Flow

Coin

<ul class="news-points"> 
 <li>SEI reached $0.29 after spot trading on the Upbit exchange increased</li> 
 <li>If rising volume continues to follow the price uptrend, SEI may breach $0.30</li> 
 <li>Open Interest around SEI increased, suggesting bullish sentiment behind the price action</li> 
</ul> 
The native token of Layer-1 (L1) blockchain <a href="https://coinedition.com/pseudo-anonymous-crypto-trader-predicts-sei-token-will-rally-soon/">Sei (SEI)</a> increased by 30.93% in the last 24 hours, CoinMarketCap <a href="https://coinmarketcap.com/currencies/sei/" target="_blank" rel="nofollow">data</a> showed. As a result, SEI’s price hit a new all-time high (ATH) of $0.29. The recent rise in the value brought the 30-day performance of the cryptocurrency to a 156.44% hike. 
One reason the price of SEI increased was because of its trading volume on the South Korean exchange Upbit. Previously, specifically on August 14, Upbit <a href="https://upbit.com/service_center/notice?id=3683" target="_blank" rel="nofollow">announced </a>that it had listed the token. At that time, trading of the token against the South Korean Won (KRW) increased. 
<h3 class="wp-block-heading" id="h-upbit-s-funds-flow-into-sei">Upbit’s Funds Flow Into SEI</h3> 
After some time, the hype fizzled out. However, according to CoinMarketCap data, SEI’s 280% increase in trading volume was mainly because of the rising spot volume around the cryptocurrency on Upbit. To be clear, SEI’s trading volume on Upbit was almost $400 million, representing more than 50% of the entire $789.39 million volume. 
At pres…
The post <a href="https://coinedition.com/sei-jumps-30-in-one-day-hits-new-ath-as-asian-volume-troop-in/">SEI Jumps 30% In One Day, Hits New ATH as Asian Volume Troop In</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

SEI Jumps 30% In One Day, Hits New ATH as Asian Volume Troop In

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