Sei
Bitcoin Price Bursts Above $45K; Sei Network’s SEI Token Rallies
"CoinDesk Daily" host Jennifer Sanasie takes a closer look at the latest headlines moving the crypto markets, including why the price of bitcoin (BTC) has started 2024 on a roll. Traders from Polymarket seem confident one or more exchange-traded funds (ETFs) that invest in bitcoin will go live in the U.S. within two weeks. Plus, the rise in popularity of EVM-compliant blockchains and the parallelization process is driving the growth of the Sei Network's SEI token.
Sei Blockchain's New Token Tumbles After Airdrop
Data from CoinGecko shows that the token of the just-launched layer-1 blockchain Sei has plunged after its airdrop, pushing the market cap to $314.8 million. Early adopters flooded X, formerly known as Twitter, with complaints about the meagerness of token allocations, all while recipients appeared to dump their holdings on the market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
