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SEI Price Jumps 7.3% As World Liberty Financial Loads Up 541,242 Coins

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Donald Trump’s DeFi project World Liberty Financial continues fresh crypto, acquiring another 541,242 SEI coins. This news was enough to push the SEI price up by 7.3% while the broader crypto market consolidates. The recent acquisition comes despite the Trump portfolio for digital assets sitting on a $124 million loss.

SEI Price Rallies After Donald Trump’s DeFi Project Investment

Amid the week of strong crypto market correction, the SEI price has bounced back from the bottom of $0.18, thereby gaining an additional 7% today, and inching closer to $0.20 levels. Also, the daily trading volume for SEI has shot up by 17% to more than $127 million, showing a strong bullish sentiment for the altcoin.

The recent SEI price pump comes as Donald Trump’s blockchain-focused venture, World Liberty Financial, has made another significant investment, purchasing 541,242 SEI tokens for $100,000 USDC at an average price of $0.185, as data from Spot On Chain.

The project’s total SEI holdings now stand at 1.089 million tokens, acquired at a cumulative cost of $225,000. However, due to the recent market fluctuations, their current value has dropped slightly to $207,000. The Trump portfolio, which holds a total of 9 crypto tokens, is currently sitting at a cumulative loss of $124 million on its investment value of close to $340 million.

Source: LookonChain

On the technical chart, SEI price is positioning for a potential short-term breakout from its descending triangle pattern on the hourly chart. A decisive rebound from key resistance zones could trigger a substantial price movement.

Source: TradingView

World Liberty Financial on Crypto Buying Spree

Despite the broader crypto market downtrend since late February, World Liberty Financial has aggressively expanded its crypto portfolio, investing $21.6 million in prominent assets such as Ethereum (ETH), Wrapped Bitcoin (WBTC), Move (MOVE), and SEI.

Last week itself, it added the Donald Trump’s DeFi project invested $10 million each into Ethereum (ETH) and Wrapped Bitcoin (WBTC).

In February, World Liberty Financial unveiled its new Macro Strategy Reserve, a strategic initiative aimed at fortifying its presence in the cryptocurrency sector. The Reserve focuses on diversifying WLFI’s holdings across a range of digital assets to provide financial stability. By spreading investments, the reserve seeks to mitigate market volatility while ensuring the platform’s long-term resilience and sustainability in the evolving crypto landscape.

Recent Partner With Sui

The Donald Trump’s DeFi project also announced its recent partnership with Sui on key development opportunities. As part of this partnership, it will also build a strategic SUI reserve.

Evang Cheng, a founding contributor to Sui, stated that the synergy between Sui’s cutting-edge technology and WLFI’s ambitious vision could revolutionize the way assets are stored and utilized globally.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Can Pi Coin Price Hit A New ATH As Pi Network Celebrates Pi Day?

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The Pi coin price currently boasts a bullish outlook with the Pi network’s celebration of the Pi day today, which has again highlighted the strength of the Pi community. Amid this celebration, analysts have predicted that the coin could soon hit a new all-time high (ATH).

Can The Pi Coin Price Hit A New ATH Amid Pi Day Celebration

In an X post, crypto analyst suggested that the Pi coin price could soon hit a new ATH amid the Pi network’s Pi Day celebration. This came as the analyst highlighted a Head and Shoulders pattern that could soon spark a parabolic rally for Pi.

ImageImage

The analyst’s accompanying chart showed that the coin could rally to as high as $3.6 when this parabolic rally occurs. A rally to this price level would mark a new ATH for the Pi coin, whose current ATH is $2.98.

Crypto analyst Bitcoin Buddha also recently predicted that Pi could reach as high as $10. He noted that the coin is one that stands in the crypto market as it is truly community-owned. The analyst then raised the possibility of Pi listing on Binance soon.

ImageImage

Bitcoin Buddha remarked that over 253,000 community members have voted for the top crypto exchange to list the coin. If that happens, he asserted that the Pi coin price could reach between $5 and $10.

