Massive rug pull in crypto — $TROVE just got exposed hard.
Devs ran an ICO on Hyperliquid, smashed past their $2.5M target and raised over $11M. Then, without warning, they launched the token on Solana instead and kept all the funds — no refunds, nothing.
Token went live and immediately dumped 95% in minutes. FDV crashed from $20M to under $1M. Classic exit liquidity scam.
Worse: a bunch of big KOLs were paid to shill it without disclosure. @waleswoosh alone pocketed $8K for pumping it. ZachXBT dug up receipts showing ICO money funneled straight to casinos and Polymarket bets.
This is why presales are dangerous as hell. Always demand transparency on paid promotions. Undisclosed shilling can cost the community millions.
Stay safe out there, degens. Do your own research and never trust anonymous influencers blindly.

Hyperliquid Daily
@HYPERDailyTK
01-19
🤡 The Central Circus @TroveMarkets - Devs Showing Signs of SCAM
🔷 Built on Hyperliquid but Launching Token on Solana?
- They started with a testnet on HyperEVM and successfully drew in the community for the ICO, but then the Trove devs made this super confusing move:


This is exactly why presales without transparency are a minefield. $11M raised and then a chain‑switch rug is insane
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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