$COW - Report to those who are considering buying COW, please research on-chain carefully before making a decision.
I cannot predict whether this will be a pump or if this will increase or decrease clearly like $PDA, but on-chain has made it clear to you some things.
1. Dev POW deployed a total of 1 billion Cow tokens only once.
2. 66% of cow tokens that have been deployed are held in smart contracts belonging to the cow team. If you check carefully, you will see that every day they put several hundred thousand dollars on Binance to cash out for the Lunar New Year. Just like the epx from previous years and the old PLA.
3. Cow is part of the DeFi system, which is a very old trend and has had no motivation to increase in the past four years. 90% of DeFi projects tend to drop significantly after listing.
4. If you go to Twitter for Cow, you will see that the team is quite mediocre, kind of like they created this token to sell and buy diapers for their child.
5. The moment it was listed, it was listed on a series of exchanges, including Coinbase, which means there is no motivation for a price increase. Only waiting for future listings will create motivation.
6. You need to research the project thoroughly; the decision is yours, and any gains or losses are your responsibility. I just want to warn you about the level of trust in this project being unstable.
