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GIGGLE memecoin explodes to $110 – But what’s behind it?
GIGGLE memecoin shot to $110 after Binance announcement. 50% of trading fees go to educational projects.
GIGGLE memecoin explodes to $110 – But what’s behind it?
The GIGGLE memecoin has seen an impressive price increase to $110 on November 3, 2025 after Binance announced support for its donation fund. This announcement means that Binance will donate 50% of all GIGGLE trading fees to charitable projects starting December 2025. GIGGLE is described as a “charity-focused memecoin” launched on the BNB Chain with the goal of converting trading fees into donations to support children’s education through CZ’s Giggle Academy.
Following the announcement, GIGGLE trading volume increased by 150% compared to the previous day. Despite the jump, GIGGLE's price subsequently corrected to around $59, slightly below its 30-period moving average of $59.23. The Relative Strength Index (RSI) for GIGGLE is at 50.32, indicating neutral momentum. This development is notable as Binance underlined that GIGGLE is not officially affiliated with Changpeng Zhao or his Giggle Academy, but will support the fundraising campaign.
Binance and the responsibility of the GIGGLE community
Binance CEO Changpeng Zhao stated that he does not know who created the GIGGLE memecoin and reiterated that it is not an official token of his educational project. Another crucial element of this initiative is that Binance will withdraw its support if the GIGGLE community does not donate the proceeds to the educational project.
Earlier this month, a tweet from CZ about $11 million in BNB donations to the education project led to a brief spike in GIGGLE, but that quickly faded. These ups and downs in prices and the uncertainties surrounding the official connection between GIGGLE and Zhao raise questions about the sustainability and stability of this memecoin.
The GIGGLE community is now at a crucial point. The potential donations could have a significant impact on the education sector, assuming the community can provide the necessary funds. Binance and GIGGLE supporters will likely be watching closely over the coming months to see how successful the initiative will be in practice.