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Top Trader Says Layer-One Blockchain Gearing Up for SUI-Style Run After Parabolic Impulse

Top Analyst Predicts Sei (SEI) Blockchain to Experience a Price Surge Similar to Sui (SUI)

In a recent analysis, a well-known crypto analyst has predicted that one layer-1 blockchain, Sei (SEI), is poised for significant growth and a price run similar to that witnessed by Sui (SUI). The analyst, who goes by the pseudonym Bluntz, shared a chart on social media platform X, outlining the potential for SEI’s native token.

Bluntz pointed out that SEI had previously experienced a clear parabolic rise, followed by a -84% cycle abc correction. After six months of consolidation, the token is now showing signs of an upward turn, indicating a potential run in the near future.

As of now, SEI is trading at $0.408. Although it has faced a 12% dip in the past month, the cryptocurrency has seen an impressive 265% increase in value over the past year, securing its rank as the 63rd highest market cap crypto asset.

Bluntz also expressed optimism towards Dogecoin (DOGE), sharing a chart suggesting that the popular meme coin could surge to approximately $0.375. With DOGE currently trading at $0.169, it has experienced a slight decline of over 2% in the last 24 hours.

Additionally, Bluntz believes that Bitcoin (BTC) still has considerable room for growth in its current run-up. The analyst’s chart indicates a potential surge in the top crypto asset, reaching around $95,000 by the end of the year. Currently, BTC is trading at $72,290.

Investors will be watching closely to see if these predictions come to fruition and whether SEI and DOGE experience the anticipated price surges.

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