Seele, the Heterogeneous Forest Network profited 62.82 percentage point on Monday to become the Biggest Gainer of the day on CoinMarketCap. The gains pushed the neural consensus algorithm coin to the 361st rank.
At press time at 13:00 GMT+2, Seele’s market capitalization was $6.5 million. The trading volume was also hovering around almost $488,000.
CWS reached out to the SEELE team for their reactions concerning the formidable growth of their platform. Dantes Stan, a Team Member, was of the view that the project has reached a point where many see its usefulness.
“People have recognised the huge potential in Seele, and they have started buying up to hold,” Stan said.
Naturally, such growth creates excitement in the community of the Particular Cryptocurrency. Responding to the feelings in his community, Stan wrote:
“It’s really awesome, the team and investors feels happy to see Seele grow back again, despite the bear market. This shows Seele is a solid project.”
If you have been in this space for some time, then you are no stranger to projects that jump incredibly in the morning only to be in the red in a couple of days or even a few hours. Don’t forget Crypto’s value are determined by demand and supply.
However, Stan was of the view that the accruals are consolidatable.
“Yes, the growth is 100% sustainable, because it’s organic growth, and no MM was deploying. Also, there will be some good news rolling out in no distant time which will help to keep the price moving,” he maintained.
CWS also monitored the Seele’s community’s reaction to the jump on its Telegram. It was all exhilaration with hodlers expression satisfaction and confidence in the coin.
Some hodlers expressed optimism that, it is not yet done with the upward adjustment until the price hits $5 to $10. “Just woke up and it’s going to the moon. Seele won’t stop, all the way to 10 dollars with a correction or $5 Lol,” Roberto exclaimed.
Gregory Coffiner, another community member smiled and said: “I still have my bag since the ICO and I’m glad I bought two weeks ago an extra bag. Will hold it until the next bull.”
“I only have 500k Seele,” Syed cried out. “Wish I got more.” “Take it, easy guys! Let at least grow up to three cents,” BigJerry sounded a caution.