Sei (SEI) Faces Double-Digit Losses Amid Crypto Market Slump

Quick Summary:

Remarkably, Sei’s TVL has grown exponentially year-to-date from its top DeFi projects led by Yei Finance, and Dragon Swap.

However, the SEI price could find a solace around 33 cents, if the buyers exceed the on-chain sellers.

Additionally, the altcoin has retraced back below the 200-day Moving Average (MA), suggesting the bulls have lost ground.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Price Analysis News Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 09:54:11 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 325 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22864609

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Main Topics: Crypto

Official Website: coinpedia.org

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Headquarters: United States

News Last Updated: 9 hours ago

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