14h ago
you can only say this if you’re staring at the chart and not the chain.
people said the same about solana when it was at $8 saying “no news, no momentum.”
they just weren’t paying attention to what was actually building underneath.
sei looks the same right now.
• giga upgrade in devnet hitting 200k+ tps
• blackrock, brevan howard, and nomura already live through @KAIO_xyz
• circle mint and pyusd both on-chain
• 1m+ daily users and over $600m tvl
• $10b+ dex volume with dragonswap doing $4b alone over the past week
• projects like @yeifinance, @takaralend, @monacoonsei, @dragonswap_dex, @citrex_markets and @Featherlend amongst others are already shipping while many others are still in pre-tge except YeiFinance which had a very impressive launch
that doesn’t sound like a chain with “no story” to me.
it’s a chain preparing for the future and it’s still super early, so i get the drive.
try using @SeiNetwork once and you’ll see what i mean.
till then, remember that the market moves faster on sei ($/acc).
22h ago
$SEI is currently hanging around its support zone, but honestly, I can’t get too excited about it at these levels. There’s no strong news or catalyst from the outside, and the chart doesn’t really give that “it’s ready to bounce” feeling either. It just seems to be moving along with the overall market trend.
In times like this, if a coin doesn’t have its own story or narrative, it usually just drifts with the market’s momentum. Maybe it recovers in the long run, but for now, I don’t see the kind of momentum that makes me say, “yeah, this is a buy.
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