Tuesday, 27 February 2024

Crypto News

SEI token end year price prediction as Shiba Memu presale comes to an end

SEI token end year price prediction as Shiba Memu presale comes to an end

  • SEI is up 35% in 24 hours, hitting a $0.345 high as RSI indicates robust bullish momentum.
  • SEI’s end-of-year outlook points to a $0.52 max.
  • The presale of the revolutionary AI-driven meme token Shiba Memu ends in 10 days.

As the year draws to a close, the cryptocurrency market is abuzz with notable movements. Among the rising cryptocurrencies is the SEI token, which has witnessed a remarkable surge. On the other hand, a new meme coin project, Shiba Memu, is capturing attention with its ongoing presale.

In this article, we delve into the recent developments surrounding SEI Token, its impressive price performance, its end-of-the-year price prediction, and the upcoming Shiba Memu presale that is set to conclude in just 10 days.

SEI price surges 35% in a day

SEI has taken the crypto world by storm with a staggering 35% surge in the past 24 hours. At the time of writing, SEI is trading at $0.3469, marking a new high. This surge has propelled SEI to the 86th position among cryptocurrencies, with a market cap of $790 million. The open interest and social volume for SEI have doubled within this short timeframe, signifying heightened interest and engagement.

SEI’s daily trading volume has also experienced a remarkable 433% rally, reaching an impressive $680 million. This surge has earned SEI the title of the top 24-hour gainer among the leading 100 crypto assets. 

The Relative Strength Index (RSI) for SEI has risen from 57 to 70 in the past day. The token is also painting an expanding ascending triangle pattern indicating a robust bullish momentum.

SEI price chart


SEI end-of-year price prediction: a bullish outlook

With such substantial growth in the last quarter of 2023, SEI is generating significant interest among investors. The price prediction for SEI suggests a maximum level of $0.52 by the end of the year. The average projected price stands at approximately $0.37 if the current growth trajectory continues. However, in the event of a bearish trend, the minimum expected price for SEI Token could dip to $0.28.

It’s noteworthy that SEI’s recent successes are attributed to its innovative blockchain technology, reputed validators, and support from the Sei Foundation.

Shiba Memu presale: closing in 10 days

While SEI makes waves, another cryptocurrency project, Shiba Memu, is making headlines with its ongoing presale. Shiba Memu’s…

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