SEI Volume Surpasses $1 Billion in 24 Hours: Koreans Horde Token
The digital asset world is buzzing! In a resounding display of market strength, SEI, the digital token poised for prominence, has witnessed a staggering trading volume of $1.098 billion within the past 24 hours. This incredible surge positions SEI as a major player in the cryptocurrency landscape.
The SEI trading volume on day one reached $1.14 billion, according to CoinGecko data, with South Korean-based Upbit and Binance leading the pack. This impressive feat was largely driven by South Korean-based Upbit and Binance. The aggregate trade volume of the SEI token was greater than $1 billion in the daily timeframe.
Korean Crypto Traders Fuel SEI's Massive Volume
A significant portion of this unprecedented trading activity originates from South Korea. Nearly half of the token’s trading volume came from Korean crypto traders, leading to the characterization that Koreans are 'hording' the token. Chinese Journalist Colin Wu brought to light that around half of the SEI trades took place on Korean exchanges, highlighting their significant influence on the SEI market.
Binance's Role in SEI's Explosive Growth
Binance also played a crucial role in SEI's success. On Binance, $240 million worth of SEI tokens exchanged hands, making it one of the most actively traded assets on the platform. Binance saw $240 million worth of SEI tokens exchanged, making it one of the most.
SEI's Market Valuation Soars
The token’s trading volume hit $1.3 billion with a fully diluted valuation of $2.7 billion in 24 hours. The aggregate trade volume of the SEI token was greater than $1 billion in the daily timeframe. Chinese Journalist Colin Wu brought to light that around half of the SEI.
The immense interest in SEI suggests strong confidence in its underlying technology and future potential. Keep up with the latest SEI news and updates to stay informed about this rapidly evolving cryptocurrency.