Sei ($SEI) Crypto Forecast: Down 9.5% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Sei?

SEI is a cryptocurrency token known for its focus on blockchain technology and data security. The overall cryptocurrency market has been volatile today, with mixed movements across different tokens.

Why is Sei going down?

SEI crypto is down 9.5% on Mar 28, 2025 15:04

SEI's bearish movement today could be attributed to the market perceiving the potential acquisition of 23andMe as a risky move.
Investors might be concerned about the integration challenges of merging genetic data with blockchain technology, leading to a sell-off of SEI tokens.
The uncertainty surrounding how SEI plans to implement on-chain genetic data solutions could have spooked investors, causing a downturn in the token's value.
The news of SEI's interest in acquiring 23andMe might have raised questions about the token's core focus and diverted attention from its primary blockchain initiatives, impacting investor sentiment negatively.

SEI Price Chart

SEI Technical Analysis

SEI News

Sei Blockchain to Acquire 23andMe: On-Chain Genetic Data Plans Revealed

https://coingape.com/brandtalk/pulse/sei-blockchain-to-acquire-23andme-on-chain-genetic-data-plans-revealed/

Sei Foundation Eyes 23andMe Assets to Build Blockchain-Based Genetic Data System

https://crypto-economy.com/sei-foundation-eyes-23andme-assets-to-build-blockchain-based-genetic-data-system/

Sei Network Explores Acquisition to Safeguard Genetic Data Privacy

https://cryptodnes.bg/en/sei-network-explores-acquisition-to-safeguard-genetic-data-privacy/

Sei Blockchain Eyes 23andMe Acquisition to Secure Genetic Data On-Chain

https://ecoinimist.com/2025/03/28/dna-in-distress-sei-blockchain-bid/?utm_source=rss&utm_medium=rss&utm_campaign=dna-in-distress-sei-blockchain-bid

Sei Foundation Explores Buying 23andMe to Put Genetic Data on Blockchain

https://www.bankless.com/read/sei-foundation-explores-buying-23andme-to-put-genetic-data-on-blockchain

Sei Price History

24.02.2025 - SEI Crypto was up 5.5%

The rise in the value of SEI today can be linked to the announcement that Nillion has engaged over 50 builders to drive cross-chain AI privacy. This partnership and emphasis on improving privacy and interoperability in the blockchain sphere have likely sparked heightened interest and investment in SEI, contributing to its bullish movement. Moreover, the collaboration with a renowned company like Nillion indicates confidence in SEI's technology and future potential, further boosting the favorable market sentiment surrounding the token.

28.01.2025 - SEI Crypto was down 5.7%

SEI's bearish movement today could be attributed to the overall market sentiment following Solana's sharp decline from its all-time high, indicating a broader trend of profit-taking and potential risk-off behavior among investors.
Despite being highlighted as a potential survivor in a bear market and a top crypto pick for investment, SEI's price was not immune to the downward pressure seen in the cryptocurrency space today.
The market shake-up mentioned in recent updates could have contributed to increased volatility, leading to SEI's notable price drop as investors reevaluate their positions in light of the current market conditions.

04.02.2025 - SEI Crypto was down 14.4%

The downtrend in SEI today may be linked to general market sentiment following Solana's notable decline from its peak, prompting investor caution in the volatile crypto space.
Despite positive mentions in articles regarding future potential and being touted as a top crypto investment choice, prevailing market dynamics and Solana's decline likely impacted SEI's bearish movement.
The launch of a $1.5 million prize pool by Binance Wallet for Sei DeFi Season likely sparked initial interest in SEI, but prevailing market conditions appear to have overshadowed this positive development, contributing to the downward trend.

28.02.2025 - SEI Crypto was down 6.7%

SEI experienced a strong bearish movement today.
There are reports indicating that SEI Blockchain and SEI Foundation are exploring the acquisition of 23andMe to secure genetic data on the blockchain.
The market might be reacting negatively to this information as investors may have concerns about the integration of genetic data with a cryptocurrency token.
The potential acquisition could be seen as a divergence from SEI's core focus, leading to uncertainty and selling pressure on the token.

28.02.2025 - SEI Crypto was down 9.5%

SEI's bearish movement today could be attributed to the market perceiving the potential acquisition of 23andMe as a risky move.
Investors might be concerned about the integration challenges of merging genetic data with blockchain technology, leading to a sell-off of SEI tokens.
The uncertainty surrounding how SEI plans to implement on-chain genetic data solutions could have spooked investors, causing a downturn in the token's value.
The news of SEI's interest in acquiring 23andMe might have raised questions about the token's core focus and diverted attention from its primary blockchain initiatives, impacting investor sentiment negatively.

