- Michaël van de Poppe predicts a rise of up to 3.765% for Sei
- Sei needs to overcome resistance of $0,50
- Attractive market potential for investors
Renowned cryptocurrency analyst Michaël van de Poppe recently projected a significant appreciation for Sei, a blockchain that positions itself as a rival to Solana. According to his analysis, the native token of this layer-one ecosystem has an appreciation potential ranging from 1.188% to 3.765%.
In a YouTube broadcast, Van de Poppe shared his optimism for Sei SEI/USD’s significant growth, highlighting the platform’s technological strength and innovative proposition as catalysts for a steep valuation. “If we have a $50-$100 billion valuation [at Sei’s fully diluted valuation]… it seems likely that somewhere between $5 and $15 will be the peak for Sei… which at current valuations is somewhere between 10x to 40x as a potential number that we will reach,” he explained.
However, to achieve these numbers, it is crucial that Sei overcomes a significant technical resistance, rising almost 30% from its current price. Van de Poppe added that the coin needs to surpass the $0,50 barrier to attract more liquidity and surpass recent highs, just as happened with the Sui cryptocurrency, which reached new all-time highs after overcoming its own technical challenges.
Sei is currently trading at $0,3485, down 5% over the past 24 hours. This bullish outlook puts Sei on the radar of many investors, especially those interested in emerging opportunities in the layer-one crypto space.
Cryptocurrency investors and enthusiasts are always on the lookout for assets with high potential returns, and Van de Poppe’s projections for Sei highlight not only the potential for gains, but also the volatility and challenges associated with such investments. Sei’s prospects for substantial appreciation highlight its potential to establish itself as one of the leading cryptocurrencies in today’s competitive landscape.