The cryptocurrency token JELLY has experienced a significant price surge, achieving a market cap of $100 million within just 24 hours. This rapid growth reflects increased trading activity and liquidity in the cryptocurrency market. However, key leadership comments remain absent, aligning with previous experiences of volatility for low-market cap altcoins. Despite this brief surge, broader crypto markets show little change. Financial analysts caution that investors should be wary of potential price retracements. 29,000 unique holders have joined the community as a sign of increased interest in JELLY’s future prospects. Though the lack of regulatory action presents opportunities for market engagement, it also introduces uncertainty regarding long-term strategy.