According to Golden Finance, on March 4, Multicoin Capital released a 45-page JITO asset valuation report. Multicoin Capital said it has accumulated considerable holdings in Jito Network native token JTO in the past three years through its hedge funds and venture capital funds. Multicoin Capital’s optimistic valuation of JTO is $11.63, 4.45 times the 7-day weighted average price (TWAP) as of March 3, 2025. After the Multicoin Capital Jito report was released, JTO prices quickly rose from $2 to $2.4, an increase of nearly 20%.