The data shows that Trump’s family project purchased 4.89 million SEI for 775 thousand USDC. The average amount paid per SEI was determined to be $0.158. Currently, the SEI price is trading at $0.175.
After it was revealed that Donald Trump’s project had purchased SEI, there was a 13% increase in the last 24 hours. SEI, which has a market value of $853 million, is known as a layer 1 blockchain project that aims for low transaction fees and high speed.
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The organization, which previously purchased SEI, holds a total of 5.9 million SEI in the cryptocurrency address associated with them at the time of writing.
It was recently claimed that World Liberty Financial sold a large amount of Ethereum due to the altcoin crash. This claim, brought up by Arkham Intelligence, was denied by WLFI officials.
*This is not investment advice.
Continue Reading: Donald Trump’s Cryptocurrency Project Buys a New Altcoin: Doping Effect on Price
