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supremeoverlord
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yeah and the news is they are issuing another 1B coins on top of their 2B supply to give to VCs :) bomb!
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Crypto-titan
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Bullish
$COTI a bomb news is coming in $COTI 💎🚀
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supremeoverlord
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sadly no, read up on how their tokenomics going to change in what they call coti v2. are you ready for 13m coti unlocks every 5 days?
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stay away from coti they are issuing 1B more tokens which most will go to VCs
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$COTI guys stay the f away from this one. no fud they gonna issue 1B extra tokens in the upcoming weeks. most will go to VCs at undisclosed prices. those VCs are gonna dump it hard and there will be no way to recover from this after they dump as your holdings will get diluted 33% with this additional token issuance which will not go to you as a fellow believer and hodler. coti f…d us all, in the past i suggested buying this coin but this new direction they embraced which they call coti V2 is the nail in their coffin. steer clear and move on to better projects such as $ZRO and $SUI
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$COTI DONT buy the dip on coti coti shot itself in the foot by changing tokenomics and deciding to issue 1 BILLION more tokens. this is no fud no lies here. people who know me know that in the past i suggested buying this coin and holding for this bull run. but after i learned that they are starting something they call coti V2 and increasing their supply from 2B to 3B (which considerable amount of the newly issued tokens go to VCs) i’m telling you, stay away from this one and let it die. if a team and ceo doesnt protect your best interest and just after some quick buck from VCs at the price of diluting you 33% just like that is no project to invest in. market is full of great projects which wouldn’t do that. 2 examples of the top of my head $SUI and $IO
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$COTI i don’t suggest holding this coin anymore because they changed their tokenomics and they are minting 1B more tokens to allocate to VCs and undoubtably VCs will dump this token go hell. this is a 50% increase to benefit a small group of people, its the teams exit strategy for themselves and i dont want you to get stuck ok this coin because you will never ever recover your money if that happens with that kind of dilution. in short sell sell sell!
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