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COOKIE Token Price Drops 27.5% After Large Sale, Signaling Market Impact

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by A1

2 hours ago


Recent transactions by a multi-signature wallet connected to the COOKIE project have caused significant market fluctuations following the token's listing on Binance.

Details of Major COOKIE Transactions

Following Binance's announcement of COOKIE's listing, a multi-signature wallet sent about 20 million COOKIE tokens to the exchange. This amount was valued at approximately $12.55 million.

Market Reaction and Changes

The sales volume for COOKIE surged, resulting in a price drop of 27.5%. The market capitalization of COOKIE currently stands at $157.72 million, with 30.12% of the total supply in circulation.

This multi-sig wallet received a total of 75 million COOKIE from 'Cookie: Deployer' on June 13, 2024, and now still holds 20 million COOKIE valued at $11.33 million.

Future Prospects for COOKIE

With the current high trading volume and market volatility, investors are closely watching developments. The question of further COOKIE movement remains open.

Active movements of COOKIE indicate an increased interest in the token, yet they create uncertainties in the market.

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