Trove team member: Trove will migrate to Solana
Foresight News reported that unwise, a team member of the digital collectibles contract platform Trove, tweeted that Trove will migrate to Solana. "Given the recent market sentiment fluctuations towards Trove, our liquidity partner supporting the Hyperliquid path has chosen to close their position of 500,000 HYPE. This changes our constraints: we will no longer build based on Hyperliquid, so we are starting to rebuild the perp DEX on Solana."
According to Foresight News, some community users have questioned Trove as a scam project. Previously, on January 11, the team directly transferred $45,000 from the angel round financing into the prediction market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization
As concerns about Wall Street's massive returns on tech giants' artificial intelligence investments continue to intensify, Apple surpassed Nvidia on Friday to once again become the world's most valuable publicly traded company.
AI burning cash sparks credit risk concerns! S&P downgrades Meta (META.US) rating outlook to "negative," questioning its ability to monetize massive investments
S&P Global Ratings has revised Meta's credit rating outlook from “stable” to “negative,” citing the company's continued expansion of artificial intelligence (AI) capital expenditures, which has turned free cash flow negative. There remains uncertainty over whether these significant AI investments will generate sufficient returns in the coming years.
Prospect Ridge Raises $1.84 Million in Private Placement
Crypto prices
More
