🚨 Crypto Scam? Trove Raises $11.5M, Then Drops Hyperliquid Plans for Solana Launch ⚠️💥
Trove Markets claimed to be a Perp DEX for APAC traders — but reality tells a darker story 👇
🔻 $11.5M presale with no VCs, no product, no real users
🔻 At TGE, $TROVE supply inflated ~10x, market cap crashed from ~$20M to $1M in minutes
🔻 Insiders dumped, retail became exit liquidity
🧩 Multi-Stage Scam Playbook
1️⃣ Used Hyperliquid hype → quietly pivoted to Solana, dumped tokens
2️⃣ Paid KOLs shilled without disclosures
3️⃣ Manipulated Polymarket predictions → traders lost up to $73K
⚠️ Lesson:
No product + no users + rushed token launch = 🚩
Always verify on-chain data. Never trust hype alone.
#Web3Safety #AltcoinWarning #MarketRebound #WriteToEarnUpgrade #AltcoinETFsLaunch