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See the live Sei price in USD. Buy Sei or add it to your Crypto Strategy.

Sei

SEI

SEI to USD Price

$0.3557

Sei Market Cap

$1.08B

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SEI USD price chart / performance

SEI USD price chart / performance

From
Jun 16, 2024
To
Jun 23, 2024
Past performanceis not indicative of future results. USD ($) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Returns

Return (24h)
-0.35%
Return (7D)
-14.39%
Return (1M)
-33.54%
Return (1Y)
N/A

My Investment

My Investment

Profit Taken
$0.00
0.00%
You Have:
$0.00
Unrealised P/L
$0.00
0.00%

Sei (SEI) History and Overview

Sei (SEI) History and Overview

Sei is a layer-1 blockchain rooted in the Cosmos ecosystem that's redefining the landscape of digital asset trading, particularly within the decentralized exchange (DEX) sphere. Its core mission is to blend the efficiency and speed of centralized exchanges with the foundational principles of security and decentralization inherent to blockchain technology.

Unlike centralized exchanges, which often have limited service offerings, Sei stands out with its asset and application-agnostic approach. This versatility enables access to a myriad of tokens across various blockchain applications within its ecosystem, facilitating seamless trading across diverse sectors like decentralized finance (DeFi), non-fungible tokens (NFTs), and Game Finance (GameFi).

Sei's emergence is timely, considering the explosive growth and challenges in the crypto space post the 2021 boom. The existing layer-1 and layer-2 infrastructures have struggled to keep pace with the burgeoning demand, a gap Sei aims to fill. The platform addresses the ‘Exchange Trilemma’ which encapsulates the challenges faced by decentralized applications (dApps) in maintaining security, efficiency, and decentralization.

Sei's innovative solution leverages the Twin Turbo consensus mechanism, a combination of the Cosmos SDK and Tendermint Core, to offer decentralized trading apps the necessary speed, security, capital efficiency, and decentralization. This approach ensures a seamless user experience akin to Web2 applications, without compromising on trustless and permissionless transactions.

In terms of performance, Sei outshines established blockchains like Bitcoin, Ethereum, and Solana. With a transaction finality of just 500 milliseconds, it offers a highly scalable protocol for rapid digital asset trading. This speed advantage is crucial in addressing issues like front-running and maximal extractable value (MEV), which have plagued decentralized exchanges.

Sei's primary aim is to address the limitations of general-purpose layer-1 blockchains in supporting DEX platforms, particularly in terms of throughput and network congestion. By focusing on trading-specific infrastructure, Sei offers a scalable template for various dApps and DEX platforms, enhancing performance without sacrificing security or interoperability.

The platform's native token, SEI, plays a pivotal role in its ecosystem. With a total supply of 10 billion tokens and an initial circulating supply valued at $2.30 billion as of January 2024, SEI is integral to the platform's operation. It serves as the payment method for transaction fees, a staking mechanism for network security, and has been listed on major exchanges, experiencing significant value surges since its debut.

How To Buy Sei or Add it to your Strategy

The fastest, most convenient way to purchase Sei is to purchase it on ICONOMI. We check Sei live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Sei by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Sei is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Sei, we recommend you read the next section, as copying might be a better approach.

Add Sei to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Sei in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Sei SEI. See all Sei price predictions in real time and make the best use of their crypto knowledge.

Stable WCI
12 Jun, 2024

Fantastic run from $ROSE. We have to sell something and buy cheap $SEI 😊

4 people like this
Avatar
@MomenJaradat
10 Jun, 2024

I conducted another study using a different method to reduce potential dilution risks and extract information directly from the market.


I took a larger sample of 200 assets based on market size, excluding stablecoins, from CoinMarketCap.


I calculated the ratio of Fully Diluted Market Cap / Market Cap.

Then, I calculated the average of this ratio.


I found that more than 75% of the assets had a ratio lower than the average, which was 1.92.


This means any asset with a Fully Diluted Market Cap to Market Cap ratio higher than 1.92 could be considered as having potential dilution risks.


You should review it better.

There are a lot of outliers

$APT $FIL $ARB $SUI $OP $TIA $PYTH $STRK $FET $SEI $JUP $DYDX $OCEAN $RSR


https://www.iconomi.com/user/MomenJaradat?postId=53d8c65d-4dc8-4fd2-8156-12634ce9eba2

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2 people like this

We are entering the second hype cycle for altcoins this year as highlighted in the chart down below. Which means altcoins should outperform Bitcoin in the coming weeks. 


Each crypto cycle has its trends and memecoins are the dominant force of this bull run which have yielded the best returns. Therefore I decided to dedicate a big portion of our funds to them. 


May the pump be with us.


$PEPE $BONK $WIF $DOGE $SOL $SEI $IMX

Post image
5 people like this

Great day for our low cost Schillebeeckx Strategy. Up 8%.

$BTC is leading the way, but our favourite alts like $RUNE $INJ $SOL and $SEI are flying even higher.

5 people like this
Stable WCI
2 May, 2024

Adding $SEI here.


"$SEI is a blockchain specifically designed for trading, with a focus on speed, scalability, and security. Sei offers faster, more efficient transactions than many other platforms by using on-chain order books instead of automated market makers, setting it apart in the DeFi space."


It has been underperforming the last few months. I believe now it's time to reverse finally. It's a long term holding!

5 people like this

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Sei Price FAQ

What Is the Highest Price of Sei (SEI) in USD?

Sei (SEI) price history shows the highest value of 1.05 USD . We recorded this price on March 16, 2024, but we cannot exclude that a higher price was registered before January 29, 2024.

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