a16z (Andreessen Horowitz) bought this coin for $4.53 in Round A, and now anyone can buy it for $3.44. And the investor seems to receive coins not now, but in a year.
https://dropstab.com/coins/iron-fish/fundraisingAnd the mining of this coin is now unprofitable.
You can buy it now for sub $3.00 ($2.99, as I type this, on Kucoin).
Series Seed investors (about 6 months or so before Series A) received 4,158,000 Ironfish tokens in exchange of a $5,300,000 investment. This works out to around $1.27 a token.
The way things are going we may get near that price in a few more weeks. Also, besides the 10 million tokens purchased by early investors (Series A and Seed), there are 32 million more hanging over everyone's head ready to drop over the next 2 years.
Sub $2.00 may be a good price, but this is only if you believe in it long term.
On the flip side, the early investors have a lot of dollars riding on this and they are not going to want to see their investments vanish, so I expect a pump at the appropriate time. Still a year out at minimum as that is when the first funds start to unlock.