Multicoin Capital Announces $1M Match For Pro-Crypto Senate Candidates In Solana Donations
Portfolio Pulse from Murtuza Merchant
Multicoin Capital has announced a $1 million match for donations made in Solana (SOL) tokens to the Sentinel Action Fund (SAF) to support pro-crypto Senate candidates. This initiative aims to amplify contributions and support candidates who advocate for responsible crypto innovation.
July 05, 2024 | 8:25 pm
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Multicoin Capital's $1 million match for Solana (SOL) donations to the Sentinel Action Fund could increase demand for SOL tokens in the short term.
The announcement of a $1 million match for SOL donations is likely to increase demand for Solana tokens as contributors may purchase SOL to take advantage of the matching offer. This could lead to a short-term price increase for SOL.
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