BlockBeats News, December 12th, Cookie DAO issued an announcement regarding the significant price drop post-token generation event (TGE) on the Cookie Launchpad. The announcement stated that the token's performance on the TGE day and afterward was not determined by Cookie. The project team autonomously decided the fundraising amount, tokenomics, and liquidity arrangement. Cookie does not participate in the project treasury, pricing, or control the post-listing trend. Cookie solely acts as an InfoFi platform: providing tools to operate InfoFi events for the project, used to reward users who genuinely bring attention, content, and mindshare to the project.The current market is experiencing extreme liquidity tightness, intense selling pressure, and unpredictable volatility. The sentiment in the community that "Cookie made a fortune, and everyone else suffered heavy losses" is entirely untrue. Cookie does not turn a blind eye to this and is still paying attention to the community's feedback, aiming to learn from each token listing experience for future improvements.

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