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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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Analyst Predicts XRP Price To Reach $15, Here’s Why

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Crypto analyst Ali Martinez has provided a bullish outlook for the XRP price, predicting that it could still rally to as high as $15 in this market cycle. The analyst also revealed why XRP could record such a parabolic rally to this price target.

Why The XRP Price Can Reach $15

In an X post, Martinez stated that the XRP price can still reach $15. He noted that since January 2018, XRP has appeared to be forming a symmetrical triangle pattern, indicating a potential bullish continuation where every lower high the crypto has made creates a descending trendline at the top.

Meanwhile, every higher low created a rising trendline at the bottom. Now that XRP has broken out of the triangle, the analyst remarked that there is a chance that the crypto could keep rising to reach the $15 target.

This prediction comes just as crypto analyst Egrag Crypto predicted that the XRP price could rally to $10 in this market cycle. The analyst outlined bullish fundamentals such as the XRP ETFs, regulatory clarity, and growing adoption as the reasons why this price prediction is “reasonable.”

In a recent X post, Martinez highlighted XRP’s growing adoption, which undoubtedly presents a bullish outlook for the crypto. He revealed that the total number of XRP addresses just hit a new all-time high (ATH) of 6.87 million.

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Crypto analyst Mikybull Crypto also recently provided a bullish outlook for XRP. In an X post, he indicated that a massive run to a cycle top after the current consolidation could be imminent, just as it did in 2017. The analyst added that a rally to between $5 and $10 seems possible in this cycle.

Update On the Current Price Action

In an X post, crypto analyst CasiTrades noted that the XRP price just broke above $2.25, a key midline resistance, and is showing strong momentum as it heads towards the next major resistance at $2.37. She added that this level is critical because it marks the upper trendline of consolidation. According to her, a confirmed breakout above this level could signal the start of a larger move.

As to what could happen next, CasiTrades stated that she is watching out for a few possibilities. If XRP blasts through $2.37 with strength, she claimed that the crypto could rally toward $2.70 before a sharp rejection testing support.

The analyst also remarked that a slower approach would be reaching $2.37, flipping this into support first and then making a stronger push higher. If XRP fails to hold above $2.37, it could face a temporary rejection and remain in consolidation longer.

As a CoinGape market analysis noted, the XRP price is holding well above the $2 support as Ripple enters the Dubai market, which is a huge positive.

ImageImage

Meanwhile, CasiTrades stated that the macro trend remains fully valid and that this entire structure continues to look like the early stages of Wave 3 up. This impulsive wave could take XRP past previous all-time highs and toward the $8 to $13 range. In the meantime, the key levels to watch are the $2.25 support, $2.37 resistance, and the $2.70 major breakout level target.

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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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Solana Price Could Hit $3,800 if This Bullish Pattern Plays Out

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Solana price is gaining attention as analysts identify bullish technical patterns that could drive it to new highs. Analysts suggest that Solana ($SOL) is forming a cup-and-handle pattern, a bullish continuation structure in technical analysis. If confirmed, this pattern could push the altcoin to an ambitious price target of $3,800.

Solana Price Cup-and-Handle Pattern Hints at Possible Surge to $3,800

Technical analyst Ali Martinez highlighted on the X platform that Solana price is forming a cup-and-handle pattern. This formation consists of a rounded bottom (cup) followed by a brief consolidation (handle). If the price breaks above the resistance level at the cup’s peak, a strong upward move could follow.

According to Martinez, this setup could trigger a rally toward $3,800 if the breakout occurs. The cup-and-handle pattern is a well-known bullish signal in technical analysis, often leading to strong price movements. However, the breakout confirmation remains crucial for this potential rally to unfold.

Solana priceSolana price
Source: X

Adding to the bullish prediction, a recent CoinGape price analysis highlighted that the top altcoin could hit $4,000 if market conditions align with previous cycles. The analysis pointed to strong technical support at key Fibonacci levels and increasing institutional interest, which could fuel a parabolic rally.

Hidden Bull Divergence Signals Possible Recovery

Additionally, Javon Marks identified another bullish pattern for Solana price, confirming a Hidden Bull Divergence. This pattern forms when the price hits lower lows while the Relative Strength Index (RSI) registers higher lows. It suggests underlying buying pressure, despite the recent price pullback.

Marks projects that Solana price could recover to $270, representing a 107% gain from current levels. He also highlights $233.8 as a key resistance zone. A successful breakout above this level could set the stage for further gains, confirming the bullish momentum in the altcoin.

Solana PriceSolana Price
Source: X

If SOL price surpasses the $233.8 resistance, Marks predicts an upward move toward $457.97. This target would mark a 252% increase from current price levels. The altcoin’s bullish setup suggests that clearing this resistance could act as a catalyst for continued growth.

At press time, Solana price is trading at $132, marking a 8% increase in the past 24 hours. The top altcoin market cap has surged to $67.28 billion, while the 24-hour trading volume has hit $3 billion. This bullish momentum suggests growing investor confidence, potentially setting up SOL for a further breakout in the short term.

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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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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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