Created by software developers Jeffrey Feng and Jayendra Jog in 2023, Sei Crypto Network is primed to be the next Solana this cycle.
Armed with the Cosmos SDK and $120 million in venture cash, it’s geared to attract top developers as platform that scales DeFi, GameFi and Web3 as a whole.
Investor confidence is on the upswing for SEI and here’s why it should be on your radar ASAP as a 10-100x play.
Technical Indicators Point to Recovery for SEI Crypto
As it stands, SEI crypto is trading at $0.2887 with an RSI that is creeping upward but still under bearish pressures.
The buying momentum is rising, and the selling pressure is easing.
SEI stands at a critical juncture. Breaking past $0.3090 could propel it to $0.3952, salvaging ground lost in a recent 43% nosedive.
If it can’t break past resistance, SEI will be trapped between $0.3090 and $0.2265 for the short term, stalling any real recovery. Converting $0.3090 resistance into support is the linchpin for SEI’s rise.
Evaluating Speed: Is Sei Crypto the Fastest Blockchain?
By March 2024, Sei was on fire, hitting an all-time high of just over $1. Come May, a 25% jump—driven by a detailed three-phase roadmap for the ‘parallelized EVM’ v2 upgrade—showed the fire’s far from out.
Sei Network claims the crown for the fastest blockchain, hinging on its ‘time to finality’ (TTF).
At under 400 milliseconds, it’s a speedster compared to Bitcoin’s 15 minutes and Ethereum’s two minutes. Fast finality and high TPS make Sei an undeniable force.
Bigger Rise Than Sei? Shiba Shootout
Shiba Shootout is another play, just like Sei to have a 10-50x run this bullrun.
Shiba Shootout is rewriting the meme coin playbook, bringing the Wild West to crypto with meme duels, crypto poker, and play-to-earn games.
Closing in on $1 million in presale tokens, Shiba Shootout is just saddling up and is revolutionizing with community events, wild contests, and gameplay that’s anything but mundane.
🌵🤠 Join #ShibaShootout! Battle as a Shiba cowboy in the crypto Wild West and win big!
Ready for the adventure? 💰⚔️ pic.twitter.com/2cytvU2Bg2
— shibashootout (@shibashootout) August 7, 2024
Shiba Shootout embodies community spirit and innovation, leading the charge in the meme coin world with a player-centric, dynamic experience.
Get in on SHIBASHOOT – ‘cause it’ll be the last Shiba standing when the dust settles!
EXPLORE: AI Narrative Back As FET Crypto and TAO Crypto Most Searched: Top 5 Crypto AI Coins to Buy in August
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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