Solana-Based DEX Altcoin Rallies After $1,400,000,000 Hedge Fund Announces Big Position

A Solana (SOL)-based decentralized exchange (DEX) altcoin is rallying after a major crypto investment firm disclosed a large stake in the project. According to a new Multicoin Capital announcement, the firm with $1.4 billion in assets under management (AUM) has built up a sizable position in Drift Protocol (DRIFT). Drift is an open-source DEX that […] source: https://dailyhodl.com/2024/09/11/solana-based-dex-altcoin-rallies-after-1400000000-hedge-fund-announces-big-position/