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Multicoin Capital: The Outsiders

The Generalist

CHAPTER

A Brief History of Multi Coin

Multi coin had executed on multiple fronts, ding unusual investments and expanding its opportunity set. On may twelfth of 20 20, the crypto market broke. Bick coin tumbled 50 % over a two day period, slipping beneath four thousand dollars. As prices fall, crypto mining becomes unprofitable, inducing miners to shut down operations,. further increasing netwark congestion accompanied by cascading liquidations.

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