Pi coin is currently buzzing and gaining a lot of attention, especially with the Pi network’s celebration of the Pi coin today. The crypto analytics platform CoinGecko revealed that the coin is leading the pack among the top trending coins.

ImageImage

Meanwhile, as CoinGape reported, Pi coin already surged about 20% two days ahead of the Pi day today. This rally was fueled by optimism and speculation about potential announcements, including a possible Binance listing of Pi Coin.

Grace Period Officially Ends

As the Pi coin price eyes a new ATH, it is worth mentioning that the grace period for both KYC and Mainnet migration has ended. The team yesterday announced that the community members had to complete both their KYC and Mainnet migration by 8 am UTC on March 14 to avoid forfeiting most of their Pi other than Pi mined.

In an earlier CoinGape report, Pi network token holders were cautioned to be keen on the KYC and migration deadline on Pi Day to avoid losing their coins. Token holders also have to pay attention to the concerns around decentralization, which could impact investor confidence in the project after the hype around Pi Day ends.

Meanwhile, the delay in major exchange listings could also lead to bearish momentum for the Pi coin price. This is something which token holders also have to be mindful of. Bybit CEO Ben Zhou already revealed that his exchange has no plans to list Pi.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Dogecoin Price Nears Key Support as Analysts Predict Rally To $20

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Dogecoin price is drawing increased market attention as it hovers near a critical support level. Analysts suggest that the current price range between $0.15 and $0.17 could represent the final opportunity for investors to buy before a potential breakout. Technical indicators point toward a bullish setup, with analysts predicting a long-term price target of $2.77. Others have proposed an even more ambitious projection of $20, assuming DOGE maintains its multi-year ascending trendline.

Can Dogecoin Price Surge to $20?

Dogecoin price is presently hovering around the support level of $0.15 up to $0.17 as the technical indicators hint to an over-sold area for the crypto asset. The RSI on the three-day chart has dropped to very low levels which in the past have pointed to a reversal in the price. Analyst note that this level may be useful for the formation of an upward trend, should it hold in place.

Ali Martinez pointed out that Dogecoin price remains within a long-term ascending channel. According to his analysis, maintaining the $0.16 support level could lead to a substantial rally. If the price follows past trends, it may reach $2.77 based on Fibonacci extension projections. This would mark a new all-time high for the meme coin.

Source: X

DOGE PriceDOGE Price
Source: X

Other analysts suggest that if Dogecoin continues its multi-year trend and Bitcoin remains strong, DOGE could rally beyond $2.77. Some projections indicate a potential surge to $20 if the market cycle mirrors previous bull runs. However, maintaining support at the current levels is crucial for the top meme coin.

Historical Patterns Suggest a Meme Coin Rally

Additionally, Dogecoin price has historically followed a pattern of extended accumulation phases followed by strong parabolic rallies. Trader Tardigrade’s analysis outlines a cyclical trend where DOGE consolidates for an extended period before a meme coin rally.

Past breakout cycles have shown that Dogecoin price tends to surge after reaching oversold conditions during consolidation periods. The analyst highlights three previous breakout points, with the first occurring in 2017 and the second in 2021. Both instances led to rapid price increases as market sentiment shifted.

DOGE priceDOGE price
Source: X

The current phase of accumulation, marked by strong on-chain activity and increasing trading volume, resembles these previous breakout patterns. If DOGE price follows its historical trend, it could soon enter another bullish phase.

Analysts Project $4.50 as a Possible Target

Another perspective on Dogecoin’s future price movement comes from its logarithmic growth trajectory. Based on historical patterns, DOGE has consistently formed higher peaks after each major rally, following a long-term logarithmic trend.

Trader Tardigrade’s projections indicate that if Dogecoin repeats its past cycle, it could reach approximately $4.50. The analysis suggests that if the current accumulation phase ends similarly to previous cycles, the next rally could push DOGE toward new price milestones.

