Multicoin values DRIFT at $3.58, more than seven times its current market price
On September 11, 2024, Multicoin Capital released a 25-page research report analyzing the valuation model and price target for Dfrit and stating that it has accumulated a large DRIFT position in its liquidity and venture funds. Multicoin Capital values DRIFT at $3.58, which is more than seven times its current market price.
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