SEI price speculation - page 2. | Bitcointalksearch.org

_Hiloveua_

full member

Activity: 235

Merit: 106

Quote from: Biznesmen on October 04, 2023, 08:45:26 AM

Quote from: cheezcarls on August 15, 2023, 05:45:11 AM

~~~~~~

Cryptocurrency trading is all about trust, and emotions play a major role too. SEI's features may include an order book engine, finality optimization, front-running protection, parallel order execution, etc. Apart from all this, the SEI network has peaked interest in various protocols even before its official launch. People think it looks like a great project and will buy some tokens. But SEI lost its early community trust. From now on, many people won't care if they are successful or not. Now it's like no airdrop, no community—that's rip for real.

As soon as sei coin was launched, it was listed on various cex. It is true that sei coin is new in the market but in my opinion this coin is moving in a good direction and will do well in the future and take a good position in the market. I saw an upgrade news yesterday, it said that sei coin hard forks are coming this month (October).

Hence it can be said that investing in it will get a good amount of retrun. Moreover, binance is supporting sei coin a lot.

Biznesmen

sr. member

Activity: 532

Merit: 251

Leading Crypto Sports Betting & Casino Platform

Quote from: cheezcarls on August 15, 2023, 05:45:11 AM

For the past few days, Sei has been trending on Twitter (X.com) because of the mainnet launch on August 15th which is today.

As of this time of writing, they will officially be live for trading in big CEXs like Binance, KuCoin, Bybit, Gate and other ones in just a few hours from now.

The main reason for Sei’s trend is because of the airdrop being confirmed by the Sei Foundation via their official Twitter handle. After that, the noise on Twitter keeps increasing day by day as well as in Discord, Facebook, etc.

I see that a lot have participated in the Sei launchpool in Binance by staking their BNB and other supported coins.

What’s your price speculation for this one guys? Would like to hear some opinions here. Thanks!

Cryptocurrency trading is all about trust, and emotions play a major role too. SEI's features may include an order book engine, finality optimization, front-running protection, parallel order execution, etc. Apart from all this, the SEI network has peaked interest in various protocols even before its official launch. People think it looks like a great project and will buy some tokens. But SEI lost its early community trust. From now on, many people won't care if they are successful or not. Now it's like no airdrop, no community—that's rip for real.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: 8rch7 on September 01, 2023, 01:43:13 AM

Quote from: libert19 on August 31, 2023, 07:02:08 PM

So much disappointment from SEI airdrop. They had so called airdrop for active users of Solana Ethereum, Arbitrum, Polygon, BSC, Osmosis — I qualified for none of them despite being active on all chains except solana, would love to check what they meant by 'active users' in their eligibility criteria.

Thankfully, I didn't bother with their testnet, learned from experience that most testnets are sheer waste of time, most because I know Aptos turned out well, but I didn't wanna giveaway my mental peace for once in a while good drop.

I don't think not only for airdrop hunter but also SEI make many investor in Binance Launchpool are disappointed because listing with most cheapest price, yesterday is last day for Launchpool and many of investor not get much profit due BNB coins drop drastically since first time Launcpool SEI opening BNB around 260 dollar and right now drop drastically almost 216 dollar. For SEI airdrop participants seems many of them get blocked task until level six but many of them received under 30 SEI coins and its not worth yet based on price around 0.15 dollar right now.

Its happening with huge expected with airdrop actually after coins confirming will list in Binance, I think if any new platform in the future opening launchpool and they are have testnet or many kinds airdrop seems not worth yet except they will open launcpad.

the problem with most of these project that promises airdrop they didn't show allocation before hand and even if they did they usually never stay true to it, too many tricks same with sei, the supposed allocated distribution was not fully distributed.
those that wasted their time for this project finishing so many tasks and ended up getting measly few dollars are for sure wasting their time for project thats gonna be gone in 2 years i'm pretty sure.
its even worse project than sui at this point meanwhile with sui even if you are needed to invest, you still can grow that investment multiple folds.

