Solana-based meme coin JELLYJELLY jumped 40% in one day to $0.143 before retreating, underscoring heightened volatility and sentiment-driven trading in the meme token market.
Solana-based meme coin JELLYJELLY soared 40% over 24 hours, hitting a high of $0.143 before easing to $0.128, with its market cap reaching $128 million. This follows previous gains during broader market pullbacks. BlockBeats reiterated that meme coins like JELLYJELLY lack intrinsic utility and are highly volatile, predominantly influenced by trader sentiment.