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JELLY Soars 87% in a Day! But is SOL Facing a 'Critical Situation'? Keep an eye on this position tonight, as the direction is about to explode!
Friends, I am Qi He. I just came across a piece of news that really caught my attention: a Meme coin called JELLYJELLY in the Solana ecosystem surged by 87% in just one day! Its market cap has reached nearly 85 million USD. The hype is so palpable that I can almost smell money through the screen. But then I looked at SOL's own performance, and my heart sank. This trend and the hotness of the ecosystem are like summer and winter, respectively.
News:
The 87% increase of JELLYJELLY in one day indicates that the excitement in the Solana ecosystem is still alive, and money is looking for opportunities. However, this is a celebration of 'ecosystem coins' and does not directly translate to SOL's price soaring immediately. This is something to be cautious about, as funds may temporarily withdraw from mainstream coins to speculate on meme coins, putting pressure on SOL itself. This is called 'sector rotation,' and it is a common tactic used by speculators.
News:
The 87% increase of JELLYJELLY in one day indicates that the excitement in the Solana ecosystem is still alive, and money is looking for opportunities. However, this is a celebration of 'ecosystem coins' and does not directly translate to SOL's price soaring immediately. This is something to be cautious about, as funds may temporarily withdraw from mainstream coins to speculate on meme coins, putting pressure on SOL itself. This is called 'sector rotation,' and it is a common tactic used by speculators.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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