How many retail investors plan to buy? The folks I hear most excited about this have equity from the startup/PE companies they were involved in and are treating it like a big future payday. Apparently there is a big Whatsapp chat for them to discuss it all.
My recollection is that retail investors end up losing in these situations. I'm personally staying away...feels too much like a grift, but I won't pretend I have some magical analysis to prove it.