Most of us are asleep to a reality that VCs are wide awake to - there’s a chance to realise gains if some of the equity-backed projects they’ve invested in decide to go public.

This creates a ripple effect on the associated tokens, many of which were force-launched by the same people who couldn’t extract the value they hoped for.

But now, with better exit opportunities available, they will probably move on—leaving retail investors stuck holding a bag full of diluted dreams.