Recently, prominent cryptocurrency investment firm Multicoin Capital published an in-depth research report on DRIFT, outlining a detailed valuation model and offering long-term price forecasts for the asset. According to the report, Multicoin Capital expects the reasonable market price of DRIFT to be $3.58, a valuation that is over 7 times higher than its current market price. This report highlights Multicoin Capital's optimistic expectations regarding the potential value of DRIFT, while also showing the confidence and commitment of institutional investors in the future prospects of this digital currency. Notably, not only did Multicoin Capital evaluate the value of the cryptocurrency, but it also indicated that it has accumulated substantial positions in DRIFT through liquidity funds and risk capital, demonstrating its long-term faith and investment in DRIFT.