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The entire market is in a big dump.
At this moment, the forgotten meme coin $JELLYJELLY quietly surged to a market value of 400 million dollars.
What's going on? It turns out that 7 wallets have swept 20% of the circulating supply on centralized exchanges. This operation is a typical case of whales concentrating their positions.
When the market is in turmoil, there are always a few projects that soar against the trend. The recent surge of $JELLYJELLY came without warning - no one was paying attention before, and then it suddenly jumped out from the corner.
Key information: 7 addresses, 20% supply, all completed on CEX. With such a concentrated chip distribution, the subsequent trend will be very interesting. Either continue to rise, or... you know what I mean.
The gameplay of Meme coins is like this: sometimes, when the market crashes, it actually gives certain coins the opportunity to perform. Funds always need a place to go, but I didn't expect this time it chose $JELLYJELLY.