Supporting the bullish meme coin rally prediction, a recent analysis revealed that Dogecoin price has reached a key support level, historically signaling a reversal. On-chain metrics indicate that the meme coin is following a macro trend within an ascending channel, suggesting that the recent dip may have marked the bottom.

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Ronny Mugendi

Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BTC Slips Below $82K; Altcoins Flux; TRUMP Soars 10%

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The crypto market today (March 14) has again pushed investors on their toes, showcasing fluctuations. Bitcoin (BTC) price slipped below $82K as of early Asian hours on Friday. Whilst, Ethereum (ETH) and Solana (SOL) prices were also trading in the red zone. However, XRP price gained alongside Ripple’s latest advancements in Dubai while TRUMP emerges as the top market gainer.

Here’s a brief report consisting of the top crypto by market cap and how their prices are delivering in the market.

Crypto Market Today: BTC & Alts Continue Facing Market Pressure

The global crypto market lost nearly 1.3% today, as indicated by a diminished market cap of $2.68 trillion. Further, it’s notable that the market action again turned bearish despite cooling inflation in the U.S., per the latest CPI report. Traders and investors reflect a panic-stricken sentiment over risk assets at the moment, primarily due to macro heat.

BTC Price Slips Below $82K

As of press time, BTC price witnessed a decline of over 2% and exchanged hands at $81,998. The flagship crypto’s 24-hour low and peak were $79,931.85 and $84,158.76, respectively. Bitcoin recorded liquidations worth $78.88 million over the past day (Coinglass data), which may be bringing some volatility to the price. Also, BTC’s market dominance slipped by 0.51% to 60.80%, indicating that altcoins are in a better position.

ETH Price Slips Marginally

ETH’s price witnessed a slight 0.3% dip as of press time and closed at $1,888. The second-largest coin by market cap hit a low and a peak of $1,823.53 and $1,919.69 in the past 24 hours. Ethereum recorded only $37.27 million worth of liquidations over the past day. Simultaneously, ETH’s market dominance remained shrunk at 8.5%, indicating other altcoins leveraging gains.

XRP Price Jumps 2%

XRP price witnessed gains worth 2% in the past 24 hours and closed in at $2.28. The coin bottomed and peaked at $2.22 and $2.34 intraday. Intriguingly, Ripple’s XRP price soars alongside a major development in Dubai. Ripple recently secured a DFSA license, expanding in Dubai’s $277B market whilst global pushes for ETF approval continue.

Solana Price Falls 1%

However, SOL price also sank in tandem with the broader market trend today, down nearly 1% to $124. Its 24-hour bottom and peak were registered as $120.91 and $128.16, respectively. Solana recorded slight liquidations worth $8.61 million in the past 24 hours.

Meme Crypto Market Today

Simultaneously, Dogecoin (DOGE) price fell by 2% intraday and exchanged hands at $0.1680. Also, Shiba Inu (SHIB) price saw a 0.5% decline, reaching $0.00001227. Pepe Coin (PEPE) also followed, slumping 7% to $0.000006797.

Top Crypto Market Gainers Today

Official Trump (TRUMP)

Price: $11.81
24-Hour Gains: +12%

Kava (KAVA)

Price: $0.4681
24-Hour Gains: +8%

Sonic (S)

Price: $$0.5004
24-Hour Gains: +7%

Top Crypto Market Losers Today

Story (IP)

Price: $5.72
24-Hour Loss: -9%

Ethena (ENA)

Price: $0.3351
24-Hour Gains: -8%

Movement (MOVE)

Price: $0.4477
24-Hour Gains: -6%

Overall, the crypto sector has again taken a bearish movement after sparking hope with a rising trajectory yesterday. With Trump’s tariffs saga bringing immense macro heat, risk assets continue to face global pressure despite optimistic advancements like the U.S. strategic Bitcoin reserve announcement.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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