SEI faces ‘critical' test at $0.30: Which way will the token go next?
SEI has continued to see a price decline. However, the token could rebound, albeit on one condition.
Keep up with what's happening in the crypto world in real-time.
SEI has continued to see a price decline. However, the token could rebound, albeit on one condition.
Bitcoin (BTC) briefly reclaimed the $60,000 price level over the weekend but quickly dropped below $59,000. The cryptocurrency is currently trading around the $58,500 price level, having fallen almost 1.50% over the past 24 hours.
Fantom (FTM) and SEI display strong technical signals suggesting that significant price appreciation may be expected. Analysts have pointed to Fantom's Hidden Bullish Divergence, which may pave the way for a 234% bounce back. A target of $3 was set for the breakout.
BTC's drop took the asset's price to its weakest level since the market panic witnessed in the first week of August, with ETH also dropping 4.5%.
SEI has experienced a remarkable uptick in value over the past seven days. According to data from Coin Market Cap, the token has surged by over 20% in the past week alone.
It unlocks a range of powerful new features for decentralized applications (dApps) within its ecosystem. Secret Network's Confidential Computing Layer is renowned for its ability to ensure data privacy and security.
SEI registered promising gains over the last week, and if the rally continues, it might touch $0.5
Binance has successfully completed the Sei (SEI) EVM integration, allowing users to deposit and withdraw SEI tokens via the EVM network, according to Binance.
SEI is showing signs of recovery from a significant 43% drop in value. This turnaround comes amid a broader market environment that has yet to decisively turn bullish.
Bitcoin (BTC) has surged past the $60,000 mark as markets recovered. The broad-based crypto rally saw other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and XRP, gain around 8% to 10%
SEI price is noting a recovery just as slow as most other tokens are since the market has not turned explicitly bullish yet.
The cryptocurrency markets have recovered over the past 24 hours, with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other major cryptocurrencies rebounding after a bloodbath that saw their prices hit lows not seen in months. The crash in the Japanese stock market triggered panic across the traditional and cryptocurrency markets.
However, BTC was able to recover from this level as buyers propped up the price, eventually making it back above $65,000 to settle just below the 20-day SMA at $65,312.
Sei announces the second round of its $10 million Creator Fund, focusing on creative media and IP development with a $250,000 matching pool.
Bitcoin (BTC) touched $70,000 on Monday after surging past $69,000. However, BTC pulled back sharply after reaching this level, indicating that sellers are fiercely defending the overhead resistance, with the price dropping to $66,810.
Bitcoin (BTC) fell below the crucial $66,000 mark on Tuesday as markets prepared for a short-term correction. However, the long-term prediction for BTC and other altcoins remains bullish.
Sei, a fast parallelized EVM blockchain, is now integrated into Dune's analytics platform, offering users enhanced data insights and dashboard creation capabilities.
Sei, ORDI, and Arweave have all surged over 10% over the past day to rank as the top gainers in the crypto market. BTC jumps 3%.
The markets have turned bullish ahead of the spot Ethereum ETF launch, which is scheduled on July 23, 2024. With this, the Bitcoin price soared above $66,500, while the Ethereum price is eyeing a rise above $3500 in the next bullish attempt.
Sei price prediction shows the layer 1 protocol emerging as the biggest gainer among large and mid-cap altcoins, soaring 18% on Saturday to $0.4136. The token known for powering decentralized exchanges (DEXs) has recorded a staggering 76% increase in trading volume to $135 million.
Bitcoin (BTC) has recorded strong inflows into its spot Bitcoin ETFs, suggesting that the sentiment may have turned positive, and traders are purchasing the asset aggressively, with the cryptocurrency also conquering crucial overhead resistance levels.
The Sei Creator Fund, launched on June 4, 2024, has successfully concluded its first round of funding, distributing a $250,000 matching pool to various projects within the Sei ecosystem. Powered by Gitcoin Grants Stack and utilizing Quadratic Funding (QF), this inaugural round marks a significant milestone for the $10 million initiative aimed at supporting innovative projects in the blockchain space.
Sei Foundation launches a $50M Japan Ecosystem Fund to support Web3 gaming, social, and entertainment sectors, aiming to boost crypto startups in Japan.
The Sei Creator Fund's first round, powered by Gitcoin Grants Stack, has concluded, distributing a $250,000 matching pool to 63 projects.