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VisitWill $COOL token buybacks occur by end of 2024?
Yes • 50%
No • 50%
Official announcements from Coolman's Universe or verified transaction records on blockchain
$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.
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Buyback program completed • 50%
Buyback program not completed • 50%
Less than 25% • 25%
25-50% • 25%
50-75% • 25%
More than 75% • 25%
Yes • 50%
No • 50%
Less than 25% • 25%
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50% to 74% • 25%
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More distributed (less than 30% in top 5 wallets) • 33%
No significant change (30-50% in top 5 wallets) • 34%
Less distributed (more than 50% in top 5 wallets) • 33%
Stable (±20% change) • 34%
Significant decrease (over 50% fall) • 33%
Significant increase (over 100% rise) • 33%