Multicoin: We are optimistic about JTO, which has 4-5 times of growth potential
On March 4th, Multicoin Capital released a 45-page JITO asset valuation report. Multicoin Capital stated that over the past three years, through its hedge funds and venture capital funds, it has accumulated a considerable position in the native token JTO of Jito Network.
Multicoin Capital's optimistic valuation price for JTO is $11.63, which is 4.45 times the 7-day Time-Weighted Average Price (TWAP) of $2.61 as of March 3, 2025. After the publication of Multicoin Capital's Jito report, the price of JTO quickly rose from $2 to around $2.4, an increase of nearly 20%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Buyer Battles Begin as BlockDAG Offers 25M BDAG Daily! LINK Price Prediction Leans Toward $25 & TRX Crypto Shows Strength
Catch the next big crypto as LINK price prediction targets $25, TRX crypto shows strength & BlockDAG drops Buyer Battles offering 25M BDAG daily fueling buying frenzy.Chainlink Price Prediction Targets $25 BreakoutTRX Crypto Draws Volume After USDT Mint & ETF HypeBlockDAG Launches Daily Buyer BattlesStrong Moves Are Happening Live
Digital Commodity Capital Adds XRP to Its Portfolio, Bolstering Institutional Interest
BlockDAG Drops Price Pre-Reveal as Fartcoin Gains Traction
XRP Price Target Debated; SHIB Burns and Unstaked Gains
Trending news
MoreCrypto prices
More
