 97.5% to $500k, then rose slightly to $722.8k at press time.</p>
<div class="lb-trans"><p>TROVE 代币在 Trove 的 Perp DEX 上推出，完全稀释估值为 2000 万美元。推出后不久，代币的 FVD 暴跌 97.5%，降至 50 万美元，然后在报道时略微回升至 72.28 万美元。</p>
</div><p>At the same time, its market cap dropped from $612k to $512k, a loss of nearly $100k, indicating capital outflows.</p>
<div class="lb-trans"><p>与此同时，其市值从 61.2 万美元降至 51.2 万美元，损失近 10 万美元，表明资金外流。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/trove-price-charts.jpeg" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/trove-price-charts.jpeg"/></p>
<p>Source: CoinGecko</p>
<div class="lb-trans"><p>来源：CoinGecko</p>
</div><p>Soon after the TROVE token went live, it dumped 28% in minutes from $0.0006 to $0.00043 before attempting a recovery.</p>
<div class="lb-trans"><p>TROVE 代币上线后不久，价格在几分钟内暴跌 28%，从 0.0006 美元降至 0.00043 美元，然后尝试反弹。</p>
</div><p>Since then, the altcoin price rose to $0.00078 before slightly retracing to $0.00072, marking an 18% rise on the daily timeframe.</p>
<div class="lb-trans"><p>此后，山寨币价格上涨至 0.00078 美元，随后略微回落至 0.00072 美元，标志着日内上涨 18%。</p>
</div><h2>Reasons why TROVE was doomed to fail</h2>
<div class="lb-trans"><h2>TROVE 注定要失败的原因</h2>
</div><p>In preparation for the token launch, developers ran an ICO on Hyperliquid. The team managed to surpass its $2.5 million target and raised over $11.5 million.</p>
<div class="lb-trans"><p>为了准备代币的推出，开发者在 Hyperliquid 上进行了 ICO。团队成功超越了 250 万美元的目标，筹集了超过 1150 万美元。</p>
</div><p>After raising these funds, the team announced it will keep $9.3 million to build its Solana-based Perp DEX. The move was perceived as the first red flag, and the team faced fierce community backlash.</p>
<div class="lb-trans"><p>在筹集到这些资金后，团队宣布将保留 930 万美元用于建设其基于 Solana 的 Perp DEX。这一举动被视为第一个红旗，团队遭遇了激烈的社区反对。</p>
</div><p>Even worse, the community accused Trove Market of paying KOLs for promotion, with funds flowing to entertainment addresses.</p>
<div class="lb-trans"><p>更糟糕的是，社区指控 Trove Market 支付 KOL 进行推广，资金流向娱乐地址。</p>
</div><p>According to Hyperliquid Daily, waleswoosh alone pocketed $8K for pumping and promoting the token.ZachXBT dug up receipts showing ICO money funneled straight to casinos and Polymarket bets.</p>
<div class="lb-trans"><p>根据 Hyperliquid Daily，waleswoosh 单独获得了 8000 美元用于推动和推广该代币。ZachXBT 挖掘出收据，显示 ICO 资金直接流向赌场和 Polymarket 的赌注。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/liquidity-provider.jpeg" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/liquidity-provider.jpeg"/></p>
<p>Source: Hyperscan</p>
<div class="lb-trans"><p>来源：Hyperscan</p>
</div><p>The last nail in the coffin was driven by the alleged liquidity provider. Days ago, a key liquidity partner lost confidence in the project and liquidated 500k HYPE worth approximately $12.9 million.</p>
<div class="lb-trans"><p>最后一根稻草是所谓的流动性提供者。几天前，一位关键流动性合作伙伴对该项目失去了信心，清算了价值约 1290 万美元的 50 万 HYPE。</p>
</div><p>The decision to sell these Hype tokens effectively pulled the rug from under Trove’s operational requirements, forcing the team to seek support elsewhere.</p>
<div class="lb-trans"><p>出售这些 Hype 代币的决定有效地从 Trove 的运营需求中抽走了资金，迫使团队寻求其他支持。</p>
</div><p>With these factors combined, the TROVE token sat as a ticking time bomb, and the launch validated the community’s fears.</p>
<div class="lb-trans"><p>综合这些因素，TROVE 代币如同一颗定时炸弹，推出验证了社区的担忧。</p>
</div><h2>Will TROVE see more losses?</h2>
<div class="lb-trans"><h2>TROVE 会面临更多损失吗？</h2>
</div><p>TROVE plummeted as negative sentiment had taken hold even before the token launch. As such, earlier buyers rushed to dump, fearing making more losses.</p>
<div class="lb-trans"><p>由于负面情绪在代币推出之前就已占据主导地位，TROVE 暴跌。因此，早期买家急于抛售，担心进一步损失。</p>
</div><p>Despite that, most of the presale buyers recorded massive losses. For instance, an earlier buyer argued that his $20k investment should have resulted in $14k in USDC and $6k in TROVE.</p>
<div class="lb-trans"><p>尽管如此，大多数预售买家记录了巨额损失。例如，一位早期买家表示，他的 2 万美元投资本应产生 1.4 万美元的 USDC 和 6 千美元的 TROVE。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/earlier-buyer.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/earlier-buyer.png"/></p>
<p>Source: Fantardio on X</p>
<div class="lb-trans"><p>来源：Fantardio 在 X 上</p>
</div><p>However, the buyers received $600, blaming the token’s GIGA nuking. With market sentiment even more bearish, TROVE is at risk of further losses.</p>
<div class="lb-trans"><p>然而，买家只收到了 600 美元，指责代币的 GIGA 暴跌。随着市场情绪更加悲观，TROVE 面临进一步损失的风险。</p>
</div><p>If current sentiment persists, the token will plummet to $0.0004. However, if the team can manage to restore community confidence, $0.001 is within reach.</p>
<div class="lb-trans"><p>如果当前情绪持续，代币将暴跌至 0.0004 美元。然而，如果团队能够恢复社区信心，0.001 美元是可以达到的。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2>Final Thoughts</h2>
<div class="lb-trans"><h2>最终思考</h2>
</div><ul>
<li><em>Trove Market is accused of a rug pull, following a contentious launch of the TROVE token on Solana Perp DEX.</em></li>
<li><em>TROVE FVD dropped 97.5% from $20 million to $500k, warning of liquidity exit.</em></li>
</ul>
<div class="lb-trans"><ul>
<li><em>Trove Market 被指控进行拉地毯，紧随其后的是 TROVE 代币在 Solana Perp DEX 上的有争议的推出。</em></li>
<li><em>TROVE FVD 从 2000 万美元下降 97.5% 至 50 万美元，警告流动性退出。</em></li>
</ul>
</div>

TROVE token’s 97% wipeout: From $11.5 mln presale to rug-pull accusations

- Trove Market 于 1 月 20 日推出其代币 TROVE，遭社区强烈反对。  
- 发售前团队宣布放弃 Hyperliquid LI 区块链，ICO 募资 1150 万美元后引发信任危机。  
- TROVE 代币首次上市后价格暴跌 97.5%，社区恐慌抛售，流动性风险显著。

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TROVE 代币价值蒸发 97%：从 1150 万美元的预售到被指控为 “地毯式骗局”