Trove Markets ICO Crashes 95%, KOL Shill Backlash

Trove’s botched launch turns into a real-time breakdown of what the hosts mean when they call something a rug, with KOLs taking heat for undisclosed paid shills tied to the same blowup. The Coffee Crew rewind the setup from the Hyper-EVM expectation to the Solana pivot, then get into the fallout, missing liquidity and ICO funds still not refunded, including a claim the project is holding about $9.4M. The throughline is credibility. If you’re paid to promote something, disclose it and stop dressing it up as organic signal. They also point to X and Grok opening up the algorithm as fuel for faster narrative churn and copycat takes. The episode closes on a bet that InfoFi and crypto media shift toward fewer, more trusted creators and away from leaderboard farming.Subscribe:Coffee with Captain Newsletter: https://coffeewithcaptain.beehiiv.com/YouTube: https://www.youtube.com/@coffeewithcaptainshowFollow on X:Chris Jourdan: https://x.com/ChrisJourdanCoffee with Captain: https://x.com/coffeewithcap_This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris and guest speakers may hold tokens discussedCheck Out:The Everything Token: A Book on Web3 and NFTs