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    SEI ventures into decentralized AI with Nimble, SEI price poised for rally

    Fonte Fxstreet
    18/02/2024 06:04
    • Nimble announced a partnership with SEI, bringing decentralized AI to the SEI developer ecosystem. 
    • SEI’s new Ethereum Virtual Machine compatibility, combined with Nimble, will complete an ecosystem to serve and train AI models. 
    • SEI price climbed nearly 2% on Sunday, to $0.9197. 

    SEI and Nimble have partnered to bring an ecosystem to serve and train AI models for developers and projects. The AI narrative is gaining traction in crypto and this announcement has likely catalyzed gains in SEI price. 

    Also read: Binance likely to be monitored for up to five years, CZ’s sentence could be less than 18 months

    SEI developers to benefit from recent partnership

    SEI, a trading focused blockchain ecosystem has welcomed a decentralized AI protocol Nimble to its ecosystem, through a partnership. SEI’s recently added feature, its compatibility with the Ethereum Virtual Machine (EVM) is set to prepare the project’s ecosystem to serve and train AI models. 

    Nimble Network is a project focused on decentralizing, training and inference AI models. The partnership with SEI brings opportunities to power composable AI and train it in SEI’s ecosystem. 

    AI will enable the real-world use cases in SEI, like SocialFi, DeFi, that require scalable infrastructure and help projects ship faster. Developers can build dApps powered by AI and introduce an extensive set of applications to benefit both protocols and users. 

    SEI price resumes climb towards 2024 high

    SEI price resumed its rally towards its 2024 peak of $1.03. At the time of writing, SEI price is $0.9197, up nearly 2% on the day. In the past week, SEI yielded nearly 34% gains for holders. 

    SEI

    SEI/USDT 1-day chart 

    A daily candlestick close below the 50% Fibonacci Retracement of SEI’s rally, at $0.7917, to 2024 peak could invalidate the bullish thesis and result in a correction to $0.7349. 

    Isenção de responsabilidade: Apenas para fins informativos. O desempenho passado não é indicativo de resultados futuros.
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    MakerDAO whales sold over $9 million in tokens, MKR price takes a hitMakerDAO (MKR) price is down nearly 2% on Monday. The token is experiencing an increase in selling pressure as whales shed their MKR holdings in the past day.
    Fonte  Fxstreet
    MakerDAO (MKR) price is down nearly 2% on Monday. The token is experiencing an increase in selling pressure as whales shed their MKR holdings in the past day.
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    Bitcoin ranges below $67,000 as JP Morgan analysts say BTC halving is more than priced inBitcoin (BTC) is ranging below $67,000, as the largest asset by market capitalization is preparing for its halving event, estimated to occur on April 20, according to Nicehash countdown.
    Fonte  Fxstreet
    Bitcoin (BTC) is ranging below $67,000, as the largest asset by market capitalization is preparing for its halving event, estimated to occur on April 20, according to Nicehash countdown.
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    Solana congestion troubles could end soon, testnet v1.18.11 release arrivesSolana network is plagued by failed transactions caused by congestion issues on the blockchain.
    Fonte  Fxstreet
    Solana network is plagued by failed transactions caused by congestion issues on the blockchain.
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