libert19

hero member

Activity: 2520

Merit: 952

Quote from: cheezcarls on September 02, 2023, 06:44:06 AM

Levana Finance so far is confirmed from the founder that they will be doing an airdrop for both their testnet and mainnet users. About the other platforms who are still using the Sei network, I'll just keep an eye on them.

Confirmed airdrops usually tend to be waste of time but good luck.

Quote from: @sriyan on September 02, 2023, 06:51:56 AM

We did not see any DYDX-type airdrop recently.

Arbitrum was last good one with decent drop, I feel like retrospective airdrop trend is fading but let us see. There are lot of L2s these days which probably gonna have token but people farming them are no less, so either they gonna have super strict requirements or people gonna get potato number of tokens worth miniscule value, ie. like SEI.

AnonBitCoiner

sr. member

Activity: 1456

Merit: 326

Eloncoin.org - Mars, here we come!

Quote from: libert19 on August 31, 2023, 07:02:08 PM

So much disappointment from SEI airdrop. They had so called airdrop for active users of Solana Ethereum, Arbitrum, Polygon, BSC, Osmosis — I qualified for none of them despite being active on all chains except solana, would love to check what they meant by 'active users' in their eligibility criteria.

Airdrop hunters didn't make any profit from SEI airdrop. This Airdrop hurted so much users. first of all SEI didn't announced on time whom to be Airdropped, how much token and criteria of eligibility. Sei team also didn't cared their discord members who proved their identify by facecam(including me). Many long task testnet was launched before testnet and at the end only few users was eligible for airdrop and hunters recieved only 20$-100$ worth of tokens(biggest prank).

I am the one who didn't wasted lot if time in this network and only did few transaction and discord verification to meet eligibility criteria but didn't get any tokens. SUI and arbitrum was so successful. I have joined only discord and earned 2000$ by participating in their sale limited to discord users only. Arbitrum gives token totally free just based on transaction and volume. Cyber and SEI Airdrop was just waste of time and this is the reason community give up supporting SEI project and now no interest of buyers also to buy SEI.

@sriyan

member

Activity: 469

Merit: 13

Quote

Levana Finance so far is confirmed from the founder that they will be doing an airdrop for both their testnet and mainnet users. About the other platforms who are still using the Sei network, I'll just keep an eye on them.

Now most of the users are not trusting the sei dapps anymore. Because they know what happened to the SEI network. I think it is better to move the Levana finance to the Base network. Otherwise, it will be a dead project.
Because that case happened to the Sui dapps as well. Most of the sui apps are dead now. We did not see any DYDX-type airdrop recently.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Quote from: libert19 on August 31, 2023, 07:02:08 PM

So much disappointment from SEI airdrop. They had so called airdrop for active users of Solana Ethereum, Arbitrum, Polygon, BSC, Osmosis — I qualified for none of them despite being active on all chains except solana, would love to check what they meant by 'active users' in their eligibility criteria.

Thankfully, I didn't bother with their testnet, learned from experience that most testnets are sheer waste of time, most because I know Aptos turned out well, but I didn't wanna giveaway my mental peace for once in a while good drop.

I didn't regret though despite it's not what I've been expected. I always expect less rather than more. That's my mindset. So when I only got SEI tokens worth for a single Starbucks frappucino (as of this time of writing), I am still thankful rather than being tagged as Sybil since I only focus on one wallet and accounts.

Still very grateful for the experience even if it's time consuming to complete these Edge Blocked missions. Probably these projects would do a future airdrop for their early users in either testnet, mainnet or both.

Levana Finance so far is confirmed from the founder that they will be doing an airdrop for both their testnet and mainnet users. About the other platforms who are still using the Sei network, I'll just keep an eye on them.

8rch7

sr. member

Activity: 1344

Merit: 459

Vave.com - Crypto Casino

Quote from: libert19 on August 31, 2023, 07:02:08 PM

So much disappointment from SEI airdrop. They had so called airdrop for active users of Solana Ethereum, Arbitrum, Polygon, BSC, Osmosis — I qualified for none of them despite being active on all chains except solana, would love to check what they meant by 'active users' in their eligibility criteria.

Thankfully, I didn't bother with their testnet, learned from experience that most testnets are sheer waste of time, most because I know Aptos turned out well, but I didn't wanna giveaway my mental peace for once in a while good drop.

