There are some serious concerns worth examining about Trove's market history. The project's initial fundraising is reported to have relied on artificially inflated trading volumes, and there are allegations of market manipulation surrounding their presence on prediction platforms. Additionally, questions have been raised about whether key opinion leaders promoting the project during early stages received compensation from the angel round, creating potential conflicts of interest. Before committing capital or participation, investors should conduct thorough due diligence on these operational practices and token economics. Ultimately, each person bears responsibility for their own investment decisions.
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ponzi_poet
· 4h ago
It's another story of "doing your homework before investing"... Trove's situation is indeed a bit messy.
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MechanicalMartel
· 4h ago
It's the same old false trading volume again. Trove's situation is a bit uncertain this time.
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LayerZeroJunkie
· 4h ago
Trove, huh... To be honest, I've felt something was off for a long time. Fake trading volume is such an old trick.
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That wave of KOLs really annoyed me. They secretly took the money and pretended to be innocent in their recommendations. Truly despicable.
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Due diligence? Most people had already gone all-in by the time these things are discussed. It's a bit late now.
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Market manipulation is a common occurrence in the crypto world. It all depends on who gets caught.
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Once the compensation relationship in the angel round is exposed, the entire story collapses.
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RektRecovery
· 4h ago
lmao trove hitting all the classic red flags - inflated volumes, prediction market shenanigans, kols getting paid under the table... i warned about this exploit pattern months ago tbh
There are some serious concerns worth examining about Trove's market history. The project's initial fundraising is reported to have relied on artificially inflated trading volumes, and there are allegations of market manipulation surrounding their presence on prediction platforms. Additionally, questions have been raised about whether key opinion leaders promoting the project during early stages received compensation from the angel round, creating potential conflicts of interest. Before committing capital or participation, investors should conduct thorough due diligence on these operational practices and token economics. Ultimately, each person bears responsibility for their own investment decisions.