🔴 $COAI Exposed — The Truth Behind the Pump, Dump & Scam Accusations 🚫
COAI’s wild price swings didn’t happen by chance. What looked like a breakout AI token quickly turned into chaos — a massive pump followed by a brutal dump that left holders questioning if it’s all just a scam in disguise.
The contract tells the real story. It’s verified, yes — but it’s a proxy contract with ownership not renounced, meaning the creator or admin can still change critical functions like minting, pausing, or adjusting fees anytime. That kind of power turns a “community token” into a centralized setup where the team holds all the control.
Holder analysis adds more fuel. While the owner and creator wallets show 0%, a few hidden addresses control a large share of the supply — enough to dump and crash the market whenever they want. During the rally, those same wallets were caught transferring tokens to exchanges right before the drop. That’s not coincidence — that’s profit timing.
There’s no solid proof COAI is an outright rug pull, but it checks most boxes of a pump-and-dump style scam: centralized contract, proxy control, uneven distribution, and heavy hype around “AI innovation.”
In simple terms — COAI isn’t decentralized, and it isn’t transparent. Until ownership is renounced, the proxy control is removed, and the team proves real development beyond price action, this token remains a high-risk play wrapped in big promises.
The truth is simple: the pump was engineered, the dump was expected, and the control still sits in one wallet.
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