@COTInetwork, we appreciate your Q&A but some of the biggest questions are still left un answered.
1. Can you publicly identify the wallets belonging to the new team, the market maker, and the COTI Foundation, and explain the purpose of each major wallet?
I’m fully out of my ethereum:0xddb3422497e61e13543bea06989c0789117555c5 trade.
Initially I bought it because I thought that the new buyers had a big plan to push the foundation and grow the token. They have real fire-power behind them. On that basis I took a trade.
Since the took over however, instead of pushing , they have been literally moving millions into exchanges. I tracked the wallets and in the first week they sold more than $5m into the market.
You can track the movements by following the original addresses that received the tokens. Since they got them - they just keep selling.
0xcf26c9c96aa6267d85e67df5cb85acf4b7e3357f
0x1A184244dE9D3e726a3aa3D02b585E6ff8E2F9CE
Maybe they have some kind of master plan , but if the plan is the just cash out all the tokens they bought - I don't want to be around for that trade.
My suggestion to the new buyers, you know who you are...
You bought a great asset, it has a strong community and is listed on all big exchanges. You have a choice now...You can either grow it or you can keep selling the tokens and rug until the market and exchanges catch on to what you are doing . This industry is small and transparent and all your moves are being watched. Do the right thing....
@Justonenode@LuckyIguana@COTInetwork Yeah, I made over $100k USD twice on Coti. Sorry you didn't have the same luck. There were some insane swings and I caught two of them.
With the new @COTInetwork team completely disregarding the project and it's community after 7 years I've finally decided it's time to move on from $COTI. I sold for a pretty big loss but I can only see things going down from here.
The loss of money isn't what disappoints me, I'm responsible for my own financial decisions. It's the lack of accountability from both the previous CEO and the current CEO that drove my decision. Coti just isn't the same anymore. Best of luck to everyone. I tried to hang on as long as I could but sub 0.01 looks like it's coming quickly. Be safe everyone and know your personal risk level.
Goodbye.
@LuckyIguana@COTInetwork Hey, I made good money on other trades. Just my latest trade was a fumble. I didn't hold the same trade for 7 years. That's idiotic. $COTI made me six figures multiple times over the course of my investments in this project. Not a total wash.
Ran Neuner reveals why he’s fully out of $COTI after tracking the buyers’ wallets.
“I’m fully out of COTI.”
“I posted in 24/7 Research that I exited the entire position. If you’re still in the trade, you should know why I left.”
“A consortium of buyers took over the COTI protocol. I thought they’d push the protocol forward.”
“Instead, tracked their wallets, They’re sending tokens to exchanges. I’ll break down exactly how much they’ve sold and how much has hit exchanges.”
“As for me? I’m out. If you’re still in COTI, you’re on your own.”
Full stream 👇
@Josephagro1 Hey obviously knows who they are. They're just choosing to be anonymous for now. I'm guessing with what people have found so far they will announce it with another announcement of their product integration. But for now still left in the dark.
ethereum:0xddb3422497e61e13543bea06989c0789117555c5 Developments Simplified
Quiet days ended. Core PoD contract work lit back up today.
Cross-chain request IDs get versioned at deploy, fee/gas quotes got tightened under audit fixes, and deploy tooling moved in lockstep.
Still on fix branches — ship-prep from @cotinetwork, not a live main merge.