The SEI token curated a tidal wave of speculations across the broader crypto market on Saturday, as the token’s price traded in the negative territory following a highly volatile movement over the past week. Amid the token’s price action, pro-XRP lawyer Bill Morgan shared an intriguing investment story orbiting SEI, garnering significant attention globally.

Meanwhile, according to market charts, the token’s price surged briefly past the $0.8 mark over the past seven days, amassing further attention. This piqued the interests of prominent crypto market enthusiasts across the globe, fueling speculations for the token’s price run shortly ahead.

Bill Morgan Spotlights SEI Investment

According to a recent post by Bill Morgan, dated January 20, the crypto market enthusiast bought SEI at a time when the token’s price went just over $0.20. Furthermore, he bought some more when the price neared $0.30, nabbing significant attention among crypto market traders and investors.

Meanwhile, the price volatility showcased by SEI in recent days birthed additional global inferences for the token. Furthermore, the token’s price movement today portrayed a significant downward trajectory. However, the token’s monthly charts further aligned with Morgan’s statements. Market data illustrates a staggering surge in the token’s price over the past month, coinciding with the crypto enthusiast’s SEI investment plans.

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SEI Price Report

As of writing, the SEI price showcased a substantial drop of 7.75% over the past 24 hours and is currently trading at $0.6621. Moreover, its weekly chart also illustrated a decline of 5.47%, further accompanied by a market cap and trading volume plunge.

However, monthly charts portray a phenomenal 81.97% upsurge, birthing additional inferences for the token.

Also Read: Justin Sun’s Huobi Announces Major Conversion From HT to HTX

The post Pro-XRP Lawyer Shares SEI Investment Story As Price Dips 8% appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am