US President Donald Trump’s World Liberty Financial has purchased 541,242 SEI tokens for 100,000 USDC.
By Parth Dubey
Updated
2 mins read
US President Donald Trump’s decentralized finance protocol World Liberty Financial (WLFI) has bought 541,242 Sei (SEI) tokens for around $100,000, putting the altcoin on investors’ map.
WLFI’s move, coupled with strong market activity, has resulted in a notable price recovery for the digital currency.
World Liberty Financial bought the SEI tokens at an average price of $0.185 using 100,000 USDC coins. This investment comes even as WLFI’s crypto portfolio faces a substantial $124 million loss.
According to Arkham data, WLFI currently holds approximately $77.6 million in cryptocurrencies, including nearly 8,000 Ether (ETH), 14.8 million USDC, 162.69 WBTC, 5,000 stETH, and 40.7 million Tron (TRX) tokens
Furthermore, WLFI’s total holdings in Sei have now reached 1.089 million tokens, acquired for a total of $225,000. However, due to market fluctuations, the portfolio’s SEI value has dropped slightly to $207,000.
The recent SEI SEI $0.18 24h volatility: 16.6% Market cap: $884.31 M Vol. 24h: $180.61 M purchase resulted in a 7.5% surge in the cryptocurrency’s price, which currently trades at $0.1978, according to CoinMarketCap.
Also, amid a broader market correction, SEI is approaching the $1 billion market cap. The digital asset faces resistance at the 20-day Exponential Moving Average (EMA) which stands at $0.2204.
Technical indicators suggest that SEI could be poised for further gains with the Relative Strength Index (RSI) hovering around 38.78, indicating that the asset is nearing oversold conditions.
The gradient of the line suggests a surge in buying momentum and a rally toward the 20-day EMA resistance level is likely.
SEI is trading near the lower Bollinger Band, suggesting a potential reversal to the upside. If SEI breaks past the middle BB level ($0.2311), it could target the upper band at $0.2946.
Crypto analyst peblo.escobar has highlighted Sei’s fundamental strength, arguing that the market is underestimating its potential.
Sei’s Total Value Locked (TVL) has hit a new all-time high of $335.45 million, signaling strong adoption, according to DefiLlama data.
Notably, DeFi projects are increasingly migrating to Sei due to its speed, efficiency, and low transaction fees. Sei’s transaction volume is rising while fees are decreasing, making it more attractive for builders.
The market analyst noted that the upcoming Gigasec launch is expected to enhance Sei’s blockchain infrastructure.
Sei is also actively fostering innovation through grants and hackathons to support developers, added the analyst.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
