🤑 JELLYJELLY: A Meme Coin’s Absurd Rise Amid Crypto’s Fall 🤑

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In the bleak wasteland of the cryptocurrency market, where fortunes crumble like stale bread, a grotesque anomaly has emerged. Jelly-My-Jelly (JELLYJELLY), a Solana-based meme coin, has defied the gravitational pull of reality, soaring to heights that mock the suffering of its peers. 🌙✨

This absurd ascent, however, has not gone unnoticed. The watchful eyes of Bubblemaps, a blockchain analytics platform, have cast a skeptical gaze upon this farce, whispering of coordinated schemes and the dark arts of market manipulation. 🕵️♂️💼

JELLYJELLY’s Ludicrous Rally: A Slap in the Face of Logic

On the fateful day of November 4, the cryptocurrency market wept bitter tears as Bitcoin (BTC) plummeted below $100,000, and Ethereum (ETH) knelt at $3,000, a humiliation not seen since the scorching days of July. Yet, amidst this carnage, JELLYJELLY danced on the graves of its fallen comrades, reaching an all-time high of $0.5. Its market capitalization, a bloated $500 million, stood as a monument to absurdity. 🎢💸

Alas, the gods of reason intervened, and JELLYJELLY faced a modest correction. At the time of this chronicle, it traded at $0.25, still boasting a 31.7% gain in the past 24 hours. A fleeting victory, perhaps, but a victory nonetheless. 📉🔮

Its market value, now a mere $250 million, still drew the rabble like flies to honey. CoinGecko’s data revealed a 96% surge in daily trading volume, reaching $462 million. The masses, it seems, are ever eager to gamble on the absurd. 🤑🎪

Is JELLYJELLY’s Rally a Farce or a Tragedy?

Bubblemaps, ever the sentinel of truth, raised its voice in warning. Seven wallets, dormant until now, withdrew 20% of JELLYJELLY’s supply from Gate.io and Bitget over four days. Lo and behold, the token’s price leaped 600%, only to crash 80% from its previous zenith. A tale as old as time, yet as fresh as yesterday’s bread. 🕰️🔍

“Shortly after these CEX withdrawals, JELLYJELLY jumped +600%…. after dropping 80% from previous highs,” Bubblemaps posted, its tone dripping with disdain. 📉📈

This, dear reader, is the stuff of manipulation-a puppet show where liquidity is strangled, and prices are forced upward like a clown’s grin. A false dawn, a mirage in the desert of greed. 🎭🐍

And yet, this is not JELLYJELLY’s first dance with deceit. In March 2025, it starred in a drama on HyperLiquid, a decentralized exchange. A whale, with malice aforethought, engineered a short squeeze, threatening $230 million in losses to the HLP vault. The aftermath? HyperLiquid delisted JELLYJELLY, refunded the victims, and tightened its noose of security. A cautionary tale, but one that fell on deaf ears. 🐳⚖️

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2025-11-05 10:36