Let's see if we can understand each other now! The question is whether this fighting rooster, called Sei, will be able to keep up the pace or will fall out of the ring before its time. And with that question in mind, let's get straight to the point! 🥊

My beautiful people, things are heating up in the crypto world! Imagine Sei, the cryptocurrency that has suddenly made more than one tremble, getting into a huge mess to earn a place on the podium. This story is like that of a fighting rooster going all in, with a market structure so well-built it seems like a movie. 💁‍♂️

The first move they have in mind is a play that has us all wide-eyed: they've switched sides and joined the Ethereum wave, nothing less! 🚀 This is not a simple whim, it's a strategy to attract the brains that program the craziest and most successful applications in the market, especially in decentralized finance (DeFi) and video games. The idea is that with a new update called Giga, they will be able to process so many transactions that Solana and Sui will struggle to keep up. ⚡️ We're talking about 200,000 transactions per second! But, be careful, it's not that simple. Some developers are starting to feel that the platform has become slower and that promises are not being fulfilled. Is the path to glory more thorny than it seems? 🤷‍♂️

But it doesn't stop there. At the same time they are getting into this technological endeavor, they are flirting with the world of more serious finance. The U.S. Securities and Exchange Commission (the famous SEC) is analyzing the proposal for a Sei investment fund (ETF), and the state of Wyoming has chosen them for a pilot project with their own stablecoin. Imagine the weight of this: if these moves are approved, Sei could become the gateway for the heaviest investors, those who have mountains of cash and only invest in what is legal and safe. This could give Sei a push similar to what made the price of Ethereum skyrocket last year! 🤑

Now, as in any good soap opera, there is a drama that could put a stop to the party. On July 15th, 55.56 million Sei tokens will be released. 💸 This represents almost 20 million dollars and, although it's not much compared to the total amount of tokens, history has taught us that every time this happens, the price of Sei drops between 8% and 12%. 📉 It's as if the early investors take the opportunity to sell their tokens and line their pockets.

The market analysis accompanying this story is fascinating. We see a beautiful market structure, with the price consolidating above a key zone after an inverted head and shoulders pattern. 📈 This, my people, is a clear sign that the big investors are accumulating, preparing for a 'Full Send'. The target prices are clear:

  • 🚀 1st stop: $0.5055

  • 🚀 2nd stop: $0.7280

  • 🚀 3rd stop: $1.1635

But the million-dollar question is: will they manage to translate the technological improvements into more people using the platform and more money moving within it, or will they fall behind as Solana and Sui surpass them? 🧐

The future of Sei is unwritten, and we are here, front row, to see how this drama unfolds. Stay tuned, as the story is just beginning!$SEI