Cookie DAO has issued a statement clarifying its lack of control over the price movements of its token following the recent launch on the Cookie Launchpad. The DAO emphasized that it does not manage the token's price, liquidity, or treasury, as these aspects are determined by the project teams responsible for fundraising, tokenomics, and liquidity management.
Positioning itself as an InfoFi platform, Cookie DAO provides tools for conducting InfoFi activities and rewards users who generate attention. The organization also refuted claims of profiting from user losses and reiterated its commitment to considering community feedback after each token launch.
Cookie DAO Denies Influence Over Token Price Movements Post-Launch
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