On December 12th, Cookie DAO issued an announcement regarding the significant decline in price after the TGE of the token on Cookie Launchpad. The token’s performance on and after TGE is not determined by Cookie; the project team decides independently on fundraising amount, token economics, and liquidity arrangements. Cookie does not participate in the project’s treasury, does not set the price, and does not control the post-opening trend. It simply operates as an InfoFi platform: providing tools for projects to run InfoFi activities, rewarding users who genuinely bring attention, content, and mental engagement to the project. Currently, the market liquidity is extremely tight, with heavy sell-offs and unpredictable volatility. The community’s claim that “Cookie makes a killing while other users suffer losses” is completely false. Cookie does not turn a blind eye to this; it continues to pay attention to community voices and will learn from each token launch to make improvements.
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Cookie: Cannot determine the price trend after token TGE, only serves as an operational tool provided by the InfoFi platform
On December 12th, Cookie DAO issued an announcement regarding the significant decline in price after the TGE of the token on Cookie Launchpad. The token’s performance on and after TGE is not determined by Cookie; the project team decides independently on fundraising amount, token economics, and liquidity arrangements. Cookie does not participate in the project’s treasury, does not set the price, and does not control the post-opening trend. It simply operates as an InfoFi platform: providing tools for projects to run InfoFi activities, rewarding users who genuinely bring attention, content, and mental engagement to the project. Currently, the market liquidity is extremely tight, with heavy sell-offs and unpredictable volatility. The community’s claim that “Cookie makes a killing while other users suffer losses” is completely false. Cookie does not turn a blind eye to this; it continues to pay attention to community voices and will learn from each token launch to make improvements.