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The Sei price has pumped by 204% in a month to trade at $0.75 as of 12:25 a.m. EST.
The surge can be attributed in part to SEI’s EVM Blockchain update, which has since seen increased engagement on the token.
Sei v2: Parallelizing the Ethereum Execution Environment
Sei v2 is poised to become the first parallelized EVM blockchain. This major proposed update from Sei Labs aims to deploy a backward compatible Ethereum execution environment integrated into Sei’s core binary, inheriting… pic.twitter.com/6bfYeVsBLX
— Sei 🔴💨 (@SeiNetwork) November 29, 2023
Sei Price Prediction
Based on an in-depth analysis of 1-hour SUI/USDT charts, bulls control the token, as several indicators point out. The 50-period moving average has exceeded the 200-period moving average to form a golden cross, showing buying pressure on the token.
The Average Directional Index (ADX), used to gauge market trends, is moving north, suggesting a solid bullish trend on SEI. The Awesome Oscillator (AO), also used to gauge trends, is moving north with green histograms, backing the bullish prospects on the token.
The SEI price is now moving within range, leaving the prospects of a bullish breakout open should bulls bridge past the resistance level.
1 hour SEI/USDT chart | Source: TradingView
Meanwhile, as the Sei price records impressive stats over the month, Bitcoin Minetrix is emerging as another option for investors seeking turbocharged gains as the projects now rank among 2024’s top presales. With a massive $8.4 million already secured in BTCMTX’s token presale and racing towards the targeted $9.1 million, the overwhelming support from investors is apparent.
BTCMTX Poised To Benefit From The Impending Halving
Bitcoin Minetrix introduces a groundbreaking approach to mining that eliminates the need for expensive specialized equipment, consequently reducing mining expenses and hassle.
#BitcoinMinetrix shines with its budget-friendly features.
Eliminating the need for hardware costs, it provides a cost-efficient method for mining. 🧰
Mining participation becomes hassle-free and economical as users can engage without the weight of physical equipment. pic.twitter.com/QmRG2WJZcB
— Bitcoinminetrix (@bitcoinminetrix) January 14, 2024
In this revolutionary cloud mining paradigm, exclusive benefits are bestowed upon gas token holders, fostering ecosystem engagement through equitable distribution of advantages.
Investors can stake BTCMTX coins, priced at $0.0128 each, potentially yielding substantial gains.
Renowned cryptocurrency researcher Jacob Bury anticipates a tenfold increase in the value of BTCMTX upon its debut, adding to the project’s allure.
Bitcoin Minetrix positions its investors for substantial rewards as the platform gears up for the approaching halving event in April. Industry experts foresee a surge in the Bitcoin price driven by the halving, further enhancing the appeal of this investment.
However, a price increase is due in less than a day, which means investors keen on acquiring BTCMTX tokens should act swiftly to secure their position.
Bitcoin Minetrix accepts various payment methods, including bank cards, Ether, and Tether.
Visit and buy Bitcoin Minetrix here.
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