Deep Dive
1. $500M Market Cap Peak (5 November 2025)
Overview:
JELLYJELLY briefly hit a $500M market cap ($0.50 per token) on November 4, defying a broader market downturn (Bitcoin below $100K). However, it plunged 50% within hours, settling at $0.25. Blockchain analytics firm Bubblemaps flagged suspicious activity: seven wallets withdrew 20% of JELLYJELLY’s supply from exchanges like Gate.io, potentially squeezing liquidity to inflate prices.
What this means:
This volatility underscores JELLYJELLY’s susceptibility to coordinated trading. While the rally showcased meme coin resilience during bearish markets, recurring manipulation allegations (e.g., March 2025 Hyperliquid short squeeze) erode trust. Traders should monitor exchange withdrawals and open interest for liquidity shifts.
(Yahoo Finance)
2. 200% Single-Day Rally (4 November 2025)
Overview:
JELLYJELLY surged 235% on November 4, hitting a $200M market cap. The pump reignited concerns after a March 2025 incident where a whale manipulated Hyperliquid’s HLP vault, causing $12M in paper losses. This time, decentralized exchange Aster listed JELLYJELLY with 5x leverage before the rally, amplifying liquidation risks.
What this means:
The token’s volatility attracts speculative traders but raises systemic risks. Platforms offering high leverage on low-liquidity assets like JELLYJELLY could face cascading liquidations, as seen in March. Investors should weigh meme coin sentiment against thin order books.
(Gate.io)
3. Regulatory Ripple Effects (4 November 2025)
Overview:
Crypto payment firm Dupay shut down, citing regulatory pressures and market instability. While not directly tied to JELLYJELLY, the exit reflects broader sector fragility. Canada’s new stablecoin rules and U.S. political gridlock further cloud the environment for high-risk assets.
What this means:
Tighter regulations could reduce liquidity for speculative tokens like JELLYJELLY, especially if exchanges delist coins with compliance risks. However, meme coins often thrive in regulatory gray areas—monitor enforcement trends.
(Bitget)
Conclusion
JELLYJELLY’s recent swings highlight meme coins’ double-edged appeal: viral potential vs. manipulation and regulatory headwinds. While its community-driven model fuels rallies, recurring controversies suggest fragility. Will JELLYJELLY’s cultural appeal outpace its systemic risks, or will tighter oversight cap its upside?