Jelly-My-Jelly Token Jumps 46% in 24 Hours as Market Cap Tops $86M
JELLYJELLY’s brief rally to $0.50 pushed its market cap past $500 million before retreating, with a few large holders seeing significant unrealized gains.
Summary
JELLYJELLY briefly reached $0.50 on Nov. 5, pushing its market cap over $500 million before falling back to $0.245. Four new addresses accumulated 1.1935 million tokens valued at $10.08 million at purchase, now worth $30.22 million, translating into $20.13 million in unrealized profits. The activity highlights concentrated gains among a small group of holders.
Terms & Concepts
- Market Cap: The total value of a cryptocurrency, calculated by multiplying its current price by its circulating supply.
- Token: A digital asset issued on a blockchain, often representing a project or utility within a specific platform.