28.02.2025 - SEI Crypto was down 6.1%

SEI's bearish movement could be attributed to the market's reaction to the exploration of acquisitions and partnerships by SEI Network, SEI Blockchain, and SEI Foundation in the areas of genetic data privacy and blockchain technology.
Investors might be concerned about potential risks and uncertainties associated with SEI's participation in acquiring 23andMe and placing genetic data on the blockchain, leading to a sell-off of SEI tokens.
The emphasis on securing genetic data on-chain could have raised regulatory concerns or questions about the long-term viability and sustainability of SEI's business model, affecting investor sentiment negatively.
The coinciding news about Nillion tapping builders to enhance cross-chain AI privacy may have diverted some attention and investment away from SEI, contributing to the bearish movement in the cryptocurrency token's price.

28.02.2025 - SEI Crypto was down 5.1%

SEI's bearish movement today might be related to market concerns about the potential acquisition of 23andMe by Sei Foundation. Investors could be uncertain about combining genetic data with blockchain technology.
The collaboration between Nillion and 50+ builders to enhance cross-chain AI privacy may have shifted attention and investment away from SEI, contributing to the bearish movement.
The market could view Sei Foundation's interest in integrating genetic data on the blockchain as a risky move, possibly impacting SEI's price negatively.
In summary, the bearish movement of SEI today may stem from investor skepticism towards the potential merger with 23andMe and competitive developments in the privacy-focused cryptocurrency sector.

14.02.2025 - SEI Crypto was up 6.3%

A substantial purchase of 541,242 SEI coins likely contributed to the bullish momentum, signaling confidence and interest in the token.
The market's response to SEI's price surge indicates growing investor optimism and potential for further price appreciation.
SEI's unique features and technological advancements may have attracted increased attention, especially in comparison to other cryptocurrencies like Reddio, which recently highlighted AI integration in its white paper but did not impact SEI's bullish trend.

14.02.2025 - SEI Crypto was up 5.0%

SEI's bullish movement today could be attributed to positive market sentiment towards cryptocurrencies in general.
The news about Reddio's integration of AI with Parallel EVM might have sparked interest in blockchain technology, leading to increased demand for SEI.
Investors may view SEI as a promising asset within the blockchain space, driving up its value amidst growing excitement in the industry.

05.02.2025 - SEI Crypto was up 5.1%

The surge in SEI's price might be linked to the launch of the Sei DeFi Season by Binance Wallet, boasting a substantial $1.5 million prize pool, which has garnered significant attention and enthusiasm for the token.
Positive chatter surrounding SEI could have been boosted by the mention of its resilience in challenging market conditions and its potential for future growth.
SEI's robust performance in comparison to other cryptocurrencies like Solana, SUI, and AGNT could have instilled confidence in investors about its prospects, driving the bullish momentum.

05.02.2025 - SEI Crypto was up 7.1%

SEI saw a significant bullish trend today, possibly driven by the launch of Sei DeFi Season by Binance Wallet with a $1.5 million prize pool, attracting more interest and investment in the token.
The positive sentiment around SEI may have been further fueled by its potential to survive in the bear market and dominate in the next bull run.
The overall strength of SEI contrasts with the struggles of other cryptocurrencies like Solana, which could have redirected attention and investments towards SEI, contributing to its bullish movement.

16.02.2025 - SEI Crypto was down 5.1%

The decrease in SEI's price today might be due to investors seizing profits following a recent price surge.
World Liberty Financial's focus on investing in alternative cryptocurrencies like Avalanche and Mantle may have shifted focus and funds away from SEI, impacting its price negatively.
Despite today's decline, SEI had recently surged in price as World Liberty Financial acquired a substantial amount of SEI tokens, hinting at potential interest in the token.
The bearish trend in SEI today could also be influenced by general market sentiment and competition from other emerging cryptocurrencies.

Disclaimer

Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.

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Date

Mar 28, 2025 15:04

Content

Sei ($SEI) Crypto Forecast: Down 9.5% Today What is Sei? Why is Sei going down? SEI SEI Price Chart SEI News Trending Today Sei Price History 24.02.2025 - SEI Crypto was up 5.5%28.01.2025 - SEI Crypto was down 5.7%04.02.2025 - SEI Crypto was down 14.4%28.02.2025 - SEI Crypto was down 6.7%28.02.2025 - SEI Crypto was down 9.5%