I don't think not only for airdrop hunter but also SEI make many investor in Binance Launchpool are disappointed because listing with most cheapest price, yesterday is last day for Launchpool and many of investor not get much profit due BNB coins drop drastically since first time Launcpool SEI opening BNB around 260 dollar and right now drop drastically almost 216 dollar. For SEI airdrop participants seems many of them get blocked task until level six but many of them received under 30 SEI coins and its not worth yet based on price around 0.15 dollar right now.

Its happening with huge expected with airdrop actually after coins confirming will list in Binance, I think if any new platform in the future opening launchpool and they are have testnet or many kinds airdrop seems not worth yet except they will open launcpad.

libert19

hero member

Activity: 2520

Merit: 952

So much disappointment from SEI airdrop. They had so called airdrop for active users of Solana Ethereum, Arbitrum, Polygon, BSC, Osmosis — I qualified for none of them despite being active on all chains except solana, would love to check what they meant by 'active users' in their eligibility criteria.

Thankfully, I didn't bother with their testnet, learned from experience that most testnets are sheer waste of time, most because I know Aptos turned out well, but I didn't wanna giveaway my mental peace for once in a while good drop.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: @sriyan on August 31, 2023, 01:36:47 PM

Another thing is if you checked the top airdrop claimer's addresses, all of them belong to the Sei project team(Admins, Development team members). Another important fact is no one sold it yet.

well thats red flag there, there's rumour that even validators aren't getting anything from this blockchain and if you're saying is true then it just means that the team is shady.
still baffles me though even after these dramas the valuation of sei market capitalization is still quite huge.
those that spent their whole year for this blockchain is truly wasting their time on some mediocre blockchain that doesn't even appreciate their own community.
though there's possibility that there will be second waves of airdrop since it seem they are just distributing only very small portion of the reserved token but maybe second wave might be for someone else entirely different to the current airdrop receivers.

@sriyan

member

Activity: 469

Merit: 13

Quote

But it’s not just about focusing on Sei alone. There are projects using Sei where they will be launching their own tokens and airdrop it to early testnet participants.

One of them is Levana Finance. Before the Sei mainnet, I have interacted at least few times with Levana Finance under the Atlantic-2 testnet. The founder himself which I had a call with him a couple of days ago have confirmed that early testnet users will receive an airdrop from Levana Finance once their token is launched.

Most of the sei dapps are moving to the Base network now. So all the sei dapps airdrops will shit airdrops.
Still, the sei network has not distributed 300M(Airdrop) sei tokens to the users. Only 68M Sei were claimed. Where did the remaining 232M Sei go?

Another thing is if you checked the top airdrop claimer's addresses, all of them belong to the Sei project team(Admins, Development team members). Another important fact is no one sold it yet.

Proof: https://flipsidecrypto.xyz/hess/sei-airdrop-distribution-xP90nU (You can cross-check on the sei faucet channel)

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Quote from: tvplus006 on August 24, 2023, 12:21:24 PM

Quote from: Xxmodded on August 23, 2023, 01:22:47 AM

I got almost 300 SEI from Binance launchpool and sell half when price dropping around $0.25, right now SEI price have been dropped drastically to $0.15 and holding is better than selling. Left few days later with Launchpool ended and seems I will received about 400 SEI from 12 BNB staking and looks not profitable yet because first time staking BNB price around $240 and today drop drastically to $210. Its not profitable yet and more losing for participants get staking their Binance to earn SEI coins from launchpool...

All these Launchpads and Launchpools bring additional profit only to long-term BNB holders. For those who specifically buy BNB to participate in such programs from Binance, as a rule, a loss is fixed due to the fact that after the end of Launchpad and Launchpool, the price of BNB is very much reduced. Thus, the resulting profit does not cover the losses associated with the exchange rate difference.

This is much more profitable right now than waiting for the Sei airdrop. At least they are getting 3 figures of Sei for staking a bunch of BNB. It is something that I cannot afford right now to have so many BNBs to hold as I am prioritizing to hold Bitcoin.

