The Sei token experienced a significant price surge of 11.73% in the past 24 hours, following a substantial purchase by Donald Trump’s DeFi project, World Liberty Financial. This move comes amidst a generally sluggish crypto market that has seen prices dip over the weekend. Notably, Binance founder CZ has provided evidence against Justin Sun to the DOJ, and Tron founder, Justin Sun, refuted these claims. 🌎 While SEI surged post-purchase, other notable events include a report in The Wall Street Journal detailing CZ’s testimony against Sun. 📰 The token briefly traded at around $0.1523 on April 11 before experiencing a significant upward movement and currently trades at $0.16. As per CoinMarketCap data, SEI is currently trading at $0.1706. 📈 For the past week, SEI has shown a modest price increase of 3.76%, demonstrating a positive trend in the face of a downward movement earlier this week. 📉 While technical indicators remain mixed, with its Moving Average Convergence Divergence (MACD) signal line above the MACD line indicating a long-term bearish environment, its RSI value at 69.51 on TradingView suggests investor optimism. 🚀 Will SEI sustain this momentum and reverse the bearish outlook indicated by the MACD indicator? 🤔 Past purchases have been seen to trigger similar price jumps. Notably, World Liberty Financial’s previous purchase of SEI in March 2025 led to a similar rally at the time. Similarly, XDC Network experienced significant upward movement over the past 24 hours. 📈