Sure, that is precisely what it seems like. COPE is constructed on Solana Ecosystem I visited their website so you do not have to
>Earn COPE by means of staking throughout swimming pools within the Solana ecosystem similar to on Raydium and Orca and upcoming COPE Buying and selling Swimming pools. Stake in Sollet/Phantom (on-chain) pockets to earn extra COPE and change into 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 got here to Discord apologizing for the dip.
That 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 be concerned this does not cease right here it will get 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 person posted this:
>Every day reminder that Cyrii owned the vast majority of the [$cope](https://twitter.com/search?q=%24cope&src=cashtag_click) provide in his pockets and it by no means bothered anybody He additionally claimed he’d burn a ton and by no means did, as an alternative he offered it now