Cookie: Unable to predict the token price movement post TGE, merely serving as an operational tool for the InfoFi platform

2 hours ago

On December 12, Cookie DAO released a statement addressing the sharp price drop following the Token Generation Event (TGE) on the Cookie Launchpad. The announcement clarified that Cookie did not determine the token’s performance on or after TGE day. The project team independently set the fundraising amount, tokenomics, and liquidity arrangements. Cookie does not participate in the project’s treasury, control pricing, or influence post-listing trends. Instead, it acts solely as an InfoFi platform: providing tools for projects to host InfoFi events, and rewarding users who genuinely drive attention, content, and mindshare for the project. The current market faces extreme liquidity crunches, heavy selling pressure, and unpredictable volatility. The community sentiment that “Cookie made a fortune while everyone else took massive losses” is completely false. Cookie is not ignoring this situation and remains attentive to community feedback, aiming to learn from each token listing to improve future launches.

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