According to Foresight News , GMGN data shows that TROVE's market capitalization is currently $950,000, a 97.19% drop in the last 24 hours. Previously, its FDV (Funds Deposit Volume) was set at $20 million during its fundraising.
According to a previous Foresight News report, unwise, a member of the Trove team, tweeted that Trove will be migrating to Solana. "Given the recent market volatility surrounding Trove, our liquidity partner supporting the Hyperliquid path has chosen to close their 500,000 HYPE position. This changes our constraints: we are no longer building on Hyperliquid, so we are starting to rebuild the perp DEX on Solana." Additionally, the team transferred $45,000 from their angel round funding directly into prediction markets on January 11th.
