$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