Trove Markets community members express outrage as the team decides to use raised funds for Solana development instead of Hyperliquid. Trove retains $9.4 million for a DEX on Solana, leading to demands for refunds from investors. TROVE token plummets by 95% to $0.0008 post-launch, causing market cap to drop below $1 million.

One entity receives 12% of TROVE token supply via 80 wallets funded from ChangeHero, but no evidence links them to Trove. Despite backlash, Trove affirms commitment to building and earning back trust through execution. Plans to focus perps trading on collectibles like Pokémon cards and Counter-Strike 2 skins, aiming for a $21.4 billion industry.

Critics slam Trove for mishandling ICO as TROVE token crashes post-launch. Trove faces scrutiny for reallocating funds from Hyperliquid to Solana development, resulting in investor refund demands. Bubblemaps data shows one entity acquiring significant token supply, but no direct link to Trove team found.

Read more at Cointelegraph: Trove Investors Furious After Team Keeps $9M and Token Tanks