Multicoin's Performance in the Second Half of the Year

Multi coins performance plummeted over the year, with the fund logging gross returns of minus 32 point nine %. The firm's annual letter added it, showing that multi coin had actually out performed several bench marks, including bitcoin and an index of the top ten tokens named the hold ten by provider. When the market cratered hard in november, one l p noted that it may have caused unwarranted optimism. By december, it had sunk beneath 85 dollars. Despite her comparatively positive performance, many relished multicoin's bad ear. One source high lighted this bet as indicative of multi coins different risk profile, and in particular, their willingness to court reputational damage.