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Drift

DRIFT

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Target Name

Drift

Ticker

DRIFT

Strategy

long

Position Type

token

Current Price (USD)

-

Circulating Market Cap ($M)

-

Fully Diluted Market Cap ($M)

-

CoinGecko

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Jason Kam
•

23 Sep 2024, 10:23am

Multicoin's new thesis on Drift: "Based on our valuation framework and market assumptions, which we outline in the report, we value DRIFT in our base case at $3.58, more than 7x above its current market price."

https://x.com/SpencerApplebau/status/1833578036496638050

Affiliate Disclosures

  • The author and/or others the author advises do not currently hold, or plan to initiate, an investment position in target.
  • The author does not hold an affiliated position with the target such as employment, directorship, or consultancy.
  • The author is not being compensated in any form by the target in relation to this research.
  • To the best of the author’s knowledge, the information provided here contains no material, non-public information. The accuracy of the information is the responsibility of the reader.