November 27, 2023

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SEI Token Skyrockets 80% in 2024: What's Fueling The Surge?

January 3, 2024

Sei tokens surge to an all-time high of $0.80 in 2024, marking a remarkable 700% increase from its 2023 low.

Skyrocketing Price

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Sei establishes itself as a sought-after cryptocurrency with a current market value surpassing $1.7 billion.

Crypto Stardom

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Sei tokens make a significant impact in the futures market, with open interest exceeding $160 million shortly after their August launch.

Futures Market Impact

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Carbon Neutral Pledge

Sei's success coincides with its commitment to carbon neutrality, underscoring the growing emphasis on sustainability in the crypto space.

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Recent Price Surge

Sei's price sees a 20% increase in the last day, reaching $0.76, with a notable 80% weekly rise, indicating strong momentum.

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Binance Launchpool Dominance

Launched via Binance Launchpool, Sei quickly becomes the largest crypto in the ecosystem, sharing space with major participants like Pendle and Klaytn.

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DeFi Applications Driving Growth

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Sei's DeFi apps, including Astroport, Levana Perps, Fuzio, and White Whale Dex, propel growth. TVL: $6.39M, with an impressive DeFi TVL to market cap ratio of 266.