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📢📢Recent Developments:
🚨Token Unlock Event: On January 15, 2025, #SEINetwork unlocked 55,560,000 SEI tokens, constituting approximately 1.32% of the circulating supply.
🚨Participation in Art Basel: In December 2024, Sei Network collaborated with Magic Eden to participate in Art Basel in Miami, highlighting its engagement with the art community.
📢📢Technical Analysis:
🚨Moving Averages: As of February 21, 2025, both simple and exponential moving averages indicate a 'Sell' signal across various periods, with the 10-day exponential moving average at $0.23.
🚨Relative Strength Index (RSI): The RSI stands at 35.37, suggesting the token is approaching oversold territory.
🚨MACD: The Moving Average Convergence Divergence (MACD) is at -0.03, indicating potential bearish momentum.