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Giggle Academy Raises $11 Million – Confusion Over $GIGGLE Tokens!
Binance’s Changpeng Zhao donates $11M to Giggle Academy, sparking confusion over $GIGGLE tokens.
Giggle Academy Raises $11 Million – Confusion Over $GIGGLE Tokens!
Binance founder Changpeng Zhao revealed that Giggle Academy has received an impressive $11 million in BNB donations in the last 20 days. This announcement was not only an important step for the educational project, but also caused significant confusion in the crypto market. Many traders thought that Giggle Academy had launched its own token, which turned out to be untrue. Zhao said the donation will help promote free basic education for students in grades 1 to 12 through a specially developed English-language app.
“$11,000,000 in hard currency (#BNB) donated to @GiggleAcademy to bring free education to the world,” Zhao wrote in a post, sparking excitement and joy among many traders. At the same time, however, some expressed concern that Zhao mentioned the $GIGGLE ticker when the project has not actually launched its own token. This caused various copycat tokens with the GIGGLE ticker to experience an unexpected surge.
Market reactions and trading volumes
The token was launched on September 22nd, a day after the fundraising appeal was officially announced. This rapid development shows the potential and interest in the Giggle Academy project, which aims to provide quality education for free to children worldwide.
Giggle Academy: A revolutionary learning platform
Giggle Academy is not just a fundraiser, but a nonprofit learning platform focused on ensuring free access to education. The app offers online courses in classic subjects such as math and science, but also modern topics such as finance, blockchain, artificial intelligence and entrepreneurship. Zhao emphasizes that since its inception, the project has provided more than 50,000 children with access to free education.
On September 21st, Giggle Academy announced that it would be accepting public donations to further its mission. Zhao’s screenshot shows that the Giggle Academy address holds approximately 8,722 BNB, which is worth more than $11.04 million. This support could be crucial to the success of the initiative, which aims to open up new opportunities for young people around the world.