CoinVoice has recently learned that according to The Block, early investors of Pike Finance expressed dissatisfaction with the token generation event on Monday. The team only provided $10,000 in initial liquidity for the Aerodrome decentralized trading platform on Base.

Due to limited liquidity at launch, the token’s price quickly fell to around $0.0035 — a drop of about 90%, according to DEXScreener.

It is reported that Pike Finance raised nearly $6.5 million in its token presale in March 2024, with participants purchasing tokens at prices ranging from $0.0280 to $0.0374. [Original link]