Bitcoin
Bitcoin (BTC)
$103,546.00 -2.00897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.57 -1.9979
Ethereum price
BNB
BNB (BNB)
$684.39 -3.1351
BNB price
Solana
Solana (SOL)
$246.75 -8.3145
Solana price
XRP
XRP (XRP)
$3.16 -1.82752
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000206 -5.48954
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000016 -9.72251
Pepe price
Bonk
Bonk (BONK)
$0.0000309 -19.39393
Bonk price
dogwifhat
dogwifhat (WIF)
$1.42 -17.65633
dogwifhat price
Popcat
Popcat (POPCAT)
$0.420699 -29.70562
Popcat price
Bitcoin
Bitcoin (BTC)
$103,546.00 -2.00897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.57 -1.9979
Ethereum price
BNB
BNB (BNB)
$684.39 -3.1351
BNB price
Solana
Solana (SOL)
$246.75 -8.3145
Solana price
XRP
XRP (XRP)
$3.16 -1.82752
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000206 -5.48954
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000016 -9.72251
Pepe price
Bonk
Bonk (BONK)
$0.0000309 -19.39393
Bonk price
dogwifhat
dogwifhat (WIF)
$1.42 -17.65633
dogwifhat price
Popcat
Popcat (POPCAT)
$0.420699 -29.70562
Popcat price
Bitcoin
Bitcoin (BTC)
$103,546.00 -2.00897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.57 -1.9979
Ethereum price
BNB
BNB (BNB)
$684.39 -3.1351
BNB price
Solana
Solana (SOL)
$246.75 -8.3145
Solana price
XRP
XRP (XRP)
$3.16 -1.82752
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000206 -5.48954
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000016 -9.72251
Pepe price
Bonk
Bonk (BONK)
$0.0000309 -19.39393
Bonk price
dogwifhat
dogwifhat (WIF)
$1.42 -17.65633
dogwifhat price
Popcat
Popcat (POPCAT)
$0.420699 -29.70562
Popcat price
Bitcoin
Bitcoin (BTC)
$103,546.00 -2.00897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,346.57 -1.9979
Ethereum price
BNB
BNB (BNB)
$684.39 -3.1351
BNB price
Solana
Solana (SOL)
$246.75 -8.3145
Solana price
XRP
XRP (XRP)
$3.16 -1.82752
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000206 -5.48954
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000016 -9.72251
Pepe price
Bonk
Bonk (BONK)
$0.0000309 -19.39393
Bonk price
dogwifhat
dogwifhat (WIF)
$1.42 -17.65633
dogwifhat price
Popcat
Popcat (POPCAT)
$0.420699 -29.70562
Popcat price

SEI token skyrockets 91% in 7 days amid Circle investment

sei-token-skyrockets-91-in-7-days-amid-circle-investment
Edited by
Markets
SEI token skyrockets 91% in 7 days amid Circle investment

SEI, the layer-1 blockchain, witnessed a remarkable 91% surge in seven days, following a strategic investment from Circle.

Data from CoinMarketCap shows SEI has now surged 91.13% to $0.20. At the time of writing, the token also reported an increase of 14.79% in the previous 24-hour period.

SEI token skyrockets 91% in 7 days amid Circle investment - 1
SEI to USD Price Chart | Source: CoinMarketCap

Sei was launched by the ex-Robinhood engineer as the first sector-specific layer-1 blockchain specialized for trading. On Nov. 15, the company announced a strategic investment from Circle, the issuer of USD Coin, alongside the bridged integration of the stablecoin onto its blockchain. 

With USDC being the second most widely used dollar-pegged stablecoin, the link between greater stability and liquidity for Sei becomes clear. It is one of the reasons for price gains for the token, which the community continues to see over a week after the announcement.

At the time of writing, several other tokens have also reported double-digit growth today, including Goldfinch with reported 50% gains. Gas, Klaytn, and Uniswap are also cracking CoinMarketCap’s list of top gainers.

This contrasts with Nov. 22 news that the altcoin market was seeing a downturn following news around the Binance settlement.