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SEI Lead to 12% Price Surge as World Liberty Financial Purchase of $125K

cryptochamp 3 months ago 0

The SEI token saw a strong 12% price surge today after World Liberty Financial (WLF) purchased $125K worth of SEI tokens. This move pushed SEI into the list of top gainers on Coinpedia. Alongside SEI, Story Protocol’s IP, Berachain, and Bittensor’s TAO also witnessed significant price jumps.

Read SEI Price Prediction 2025, 2026 – 2030

SEI Price Overview

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  • Current Price: $0.2506 (12% surge in 24 hours)
  • Market Cap: $1.16 billion (+12%)
  • 24-Hour Trading Volume: +124%
  • Weekly & Monthly Change: +7% (weekly), -27% (monthly)
  • All-Time High (ATH): $1.14 (2024)

Despite the current surge, SEI is still far below its ATH. Crypto analyst Michael van de Poppe believes altcoins like SEI have hit their liquidity bottoms, hinting at an upcoming bullish reversal.

World Liberty Financial’s SEI Purchase

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  • A multisig wallet from WLF withdrew $10M USDC from Coinbase to buy 200M WLFI tokens.
  • $125K USDC spent on acquiring 547,990 SEI at an average price of $0.228.
  • WLF’s portfolio already includes AAVE, LINK, ENA, ETH, and wBTC.
  • WLF, though claiming to be a DeFi platform, has yet to launch operations.

Also Read: PEPE Price Prediction 2025, 2026 – 2030

SEI’s Market Outlook

  • Technical Breakout: SEI is forming a double-bottom pattern, signaling potential upside.
  • Resistance Trendline: A breakout could push SEI to the 23.6% Fibonacci level ($0.3311).
  • Potential Upside: If bullish momentum continues, SEI may rise by 32%.

SEI Network Growth

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  • Total Value Locked (TVL): Increased to $195M after dipping to $166M.
  • Trading Volume: Still low at $10.54M.

World Liberty Financial’s investment in SEI hints at renewed bullish momentum. If the breakout sustains, SEI could witness further price appreciation in the near term.