According to @EricCryptoman, the new token $COTS is positioning itself as a fresh intellectual property (IP) within the Web3 space. The analyst notes that the project is being built from the ground up by a team described as highly connected. @EricCryptoman highlights significant buying pressure for the token, suggesting this market activity could precede a major upcoming release or announcement. The project's official website remains mysterious, adding to market speculation, as pointed out by the source.