The main reason for Sei’s trend is because of the airdrop being confirmed by the Sei Foundation via their official Twitter handle. After that, the noise on Twitter keeps increasing day by day as well as in Discord, Facebook, etc.
Yes 3% of their token supply is allocated to community airdrop but all this will not be distributed at once and there will be multiple season for distribution. First airdrop will be givens to testnet users. Unfortunately i missed this airdrop as 25 transaction was required and I leave this airdrop. distribution is not started yet and claiming will be start soon.
What’s your price speculation for this one guys? Would like to hear some opinions here. Thanks!
The opening was unexpectedly very low and i was lucky one ti to buy at 0.178$ and sold at 0.27$ and made 100$ profit in 24 hours. Liquidity is 10 billion and community reward has not been given so i think price will be below 0.3$. I think below 0.2$ is good to buy because token is still new. If Sei team announced some big partnerships and other staking program then i believe that price will rise.