COPE a token built on Solana Ecosystem, their Devs Team sold 10% of supply on market sending price down to -77% then they came to Discord apologizing for the dip because they had to keep devs team going through during this tough time.

r/CryptoCurrency Moonsr/CryptoCurrency Moons
$0.0412
‑1.50%
self.CryptoCurrency1m ago
Yes, this is exactly what it sounds like. COPE is built on Solana Ecosystem I visited their site so you don't have to >Earn COPE through staking across pools in the Solana ecosystem such as on Raydium and Orca and upcoming COPE Trading Pools. Stake in Sollet/Phantom (on-chain) wallet to earn more COPE and become claimants in spacedrops. [Here's the chart after their devs team sold 10% of the supply on market.](https://preview.redd.it/ywwponjofh191.jpg?width=1934&format=pjpg&auto=webp&s=6535bcb7bd2de02291cd40b268748c723c37c454) Then he came to Discord apologizing for the dip. This is was his response: [Sorry guys he needed the money.](https://preview.redd.it/13f5es2qfh191.jpg?width=1080&format=pjpg&auto=webp&s=55266c34566a377f080784fc3e9456553a05ed65) Don't worry this doesn't stop here it gets shittier [Thank you for funding Devs pocket, Cope Holders.](https://preview.redd.it/qx7q1slrfh191.jpg?width=1024&format=pjpg&auto=webp&s=5fbf179c0d9a23b9d41a6e2d0c39d780e6ec3bce) [His Explanation \\"got to keep dev team going through this hard time\\"](https://preview.redd.it/zcst93rsfh191.jpg?width=1024&format=pjpg&auto=webp&s=ba715e6eb582444a6e50d856c189bad7cc06997b) A Twitter user posted this: >Daily reminder that Cyrii owned the majority of the [$cope](https://twitter.com/search?q=%24cope&src=cashtag_click) supply in his wallet and it never bothered anyone He also claimed he'd burn a ton and never did, instead he sold it now Tweet: [https://twitter.com/Mister\_Ch0c/status/1529106514279112704](https://twitter.com/Mister_Ch0c/status/1529106514279112704)