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$SEI has also hit the bottom and started to activate. This project has deep roots with Korea's Luna project. When it first launched, I bought in around 0.1, and it rose all the way to about 1.1, a tenfold increase. As an L1 on the Cosmos public chain, its overall operation has been pretty good. A few days ago, after $OSMO surged several times following the Dex explosion on the Cosmos chain, SEI also started to show signs of movement.
The technical aspect has already bottomed out. Although it broke below the price I entered at 0.1, this current price is also near the institution's holding cost. Once it starts up, it will at least be calculated by a multiple, for example, 1x-5x or even higher. I can't determine how high it can go; it still depends on Bitcoin's performance and how much the big players want to push it. At least, the previous low of 0.0484 won't be broken for now. I am prepared for it to stop loss near the previous low if it drops.
Now, we just wait for the big players to make a move and surge!
If you don't understand this asset, don't buy in. The risk of a scam coin is very high. Although it rose quickly, the fall can be very frightening. I didn't even predict that it could break below the 0.1 support level.