#JELLYJELLYFuturesAlert

Hello Binance Community! We'd like to inform you about some interesting developments recently surrounding #JELLYJELLYFuturesAlert. JELLYJELLY is a new crypto token associated with the Jelly-My-Jelly video app, founded by Iqram Magdon-Ismail, who is also a co-founder of Venmo.

This token has recently gained significant attention, with its futures contracts being listed on several crypto exchanges. Notably, Binance has announced that it will list the JELLYJELLY/USDT perpetual contract at 00:00 on March 27, 2025 (UTC+8), with up to 50x leverage.

This listing could significantly impact the trading activity of JELLYJELLY, potentially opening up new trading opportunities for users. However, it's important to remember that futures trading involves high risk, and traders should exercise caution and conduct their own research before participating.

Furthermore, there have been reports of a recent incident involving a large trader attempting to manipulate the market price of JELLY by heavily shorting its futures on Hyperliquid while simultaneously buying it on the spot market, causing a price squeeze. This incident highlights the risks of market manipulation in the crypto space.

Stay tuned to Binance Square for more updates on #JELLYJELLYFuturesAlert-and other crypto market news!

#JELLYJELLYFuturesAlert #BinanceFutures #CryptoAlert #JellyMyJelly