Although this has received lots of backlash from those who are expecting a big airdrop from Sei that ended up in disappointment, I think this might be similar to Sui.

Back then, Sui had lots of backlash and disappointment but they are continuing to build in their network and slowly gaining ground. Maybe Sei can do it too especially for projects who are sticking around with them and not migrating to the other chains.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: Xxmodded on August 23, 2023, 01:22:47 AM

I got almost 300 SEI from Binance launchpool and sell half when price dropping around $0.25, right now SEI price have been dropped drastically to $0.15 and holding is better than selling. Left few days later with Launchpool ended and seems I will received about 400 SEI from 12 BNB staking and looks not profitable yet because first time staking BNB price around $240 and today drop drastically to $210. Its not profitable yet and more losing for participants get staking their Binance to earn SEI coins from launchpool...

All these Launchpads and Launchpools bring additional profit only to long-term BNB holders. For those who specifically buy BNB to participate in such programs from Binance, as a rule, a loss is fixed due to the fact that after the end of Launchpad and Launchpool, the price of BNB is very much reduced. Thus, the resulting profit does not cover the losses associated with the exchange rate difference.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Quote from: tvplus006 on August 22, 2023, 05:24:29 PM

Quote from: bussybuddy on August 20, 2023, 03:58:57 AM

Although there are a lot of issues surrounding the project and the community, as far as I know the people who have previously joined SEI are feeling dissatisfied with the meager rewards during the testnet. Honestly, I feel that the project may not have been generous when there were more controversies, moreover the current valuation is also too large compared to similar projects in the current market context.
In the long term I also think it takes time to develop, looking at the current price it still seems too high, and also looking at the vesting schedule, the price will be able to impress in q1 q2 2024.

I think the main reason is that very few coins were distributed as airdrop for those who tested the network in the testnet. And if more coins were distributed, the more coins would be sold accordingly, which would certainly entail a stronger price reduction.

Probably true. But still I feel for those earlier than me with higher Discord ranks (e.g., Officer, Captain, etc.) and has participated in last year’s testnet campaign are not eligible. It would be worse if they come clean and not having multiple accounts. There might be different factors and reasons behind for them not to be eligible aside from being tagged as Sybil.

However, regardless of the very small airdrop that we receive, I still see opportunities within the opportunity. Like various projects using the Sei blockchain maybe doing surprise airdrops to their respective communities.

As far as I know, Levana Finance is one of them as confirmed by the founder himself for both testnet and mainnet users. Double Jump by Tatami Games is also another one using Sei and they’ll be having a JUMP airdrop after the tournament ends.

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

i'm not shocked when i've seen the trend about these airdrops in general is starting to wear out. most of the airdrops are just giving pure garbage coins, i mean i know there are something like aptos and arbitrum that gives massive airdrops but with the emergence of hundred others L2 and L1 making an airdrop the rewards become irrelevant.

Quote from: ShinyStarPrincess on August 19, 2023, 09:28:14 PM

I put some on the Saving programs of some cex (bitget was my main platform). On the other hand, the FUD is still very strong because the people are upset about the Airdrop. To be honest, that low amount doesn't surprise me. Free money tasks usually give these types of airdrops (Aptos was an Oasis in the middle of the Dessert). But I have some trust on $SEI to be a strong alternative as L1

well thats true usually whatever tasks was needed to be eligible in the testing phase, will turns out to be massive disappointment most of them doesn't fare well.
nowadays whats worth from these airdrops are those that requiring us to test in their mainned instead in which we definitely gonna need to pay for the gas fee to test.
but the funny thing is that sometimes some coins are just reimbursing the fee spent and thats it and considers their efforts of testing as just mere a good will.

nelson4lov

hero member

Activity: 2212

Merit: 805

Top Crypto Casino

Quote from: Xxmodded on August 23, 2023, 01:22:47 AM

I got almost 300 SEI from Binance launchpool and sell half when price dropping around $0.25, right now SEI price have been dropped drastically to $0.15 and holding is better than selling. Left few days later with Launchpool ended and seems I will received about 400 SEI from 12 BNB staking and looks not profitable yet because first time staking BNB price around $240 and today drop drastically to $210. Its not profitable yet and more losing for participants get staking their Binance to earn SEI coins from launchpool. I don't expected huge for SEI will up to $1 because first time listing have lower price under $0.2 until right now stable and consistent with lower price. Loss motivate for holding SEI because price progress stuck down and never up as our expected to $1.

