Pike Finance, a cross-chain lending protocol, has come under fire for providing only $10,000 in initial liquidity when it launched its native token P on September 30th. This has led to a significant drop in the token's value, sparking dissatisfaction among the community and early investors. According to The Block, Pike Finance listed P on Aerodrome, a decentralized exchange built on Base, with an initial liquidity of just $10,000. As a result, the price of the P token plummeted by 90% to $0.0035 upon launch. Pike Finance had raised just under $6.5 million through a pre-sale in March, with participants reportedly buying tokens for between $0.028 and $0.0374 each. "I put in $1,500 during the presale, and now it's worth $61," said one pre-sale participant. "Pike provided only $10,000 in initial liquidity on the DEX, which was drained within 30 minutes, leading to the dump." The incident has raised concerns about the risks associated with investing in new cryptocurrencies, particularly those with low initial liquidity. It is important for investors to carefully research any project before investing and to be aware of the potential risks involved.