The sun was setting over the vast expanse of the crypto market, casting a warm orange glow over the calm waters. But amidst the peacefulness, a storm was brewing. Sei, a cryptocurrency that had been quietly gathering momentum, suddenly surged forward, its price skyrocketing 16% in a mere 24 hours. 🌟
As the news spread like wildfire, traders and investors scrambled to get in on the action. The rally, it seemed, had been triggered by SEI breaking out of a six-month-long descending broadening wedge pattern. And what a breakout it was! The cryptocurrency had recovered from its monthly low of $0.1596 on June 17, marking a 35% jump in just three days. 🤯
The surge had resulted in a 13% daily uptick in SEI’s market capitalization to around $1.18 billion. Trading volume had doubled in the past day, now standing at $268 million, indicating renewed investor interest. The people were hungry for a piece of the action, and SEI was more than happy to oblige. 🤑
Crypto analyst FOUR took to social media platform X to share his thoughts on the bullish breakout. “$SEI is gaining strong momentum and appears poised for a potential breakout toward the $0.80 mark,” he wrote. “Current market dynamics make this a compelling setup for breakout-focused traders.” 📊
$SEI is gaining strong momentum and appears poised for a potential breakout toward the $0.80 mark. Current market dynamics make this a compelling setup for breakout-focused traders.
— FOUR | Crypto Spaces (@X_Four_iv) June 19, 2025
Sei had been gradually gaining momentum over the past few months, supported by growing speculation around ecosystem growth. And though no official announcement had been made, the sudden spike in buying pressure and social media buzz suggested that a development update or partnership news could be on the horizon. 🤔
Crypto market watcher Viktor chimed in, “So what is the soon-to-be-announced news that an insider is twapping into on $SEI?” 🤷♂️
So what is the soon-to-be-announced news that an insider is twapping into on $SEI?
— VIKTOR (@thedefivillain) June 20, 2025
On the daily chart, SEI had broken above the middle line (20-day SMA) of the Bollinger Bands, with the price now testing the upper band. The bands were widening, suggesting an end to the previous consolidation phase. 📈
SEI price chart with RSI and Bollinger Bands | Source: Trading View
The RSI currently sat at 57.74, well in the overbought region. This indicated bullish momentum, though not yet at extreme levels. A move in RSI would further confirm strength. If SEI could hold above $0.21 and push through $0.25, the next resistance lay at $0.32. 📊
Meanwhile, the MACD line had crossed above the signal line, forming a bullish crossover. The histogram had turned green, supporting the case for a continued uptrend. 🌟
SEI price chart with MACD | Source: Trading View
As SEI eyed new highs, Snorter Token (SNORT) was quickly gaining traction in the utility-driven crypto space. The project centered on the Snorter Bot — a Telegram-integrated tool designed to streamline meme coin sniping and trading within the Solana ecosystem. 🤖
The Snorter Bot came equipped with advanced anti-scam detection, reportedly identifying honeypots and rug pulls with 85% accuracy. Holding the $SNORT token provided users with trading fee discounts, lowering them to 0.85% from the standard 1.5%. 💸
Token holders could also stake their assets and earn annual yields exceeding 487%, along with gaining access to community airdrops. Through the bot, users could perform snipes, track portfolios, and mirror the strategies of top traders — all from within Telegram, with no need for browser-based apps or external platforms. 📈
The team behind Snorter was conducting a crypto presale campaign, with the token currently priced at $0.0957. The presale price was expected to increase within a few hours, offering early buyers an edge before $SNORT’s listing on centralized exchanges. ⏰
So far, Snorter had raised over $1.12 million out of a $1.45 million presale target. 🤑
$SNORT Presale Snapshot:
- Blockchain: Solana (with multi-chain capabilities in development)
- Token: SNORT
- Funds Raised: $1.12 million
Current Price: $0.0957
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2025-06-20 16:31