HOW VCs & KAITO FARMED $PLAI INVESTORS FOR EXIT LIQUIDITYSTOP BUYING IDOs: HOW VCs & KAITO FARMED $PLAI INVESTORS FOR EXIT LIQUIDITY
$PLAI launched at $0.153 on Nov 4.
Today? $0.004.
Now Your $10K is $260
That’s -97% in 13 days.
$PLAI went from $70M FDV → $1M market cap.
Not a dip, a detonation.
Why the collapse?
Massive token unlocks
Overpriced $50M–$70M FDV at launch
Low liquidity (small sells nuked price)
Hype ≠ adoption (7.5% retention)
50% IDO unlock at TGE
VCs exiting into retail
Launchpads don’t protect retail.
They protect VC exits.
If you bought high, you got farmed.
This is the risk of shiny AI tokens with weak demand & bad tokenomics.
NFA & DYOR
