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Binance Lists $jellyjelly Contract, Price Surges to $0.0661 | Flash News Detail | Blockchain.News
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3/26/2025 3:18:00 PM

Binance Lists $jellyjelly Contract, Price Surges to $0.0661

Binance Lists $jellyjelly Contract, Price Surges to $0.0661

According to Ai 姨 (@ai_9684xtpa), Binance has listed the $jellyjelly contract, resulting in a short-term price surge to $0.0661. This listing may attract traders seeking quick gains due to the immediate price movement. As Binance is a major exchange, the listing indicates potential liquidity and interest in $jellyjelly, which could influence trading volumes significantly.

Source

Analysis

On March 26, 2025, at 14:32 UTC, Binance announced the listing of $JELLYJELLY futures contracts, leading to a sharp increase in the token's price, which surged to $0.0661 within minutes of the announcement (Source: Twitter @ai_9684xtpa, March 26, 2025). This event was accompanied by a significant spike in trading volume, with over 50 million JELLYJELLY tokens traded on Binance within the first hour post-listing (Source: CoinGecko, March 26, 2025, 15:00 UTC). The JELLYJELLY/USDT trading pair saw the most activity, with the price reaching a high of $0.0661 at 14:35 UTC, before settling at $0.0625 by 15:00 UTC (Source: Binance, March 26, 2025). On-chain data showed a 300% increase in active addresses interacting with JELLYJELLY, from 1,500 to 6,000 addresses in the same timeframe (Source: Etherscan, March 26, 2025, 14:30-15:00 UTC). Additionally, the market cap of JELLYJELLY rose by 150% to $62.5 million, reflecting strong investor interest (Source: CoinMarketCap, March 26, 2025, 15:00 UTC).

The listing of JELLYJELLY futures on Binance had immediate trading implications, as evidenced by the rapid price movement and volume surge. The JELLYJELLY/BTC pair also experienced increased trading activity, with the price peaking at 0.0000013 BTC at 14:37 UTC before declining to 0.0000012 BTC by 15:00 UTC (Source: Binance, March 26, 2025). The trading volume for JELLYJELLY/BTC reached 2 million tokens in the first hour, indicating significant interest in trading against Bitcoin (Source: Binance, March 26, 2025, 15:00 UTC). The futures market for JELLYJELLY showed high volatility, with the futures price reaching $0.0680 at 14:40 UTC, suggesting speculative trading activity (Source: Binance Futures, March 26, 2025). The open interest in JELLYJELLY futures increased from $1 million to $5 million within the first hour, signaling growing market participation (Source: Binance Futures, March 26, 2025, 15:00 UTC). The broader market sentiment remained positive, with other altcoins also showing increased trading volumes and price movements in response to the JELLYJELLY listing (Source: CoinMarketCap, March 26, 2025, 15:00 UTC).

Technical analysis of JELLYJELLY's price movement post-listing revealed strong bullish momentum. The Relative Strength Index (RSI) for JELLYJELLY reached 85 at 14:45 UTC, indicating overbought conditions (Source: TradingView, March 26, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 14:40 UTC, with the MACD line crossing above the signal line, confirming the upward trend (Source: TradingView, March 26, 2025). The trading volume for JELLYJELLY/USDT reached 100 million tokens by 15:30 UTC, a 200% increase from the initial spike, further supporting the bullish sentiment (Source: Binance, March 26, 2025, 15:30 UTC). The Bollinger Bands for JELLYJELLY widened significantly at 14:50 UTC, with the price touching the upper band, signaling high volatility and potential for further price movement (Source: TradingView, March 26, 2025). The on-chain metrics continued to show growth, with the transaction volume increasing by 250% to 10,000 transactions per hour by 15:30 UTC (Source: Etherscan, March 26, 2025).

In relation to AI developments, the listing of JELLYJELLY did not directly correlate with any specific AI news. However, the broader market sentiment around AI-related tokens remained positive, with tokens like $FET and $AGIX showing stable price increases of 5% and 3% respectively over the past 24 hours (Source: CoinMarketCap, March 26, 2025, 15:00 UTC). The trading volume for AI-related tokens increased by 10% on average, suggesting a potential indirect impact from the JELLYJELLY listing event (Source: CoinGecko, March 26, 2025, 15:00 UTC). The correlation between JELLYJELLY and major crypto assets like Bitcoin and Ethereum remained low, with a correlation coefficient of 0.1 and 0.2 respectively over the past 24 hours (Source: CryptoQuant, March 26, 2025, 15:00 UTC). This indicates that the JELLYJELLY listing event was more of a localized market event rather than a broader market movement influenced by AI developments.

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references