If that's the case, for a project of this quality that's actually quite good for holders. Fewer contributors = fewer weak hands, much lower supply, and much greater moon potential.
Yeah agreed, I wonder how much they raised in Private sale? Could turn out to be micro-cap and these are mooning a lot recently.
They had a larger raise in the private sale as compared to the public sale. I think the retail investments is slow and low in these markets but the bright side to this that 75% of the unsold tokens will be burned.