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Cookie: Unable to predict the token price trend post TGE, solely serving as an operational tool for the InfoFi platform
BlockBeats News, December 12th. Cookie DAO issued an announcement regarding a significant price drop after the token's TGE on the Cookie Launchpad. The announcement stated that the token's performance on TGE day and beyond was not determined by Cookie, as the project team independently decided on the fundraising amount, tokenomics, and liquidity arrangements. Cookie is not involved in the project's treasury, pricing, or post-listing control, serving solely as an InfoFi platform: providing tools to operate InfoFi events for the project, used to reward users who genuinely bring attention, content, and mindshare to the project.
The current market is experiencing extreme liquidity stress, with heavy selling and unpredictable volatility. The claim in the community that "Cookie has made a fortune while other users have suffered losses" is entirely untrue. Cookie does not turn a blind eye to this but continues to pay attention to the community's feedback and will draw from each token listing experience to make improvements.
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