This Altcoin Jumped While Bitcoin Exceeded $38,000! Will the Rise Continue?

He is generally known for his hawkish attitude and is known as the third most hawkish member of the FOMC. Fed member Christopher Waller After yesterday’s dove statements Bitcoin And altcoins got excited.

at this point BTC as it rises above $38,000 again, wider cryptocurrency Optimism continues to dominate the market.

While altcoins were on the rise along with BTC, some altcoins managed to attract the attention of investors with their tremendous rise.

Looking at these altcoins, they are at the top Sei (SEI) It was seen to be.

According to data from CoinMarketCap, SEI experienced a massive jump overnight, rising as much as 36%.

With this increase, it rose to $0.299. SEIAt the time of writing, it continues to be traded at $ 0.281, with an increase of approximately 28%.

SEI Although it experienced an initial rise wave after its launch, it later faced headwinds and experienced sharp declines.

But the latest surge has been the most significant growth so far this year, with SEI extending its gains over the past seven days to 74%.

At this point, analysts commenting on the rise in SEI stated that there was no specific catalyst for the SEI network and that this increase was completely organic. Analysts also added that expectations remain that the upward momentum in SEI will be sustained.

With a 27% increase outside SEI Terra Classic (LUNC), Stacks (STX) with a 21% rise It is among the most profitable altcoins.

*This is not investment advice.

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