SEI has factored in a significant surge of 11.73% in the last 24 hours.
Trump’s World Liberty Financial purchased 4.89M SEI tokens in the past day. The crypto market is combating a weekend slump in the last 24 hours. Although, prices have remained slightly towards the bullish end. Meanwhile, the Wall Street Journal introduced a report stating that Binance founder CZ has given evidence against Justin Sun to the DOJ. The Tron founder negated these claims and stated that he admired CZ.
Meanwhile, Donald Trump’s DeFi project, World Liberty Financial made a crucial altcoin purchase. The said altcoin is SEI which has then experienced significant upward movements. In the last 24 hours, SEI has factored in a price increase of 11.73%, particularly after WorldFi’s purchase in the morning.
In the Asian evening hours of April 11, the altcoin was trading at a low of $0.1523. However, as bullish candles sparked it has currently risen to the $0.16 level. At the time of writing, SEI was trading at $0.1706 as per CMCdata.
Zooming out, into the past week, SEI depicts a modest price increase of 3.76%. After the past week’s downward movement, the altcoin’s past day surge has caused its significant recovery. On the other hand, according to Lookonchain reports, World Liberty Financial purchased 4.89M SEI tokens in exchange for USDC.
Will SEI Sustain the Positive Momentum?
On analyzing its technical indicators, SEI shows mixed signals. Its Moving Average Convergence Divergence (MACD) signal line stands above the MACD line. This indicates a long-term negative environment in the token. However, its RSI value stands at a neutral 69.51 as per TradingView data.
SEI/USDT 4H Price Chart (Source: TradingView)
This highlights that investors hold a positive sentiment about the token. If the altcoin manages to hold on to this surge, then it can be expected to see an incoming bullish trend and reverse the bearish outlook depicted by its MACD indicator.
Moreover, the WorldFi project previously purchased SEI in March 2025 causing a similar rally at the point of time. Additionally, similar to SEI, the XDC Network also saw significant upward movements in the last 24 hours.
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