SEAM spikes 64% as Base plans to scale up gas limits

As SEAM’s price continues to climb, its market cap has exceeded $52 million, and daily trading volume spiked by 2,254% to around $11.4 million, based on CoinGecko data.

The latest initiative seeks to enhance scalability and reduce transaction fees, driving heightened investor interest in SEAM and the Seamless Protocol.

Technical indicators for SEAM indicate that bulls are in control with the Moving Average Convergence Divergence line crossing above the signal line, hinting that the upward momentum would likely continue.

They say ,
However, its Commodity Channel Index spiked to 358.68 following the recent rally, a level well above the overbought threshold of 100. Such elevated readings typically signal the potential for an impending correction, so traders must exercise caution.

Source : https://crypto.news/seam-spikes-64-as-base-plans-to-scale-up-gas-limits/

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