jelly-my-jelly (JELLYJELLY)

A token launched by former Facebook VP of Product, co-founder of drop.io, and seed investor in Solana and Venmo, @lessin. The token is designed to support creators on Jelly, the content-sharing platform launched by Venmo.

1. JELLYJELLY Basic Info

2. JELLYJELLY Technical Info

2.1 JELLYJELLY Kline Chart Price

2.2 JELLYJELLY Technical Analysis

Given the provided K-line data, the analysis suggests a strong downtrend and significant volatility. The large volume surge on 2025-01-31 indicates a major sell-off event pushing the price sharply lower after a period of consolidation. This sharp decrease suggests bearish pressure is dominant. The following day 2025-02-01 shows a slight recovery with lower volume, however, it is still unable to break the prior low, implying that selling pressure still remains. The market is currently in a state of price discovery at lower levels. The future trend is very likely to remain bearish, with continuation of some possible volatile downward movements. I would expect the price to test new lows, with potential small rebounds, but ultimately the downtrend should continue until bearish pressure wanes significantly. Potential support levels will likely be tested and broken. The market is showing signs of exhaustion after a very strong upward trend before this timeframe.

3. JELLYJELLY News Info

3.1 JELLYJELLY News List

• 20250131
  Data: The whale who successfully traded JELLYJELLY many times "bought at the top of the mountain" and ended up losing $522,000 📉
  AscendEX launches jelly-my-jelly (JELLYJELLY) 📈
  A whale traded jellyjelly and ended up losing $522,000
• 20250130
  Bitunix將上線 Jelly-My-Jelly (JELLYJELLY) 📈
  Gate.ioFirst launch of JELLYJELLY spot trading 📈
  After jellyjelly DEV deployed tokens, it increased its position and now has a floating profit of 4.048 million US dollars 📈
  A trader spent 4.75 SOL to buy jellyjelly, with a total profit of nearly $2.5 million 📈
  Gate.ioJELLYJELLY is launched in the Innovation Zone 📈
  Jellyjellys market value briefly hit $260 million, now at $210 million 📈
  Jellyjellys market value reaches $240 million 📈

3.2 JELLYJELLY News Analysis

JELLYJELLY exhibits extreme volatility and speculative trading. Initial surge fueled by exchange listings and developer activity caused rapid gains for early investors, reaching a notable market capitalization, however, the bubble appears to have burst, with a whale s significant loss signaling a shift in sentiment and reduced market value. Subsequent trading may see continued volatility and price corrections. The large fluctuations indicate a high-risk environment and future growth will likely depend on sustained developer engagement and broader market adoption, which currently remains uncertain.