World Liberty Fi, a project linked to US President Donald Trump, has purchased SEI tokens, worth at least $775,000. The investment has triggered excitement among SEI enthusiasts. Notably, the SEI market has recorded an impressive surge of 7.8% in the last 24 hours. In the last one hour alone, the market has climbed by nearly 3.4%. Here is what you should know.
Trump’s World Liberty FI Makes Crypto Move
World Liberty Fi is a project controlled by the Trump family. Since the inauguration of Donald Trump as the US president, the project has gained immense attention.
Currently, the total value of the project’s holdings sits at $101,084,073.28. In the last 24 hours, it has witnessed a change of +1.18%.
According to data published on the Arkham platform, World Liberty Fi has brought SEI tokens, valued at $775,000. The purchase has been made using USD Coin.
However, on April 6, strong buying pressure emerged in the SEI market. On that day alone, the market grew by over 10.52%.
Even though sellers regained control of the market on April 10, they were only able to cause a small correction of 4.11 – far lower compared to April 6’s massive growth.
In the last 24 hours, the SEI price has witnessed a rise of 7.8%. In the last one hour alone, the market has climbed by 3.4%.
In conclusion, Trump-affiliated investments in SEI could trigger increased confidence in the project, especially from institutional investors. If World Liberty FI continues its crypto activity, SEI might experience stronger demand and visibility in the coming weeks. However, broader market conditions and global sentiment will still play a key role in determining the long-term performance of the token.
