Smartphone trends are heading towards to getting bigger and bigger nowadays, but a newly released phone seems to be heading in a different direction. Introducing Jelly, the world's smallest coin-pocket sized smartphone.

Running on a full version of Android 7.0 Nougat, the Jelly also has a pre-installed Google Play Store which allows you to download your favorite apps. This ultra-small smartphone features a 2.45-inch display and is 4G LTE ready.

According to Kick Starter, the Jelly is an impressively capable small-scale smartphone which is designed to be built small. It even fits your coin pocket without losing any functionality. It has already hit $57,876 for its Kickstarter campaign, almost double to its $30,000 goal.

The Jelly boasts a quad-core 1.1GHz processor with a 2GB RAM and 16GB internal memory for the Pro Version, although the base model of it comes with only 1GB RAM and 8GB of internal storage. It also has a micro SD card slot that lets you expand its storage to 32GB.

The phone also offers specs that you could expect on a small smartphone. It has a 240 x 432-pixel resolution. It also has an 8MP rear camera and a 2MP front camera.

This small smartphone is also equipped with a dual sim card capacity and is powered by a 950mAh battery. But wait, the best part is yet to come.

The Jelly is manufactured by Unihertz, a China-based company and is expected to be shipped this August, according to 9to5 Google. You can get it in 3 color variants; pearl white, sky blue, and space black.

Not only is it the smallest, but also the cheapest 4G, Nougat smartphone as well. The Jelly is priced at $59 for the base model in its Kickstarter campaign. It also has a Pro version that is priced at $75. It is also important to note that the Jelly has a $109 retail price for the base and $125 for the Pro version.