Meme Coin JELLYJELLY Surges 1000 Percent

JELLYJELLY Meme Coin Surges Over 1000% Post-Launch

• JELLYJELLY, launched by Venmo co-founder Iqram Magdon-Ismail and investor Sam Lessin, surged over 1000% shortly after debut.
• The coin reached a market cap of $250 million before retracing 45% to $140 million.
• Launched on Solana’s Pump.fun and transitioned to Raydium following an announcement by Lessin.
• Anatoly Yakovenko, Solana Labs co-founder, supported the launch via social media.
• The token offers early access to the JellyJelly video-sharing app, which is available on the Apple App Store.

Following its launch, JELLYJELLY experienced a rapid increase in value but later decreased to a market cap of $140 million. The token provides early access to a new video-sharing app developed by its founders.