Price Prediction Suggests 20% Upswing for SEI

South Korean crypto SEI has skilled huge tailwinds within the crypto market, rising by greater than 3000% within the final 24 hours.

WuBlockchain additionally reported that its market capitalization exceeded $1 billion at one level, with many patrons flocking to Upbit for the SEI/KRW buying and selling pair. Transferring previous a $1 billion market capitalization has allowed this crypto to go stay on a number of cryptocurrency exchanges, together with Binance.

Present worth predictions additionally counsel that one other 20% upswing is coming.

SEI Goes Up 4 Digits in a Day

At press time, SEI is buying and selling at $0.25, with a market capitalization of $453 million and a buying and selling quantity of $1.6 billion.

The hourly worth chart of this crypto exhibits that this asset is transferring in a jagged sample after reaching its all-time excessive of $0.47.

After solely a short while being listed on @Binance, the value of @SeiNetwork has elevated by 700% 🚀🚀🚀

Congratulations Seilors 💯

Let’s examine how excessive the Sei Community worth will get 😎#sei #binance pic.twitter.com/1lv962WYI6

— Sei Station🚢 (@Sei_Station) August 15, 2023

What’s SEI?

SEI is the native crypto of the SEI Community, a proof of stake layer-one blockchain targeted on specialised buying and selling, in accordance with the undertaking’s whitepaper.

The whitepaper described Sei’s community as an innovator bringing a novel method to transaction ordering, parallelization, and block processing. On the similar time, it boasts a extremely optimized matching engine.

Designed to cater to DeFi platforms, Sei additionally options cross-chain interoperability, which has generated a lot curiosity inside the crypto ecosystem.

SEI Worth Evaluation

SEI solely dropped yesterday and has shortly taken the market by storm. For now, the one reference we’ve got is its hourly worth chart displaying some curiosity lower over the past couple of hours.

The token’s RSI is now transferring to the center, dampening pleasure round this asset.

Nonetheless, if the basics of the SEI community uphold within the coming days, it could transfer up additional to retest its all-time excessive.

SEI Various – Chimpzee

Whereas SEI has created a large bullish wave akin to the meme coin mania, current developments present lessening curiosity, making investing in belongings with particular upsides an excellent time.

Chimpzee is a cryptocurrency that opened as an ICO in Q2 of this 12 months and has now raised greater than $1.1 million.

A inexperienced crypto undertaking, Chimpzee has launched three incomes mechanics to entice customers and shield the setting concurrently.

Its shop-to-earn mechanic will permit customers to earn CHMPZ tokens by interacting with the Chimpzee store.

The Commerce-to-Earn mechanic comes into play with Chimpzee’s NFT market, which rewards customers for buying and selling NFTs.

Chimpzee has additionally launched a P2E sport, Zero Tolerance, which rewards customers for finishing particular duties.

Along with getting the tokens at a reduced worth, early movers can even obtain 100% bonus cash.

Go to chimpzee.io to take part on this presale at present.

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