Loading...
Market
Control of $COOL token supply 6 months post-buyback
5
Resolution / Starting Odds
More distributed (less than 30% in top 5 wallets) • 33%
Less distributed (more than 50% in top 5 wallets) • 33%
No significant change (30-50% in top 5 wallets) • 34%
Blockchain analysis reports
Story
$COOL Token Launch Controversy: 40,000x Surge, $67M Volume, Promised Buybacks
Apr 29, 2024, 02:55 PM
The launch of the $COOL token by Coolman's Universe has sparked controversy and accusations of unethical practices. More than 80% of the token supply was reportedly sniped before the contract address was publicly shared, leading to a significant dump of over $2 million in tokens. The token experienced a dramatic price surge, increasing 40,000 times from its launch price before beginning a descent towards zero. This event has raised concerns about market manipulation, as insiders allegedly made over $1.68 million from selling the token within an hour, holding 55.1% of the total supply in just 2 wallets. Despite these issues, $COOL has generated over $67 million in trading volume and maintains a market cap of $29 million, with Coolman's Universe NFTs down 57% to 0.03 ETH. In response to the backlash, Coolman's Universe has announced plans for significant token buybacks and promises more clarity moving forward.
View original story
Similar markets
Decreases by more than 10% • 25%
Remains within ±10% • 25%
Increases by 10% to 25% • 25%
Increases by more than 25% • 25%
Highly concentrated (top 10% hold over 50%) • 33%
Moderately concentrated (top 30% hold over 50%) • 33%
Evenly distributed • 33%
Very stable (less than 5% fluctuation) • 25%
Moderately stable (5% to 20% fluctuation) • 25%
Unstable (20% to 50% fluctuation) • 25%
Highly unstable (more than 50% fluctuation) • 25%
Significant increase in value • 33%
Significant decrease in value • 33%
Stable prices • 34%
Less than 10% • 25%
10%-20% • 25%
20%-30% • 25%
More than 30% • 25%
Market stability • 25%
Market volatility increases • 25%
No significant change • 25%
Regulatory changes • 25%
18%-25% • 25%
25%-30% • 25%
30%-35% • 25%
Above 35% • 25%
Significant increase in adoption • 33%
Moderate increase in adoption • 33%
No significant change in adoption • 34%
Increase > 10% • 25%
Increase 5-10% • 25%
Decrease < 5% • 25%
No significant change • 25%
Top performer • 25%
Above average • 25%
Average • 25%
Below average • 25%
Highly approve • 25%
Somewhat approve • 25%
Somewhat disapprove • 25%
Strongly disapprove • 25%