JellyCoin
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🚀 Jelly Coin Ready to Pump? Low-Cap Gem Alert! 🚀
📉 Market Down – But Jelly Shows Strength!
🔍 Quick Stats:
🔹 Market Cap: $15M (Micro-Cap 🚀)
🔹 24h Volume: $27M+ (💥 Volume > Market Cap = Bullish Signal!)
🔹 Selling Pressure is Decreasing on the 12H timeframe!
📊 Key Levels to Watch:
🟢 Buy Zone: $0.012 – Best accumulation area 🎯
🔺 Target: $0.021 - $0.022 (🔥 100%+ Potential Upside!)
⚠️ Risk: High volatility, potential wicks below support – Manage your entries!
💡 Why This Coin?
🔸 Strong Volume-to-Market Cap Ratio – Indicates big moves ahead
🔸 Micro-cap Play – Lower liquidity means explosive upside possible
🔸 Market-wide Selloff – But Jelly is holding key levels!
🚀 Next Move? If we hold $0.012, we could see a 100% surge soon! Watch closely!
📣 Are you buying Jelly? What’s your price target? Drop your thoughts below! 👇💬
#crypto #JellyCoin #altcoins #MarketAnalysis #CryptoGems 🚀
📉 Market Down – But Jelly Shows Strength!
🔍 Quick Stats:
🔹 Market Cap: $15M (Micro-Cap 🚀)
🔹 24h Volume: $27M+ (💥 Volume > Market Cap = Bullish Signal!)
🔹 Selling Pressure is Decreasing on the 12H timeframe!
📊 Key Levels to Watch:
🟢 Buy Zone: $0.012 – Best accumulation area 🎯
🔺 Target: $0.021 - $0.022 (🔥 100%+ Potential Upside!)
⚠️ Risk: High volatility, potential wicks below support – Manage your entries!
💡 Why This Coin?
🔸 Strong Volume-to-Market Cap Ratio – Indicates big moves ahead
🔸 Micro-cap Play – Lower liquidity means explosive upside possible
🔸 Market-wide Selloff – But Jelly is holding key levels!
🚀 Next Move? If we hold $0.012, we could see a 100% surge soon! Watch closely!
📣 Are you buying Jelly? What’s your price target? Drop your thoughts below! 👇💬
#crypto #JellyCoin #altcoins #MarketAnalysis #CryptoGems 🚀
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Start of the week, what a madness!
The case of JELLY in Hyperliquid was a crypto scandal that began with a low-cap memecoin created by Iqram Magdon-Ismail.
An anonymous trader opened a short position of $6M in Hyperliquid, a perpetual futures DEX, and allegedly manipulated the price of JELLY in other markets, shooting it up by 400%. This generated an unrealized loss of $12M in Hyperliquid's vault, threatening its solvency. Binance and OKX listed JELLY, amplifying the chaos, which some saw as a coordinated attack. Hyperliquid closed the market and fixed the price at $0.0095, reversing losses and making a profit of $700K, while promising refunds to non-manipulating users. Although it avoided a collapse, the centralized intervention unleashed criticism from figures like Arthur Hayes, questioning its decentralization. The trader made $6.26M and retains 10% of JELLY. It was a pragmatic rescue, but at the cost of sacrificing DeFi principles, leaving doubts about Hyperliquid's model.
An anonymous trader opened a short position of $6M in Hyperliquid, a perpetual futures DEX, and allegedly manipulated the price of JELLY in other markets, shooting it up by 400%. This generated an unrealized loss of $12M in Hyperliquid's vault, threatening its solvency. Binance and OKX listed JELLY, amplifying the chaos, which some saw as a coordinated attack. Hyperliquid closed the market and fixed the price at $0.0095, reversing losses and making a profit of $700K, while promising refunds to non-manipulating users. Although it avoided a collapse, the centralized intervention unleashed criticism from figures like Arthur Hayes, questioning its decentralization. The trader made $6.26M and retains 10% of JELLY. It was a pragmatic rescue, but at the cost of sacrificing DeFi principles, leaving doubts about Hyperliquid's model.
Volatility in the Futures Market
The price of JELLYJELLY on Hyperliquid saw a significant drop, drawing attention to the volatility in the futures market. 📉 This has highlighted the importance of timely interventions and caution when trading in highly volatile markets.
#JellyCoin #Hyperliquid #ChallengeAccepted #memecoin #DiversifyYourAssets
The price of JELLYJELLY on Hyperliquid saw a significant drop, drawing attention to the volatility in the futures market. 📉 This has highlighted the importance of timely interventions and caution when trading in highly volatile markets.
#JellyCoin #Hyperliquid #ChallengeAccepted #memecoin #DiversifyYourAssets
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