In my experience, Binance Launchpad projects do more better than binance launch pool project so its normal for the price of BNB to go down after the launchpad/launchpool event has been concluded (less demand, more supply). Often times, the value earned in $ don't always compensate for the $ value lost in BNB. As a rule of thumb, its better to buy Bnb when the price is low and hold it till whenever there's a launch pad oe launch pool event. That seems like the best play for it now.

For SEI, I don't have much expectations considering the fact that Aptos and Sui are already becoming mid-tier projects after launch. Sei, even faster.

Xxmodded

sr. member

Activity: 2296

Merit: 315

SOL.BIOKRIPT.COM

I got almost 300 SEI from Binance launchpool and sell half when price dropping around $0.25, right now SEI price have been dropped drastically to $0.15 and holding is better than selling. Left few days later with Launchpool ended and seems I will received about 400 SEI from 12 BNB staking and looks not profitable yet because first time staking BNB price around $240 and today drop drastically to $210. Its not profitable yet and more losing for participants get staking their Binance to earn SEI coins from launchpool. I don't expected huge for SEI will up to $1 because first time listing have lower price under $0.2 until right now stable and consistent with lower price. Loss motivate for holding SEI because price progress stuck down and never up as our expected to $1.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: tvplus006 on August 22, 2023, 05:24:29 PM

I think the main reason is that very few coins were distributed as airdrop for those who tested the network in the testnet. And if more coins were distributed, the more coins would be sold accordingly, which would certainly entail a stronger price reduction.

but I think despite price reduction that is kinda anticipated when a project is having massive airdrops rewards for their users or early contributors, it could significantly helps them in developing their ecosystem.
the fact that there are many tokens to be distributed over various addresses also means that they most definitely are increasing the number of the token holders which also give that impression that the blockchain is crowded and might attract some dapps developers. this is the reason why the other blockchain prominently l2 are doing the exact things, because they wanted to grow the ecosystem.
in the case of sei it might just like sui, getting abandoned after people are finally done with their investments.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: bussybuddy on August 20, 2023, 03:58:57 AM

Although there are a lot of issues surrounding the project and the community, as far as I know the people who have previously joined SEI are feeling dissatisfied with the meager rewards during the testnet. Honestly, I feel that the project may not have been generous when there were more controversies, moreover the current valuation is also too large compared to similar projects in the current market context.
In the long term I also think it takes time to develop, looking at the current price it still seems too high, and also looking at the vesting schedule, the price will be able to impress in q1 q2 2024.

I think the main reason is that very few coins were distributed as airdrop for those who tested the network in the testnet. And if more coins were distributed, the more coins would be sold accordingly, which would certainly entail a stronger price reduction.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Quote from: bussybuddy on August 20, 2023, 03:58:57 AM

Although there are a lot of issues surrounding the project and the community, as far as I know the people who have previously joined SEI are feeling dissatisfied with the meager rewards during the testnet. Honestly, I feel that the project may not have been generous when there were more controversies, moreover the current valuation is also too large compared to similar projects in the current market context.
In the long term I also think it takes time to develop, looking at the current price it still seems too high, and also looking at the vesting schedule, the price will be able to impress in q1 q2 2024.

Vesting schedule? Does that mean our tokens are not yet 100% claimed?

What I really do not understand however is the fact that early testers from Act 1 to 4, Atlantic-1, Officers, Captains, etc., last year are even not eligible, while I just joined last April of this year with just a Crew role and an incomplete Blocked missions but was eligible.

Probably Sybil is the real reason. I have a Facebook friend who keep posting about Sei and has multi accounts claiming she had participated since last year. But in the end? She got nothing! Wasn’t eligible.

Same thing with another FB contact where he claimed to have 17 different wallets, Twitters and Discords, but also ended up not eligible too due to Sybil and exploit-related stuff.

Topic: SEI price speculation - page 2. (Read 687 times)