On-chain analyst Ai Yi has detected that the JELLYJELLY chain has a market capitalization of $89.95 million, which differs significantly from the $67.17 million market cap of a certain CEX contract, with a spread of 34%. The price anomaly began this morning, and at 2 PM, the price surged again while the futures price declined. The CEX JELLY contract open interest skyrocketed to $9.96 million, with a funding rate of -2%, indicating large-scale short positions.

Gate News bot Message: On November 04th, JELLY token (\$JELLY) has been listed on Gate exchange. JELLY is the native token of the Jelly ecosystem, a decentralized finance (DeFi) platform aiming to provide innovative financial products and services.

According to BlockBeats news on November 3, monitored by GMGN, Jelly-My-Jelly (JELLY) has been continuously pumping since yesterday at 12:00, with market capitalization rebounding to over 86 million USD, a 24-hour rise of 46%, and a nearly 1-hour rise of 18%.