Sei, a cryptocurrency, has shown significant gains recently, with a 4.20% increase against the US Dollar in the last 24 hours. Despite outperforming the broader crypto market, which saw a 2.60% rise, Sei remains 21.73% below its predicted value for October 13, 2024.

The coin has experienced a 62.89% increase over the past month and a 297.30% rise over the past year. However, the current trading price of $0.452370 is still below its all-time high of $1.14, reached on March 16, 2024.

Technical indicators suggest a bullish sentiment, but the market's inherent volatility and the fact that Sei is trading below its 200-day Simple Moving Average indicate potential risks. The overall market sentiment remains neutral, as reflected by the Fear & Greed index at 49.

Given these factors, caution is advised for potential investors.