The altcoin project Sei Network, which has recently been listed on major stock exchanges, has attracted attention with its astronomical rise. The project token, which was listed by the major exchanges of the industry such as Binance, Bybit, Coinbase and Bitget, brought big gains in one day.
According to CoinMarketCap data, altcoin SEI, which is trading at $0.22, has gained 2664% in the last 24 hours. The new altcoin project quickly made its way into the top 100 cryptocurrencies by market capitalization.
The cryptocurrency ranked eighth in the daily trading volume ranking after Ripple (XRP) and Binance USD. The token, which has been listed on major exchanges, surpasses its major rivals such as Shiba Inu, BNB and Litecoin.
What is Sei Network? What Does It Do?
Sei Network is a large-scale blockchain project designed for DeFi startups. The project operating on Cosmos promises low-cost, fast and secure transactions to developers and individuals. Altcoin project; It aims to host various applications such as decentralized exchanges, NFT marketplaces and DeFi protocols.