23623554431 is a new type of high-performance Layer 1 that has received widespread attention in recent years in the public chain track. Its biggest feature is that it is designed around 'transaction performance' and is a chain tailored for order book applications (such as DEX, perpetual contracts, on-chain exchanges). Personally, I have been paying attention to the cryptocurrencies bought by Trump.

The Sei Foundation established a development fund in Manhattan, USA, following a compliant and regulatory-friendly approach. The main functions of the development fund are:

1⃣ Provide key resources (funding/channels/marketing, etc.) to builders to support project development. This is not surprising; basically, every public chain has a similar fund to support projects in developing their ecosystems on their chain.

2⃣ Collaborate with U.S. policymakers to create an environment conducive to innovation. This is a rather unconventional approach from the higher-level route, which was also intuitively reflected in WLFI's repeated purchases of SEI recently; WLFI is mainly operated by Trump’s son.

In fact, this is also a manifestation of the competition among public chains: whether it is financial resources or policy resources, the ultimate goal is essentially to support the development of projects on Sei or to attract projects to build on Sei with its unique advantages.

The reason for SEI’s surge today is that the Wyoming Stablecoin Committee has selected it as the candidate blockchain for WYST, with the state government personally getting involved in issuing stablecoins, making SEI transform from a public chain into a 'presidential coin'.

At this point, everyone should avoid shorting; focus on going long during pullbacks. Specific details will be notified to fans in the group.