ChainCatcher reported 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.

According to DEXScreener data, due to limited liquidity at the time of launch, the price of the token quickly fell to around $0.0035 - a drop of about 90%.

It is reported that Pike Finance raised nearly $6.5 million in the token presale in March 2024, and participants purchased tokens at prices ranging from $0.0280 to $0.0374.