Altcoin season is underway as Bitcoin remains range-bound. SEI, an altcoin, has gained nearly 10% in the past week and is trading at $0.7075. SEI has partnered with Magic Eden to enable seamless NFT trading, boosting its momentum. The altcoin has seen impressive performances and a 13% jump in price due to NFT developments. Technical indicators suggest more gains for SEI, with room for further increases before potential dips. Increased attention in sectors such as NFTs and altcoins outperforming Bitcoin indicate an extended rally for the crypto market. SEI could retest its yearly peak of $0.86 and potentially reach $1. Analysts suggest viewing any altcoin crash as a buying opportunity.



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