Assuming a leading fundraising project’s public offering (currently oversubscribed) ultimately reaches a FDV valuation cap of $99 million, retail miners may have a good opportunity for returns.

From the data, over $2.5 million in investment commitments have already flowed in, and investor tokens are in 100% immediate unlock status. What does this mean? There will be a considerable amount of selling pressure in the short term. This is also the norm in the market—large unlocks are often accompanied by liquidity release.

But from another perspective, precisely because of this selling pressure, for those who have laid out early and are waiting for the project to go live, it may be a window to accumulate tokens. Historical experience tells us that after initial selling pressure, there is often a genuine rebound opportunity. The key is whether the project’s fundamentals are strong enough and whether community consensus is solid.