The launch of the $COOL token by Coolman's Universe has sparked controversy and accusations of unethical practices. More than 80% of the token supply was reportedly sniped before the contract address was publicly shared, leading to a significant dump of over $2 million in tokens. The token experienced a dramatic price surge, increasing 40,000 times from its launch price before beginning a descent towards zero. This event has raised concerns about market manipulation, as insiders allegedly made over $1.68 million from selling the token within an hour, holding 55.1% of the total supply in just 2 wallets. Despite these issues, $COOL has generated over $67 million in trading volume and maintains a market cap of $29 million, with Coolman's Universe NFTs down 57% to 0.03 ETH. In response to the backlash, Coolman's Universe has announced plans for significant token buybacks and promises more clarity moving forward.
“And any wallet that was shown to have dumped was also buying” - @coolcoffeedan in spaces addressing $cool rug allegations I mean he’s not technically lying because as you can see they did buy But hes leaving out the fact that these wallets still made over $1.5m in profit 😂 https://t.co/ZryH3A7f8n
LMFAOOOO COOLAMANS HOSTED AN HOUR LONG SPACE ABOUT HOW THE RUGGED COIN WAS SOME RANDOM MARKET MAKERS FAULT (who has been let go) LET TWO SPEAKERS COME UP WITH COOLMAN PFPS AND PRAISE THE TEAM THEN SAID WE’RE GOOD AND RUGGED IT WE DESERVE ZERO WHO IS BUYING THIS
“And any wallet that was shown to have dumped was also buying” - @coolcoffeedan on $cool launch This statement isn’t technically a lie because as you can see the wallets he’s discussing did buy after dumping But hes leaving out the fact that they made over $1.5m in profit 😂 https://t.co/ISa4kotYRl
“Any wallet that was shown to have dumped was also buying and I think that’s part of the biggest concern” - @coolcoffeedan on $cool But if you look at the wallets he’s discussing you can see they profited over $1.5m 😂 https://t.co/xFGFntg8jF
After a controversial $COOL token launch, Coolman's Universe says "We are here for the long run" and notes more clarity is coming along with "significant token buybacks." https://t.co/HK87GYow93
so many botched token launches this year. market's underpricing the 1 coin that flawlessly launched despite heavy fud. coincidence that it's up rn while whole market is red? probably not.
The @CoolmanUniverse team is under fire following the launch of its $COOL token More than 80% of the token supply was sniped prior to the contract address being tweeted and more than $2 million in tokens were dumped Community members have accused the team of sniping and dumping… https://t.co/Pvp226qe2b
🔻🔻 Coolmans' floor price is dumping hard after the controversial $COOL meme token launch. https://t.co/dAE2SukmRl https://t.co/ZyqmXRv9i2
today reminded me of when mfers started buying Coolman Universe NFTs for 2ETH+ because the founder wrote this in discord 🥲 I guess he’s still in the meeting with Disney. it’s been 3 years, no updates. https://t.co/vWQrdf9Yfy
In it for the....tokens. With $COOL launched, Coolman's Universe NFTs are down 57% to 0.03 ETH. And despite a controversial launch, $COOL has more than $67 million in trading volume and is trading at a $29 million market cap. https://t.co/TX2e1YWtVx
so you mean to tell me the coolman team that lied about meeting with Disney to drive speculation on a buyout and to fuel an artificial pump on their NFTs in the last cycle came back to run another grift? much wow. https://t.co/sTMN7kiqB8
Be careful with CoolCoin( $COOL ), a sniper/insider is dumping $COOL on you! The sniper/insider has made more than 11.8K $SOL($1.68M) in just 1 hour. He still has over 551M $COOL(55.1% of the total supply) left, worth over $20M! 2 wallets (possibly belonging to the same… https://t.co/aiBFEGCrFB
coolmans launched cool coin, presumably self-sniped 851m out of 900m tokens pooled, then tweeted about it 7 minutes later coin went 40000x from launch to top and has begun descent to zero theft https://t.co/5UA2w0JsFB
Are you kidding me? you kicked me out of discord for posting the below ? which is the truth? grifter. you just rugged your own community @CoolmanUniverse $COOL The $COOL launch is going to ZERO! Devs added minimal LP then decide to not share launch for 5 mins while they load.… https://t.co/6k3NU4Mjvn
Congrats @CoolmanUniverse @coolcoffeedan on the $2M+ rug. All these sales come from the dev self-bundle (https://t.co/BTukFDDzDI) from which they got about 80% of their supply. Balls of steel to pull off this being doxxed too.. Not really $COOL. https://t.co/xcX3T02ytm