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Details: https://www.gate.com/announcements/article/47889
Cookie: Cannot determine the price trend after token TGE, only serves as an operational tool provided by the InfoFi platform
BlockBeats News, December 12 — Cookie DAO issued a statement regarding the significant price decline after the TGE of the token on Cookie Launchpad, stating that the performance of the token on the day of TGE and afterward is not decided by Cookie. The project team independently determines the fundraising amount, token economics, and liquidity arrangements. Cookie does not participate in the project treasury, does not set prices, and does not control the post-listing trend. It merely serves as an InfoFi platform: providing tools for project operations, InfoFi activities, and rewarding users who genuinely bring attention, content, and mental share to the project. Currently, market liquidity is extremely tight, with heavy sell-offs and unpredictable volatility. The community’s claim that “Cookie earns a fortune while others suffer huge losses” is completely false. Cookie does not ignore this and continues to pay attention to community voices, learning from each token launch to make improvements.