๐ Sei, a trading-focused blockchain backed by Jump Crypto and Multicoin Capital, has gone live with its SEI token, reaching a market cap of over $400 million on its first day! Trading volume has surpassed $1.6 billion in 24 hours, with major exchanges like Coinbase, Binance, and Kraken listing SEI. However, users have reported delays in the anticipated airdrop of tokens for early adopters.
Sei is built using the Cosmos SDK and is designed for speed, low fees, and features tailored to support trading apps, focusing on social platforms, gaming, and carbon credits. Despite some hiccups, the project's future looks promising.
What are your thoughts on Sei's launch and its potential impact on the trading app ecosystem? Share your opinions in the comments below! ๐