TROVE tokens rapidly went to zero after TGE, setting the record for the fastest project collapse in cryptocurrency history.

The data is shocking: the token price dropped 95% within the first hour, with market capitalization plummeting from $20 million to less than $1 million, all within a single candlestick.

The reasons behind this are actually not complicated. First, the project set 100% token unlock at launch, meaning all liquidity restrictions were fully released. More importantly, the market makers had already prepared ample token exit liquidity, so when investors rushed in, they faced an already set escape route.

The project team never intended for long-term operation. Fully unlocked + ready exit channels = a trap pre-laid by institutions. Cases like this happen every month, and newcomers need to learn their lessons: projects that unlock immediately upon launch and have abundant liquidity carry extremely high risks. Before participating, one must thoroughly study the tokenomics and unlock schedule, and never be blinded by early gains.