Mike Dudas, a co-founder of Moonbirds, implies he is "sidelined" or potentially exiting his position. This follows a quoted tweet from @chainyoda stating they "won't be Mike Dudas's Moonbirds exit liquidity," suggesting a lack of confidence in Moonbirds due to its VC-heavy backing versus Pengu's full-time founder. Investors should monitor Moonbirds for potential selling pressure from early backers.