{"id":90646,"date":"2025-11-04T18:30:00","date_gmt":"2025-11-04T15:30:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90646"},"modified":"2025-11-04T18:30:32","modified_gmt":"2025-11-04T15:30:32","slug":"giggle-academy-denies-links-to-giggle-memecoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/giggle-academy-denies-links-to-giggle-memecoin\/","title":{"rendered":"Giggle Academy Denies Links to GIGGLE Memecoin"},"content":{"rendered":"<p>Founded by former Binance CEO Changpeng Zhao (CZ), the <a href=\"https:\/\/forklog.com\/en\/news\/former-binance-ceo-launches-educational-platform\">Giggle Academy project<\/a> has no connection to the <a href=\"https:\/\/forklog.com\/en\/news\/meme-tokens-from-joke-to-scam\">memecoin<\/a> Giggle Fund (GIGGLE), according to a statement from its team.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Official Statement | Giggle Academy<br \/>1. The Giggle Fund token is not issued by Giggle Academy; it is a memecoin initiated by the community.<\/p>\n<p>2. We appreciate the donations from the community, and we have set up a donation page to publicly disclose all income and expenses.<\/p>\n<p>3.\u2026<\/p>\n<p>\u2014 Giggle Academy (@GiggleAcademy) <a href=\"https:\/\/twitter.com\/GiggleAcademy\/status\/1985643338138268157?ref_src=twsrc%5Etfw\">November 4, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to <a href=\"https:\/\/coinmarketcap.com\/cmc-ai\/giggle-fund\/what-is\/\">CoinMarketCap<\/a>, Giggle Fund is a charity-focused token on the BNB Chain. The project converts trading activity into donations for Giggle Academy.<\/p>\n<p>The coin is designed to automatically donate 5% of each transaction to fund educational projects.<\/p>\n<p>On November 3, Binance <a href=\"https:\/\/x.com\/binance\/status\/1985275958350536769\">announced<\/a> plans to direct 50% of trading fees from the coin to charitable initiatives starting in December. This led users to speculate that the educational organization and its founder were behind the coin.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">another criminall activity by cz i&#8217;m watching you <a href=\"https:\/\/t.co\/DhX2HpRLDO\">pic.twitter.com\/DhX2HpRLDO<\/a><\/p>\n<p>\u2014 Vineet (@LoserVineet) <a href=\"https:\/\/twitter.com\/LoserVineet\/status\/1985276596559774037?ref_src=twsrc%5Etfw\">November 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Another criminal activity by CZ \u2014 I&#8217;m watching you,&#8221; wrote one user.<\/em><\/p>\n<\/blockquote>\n<p>Zhao also commented on the rumors and explained the mechanism for burning received donations. According to him, the Giggle Fund smart contract will directly transfer BNB to a public Giggle Academy address designated for donations.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Giggle Fund Token smart contract (designed by the community) donates <a href=\"https:\/\/twitter.com\/hashtag\/BNB?src=hash&#038;ref_src=twsrc%5Etfw\">#BNB<\/a> directly to the public <a href=\"https:\/\/twitter.com\/GiggleAcademy?ref_src=twsrc%5Etfw\">@GiggleAcademy<\/a> donation address.<\/p>\n<p>The <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\">@Binance<\/a> proposed donation of their trading fees is in the Giggle Fund Token. <a href=\"https:\/\/twitter.com\/GiggleAcademy?ref_src=twsrc%5Etfw\">@GiggleAcademy<\/a> will burn half of what it receives there, and\u2026 <a href=\"https:\/\/t.co\/ZOGizPF78n\">https:\/\/t.co\/ZOGizPF78n<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1985655125684244771?ref_src=twsrc%5Etfw\">November 4, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The Binance proposal for trading fee donations is in Giggle Fund Tokens. Giggle Academy will burn half of the received coins and convert the rest into BNB,&#8221; Zhao explained.<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Manipulation or Not?<\/h2>\n<p>The GIGGLE memecoin emerged in September, and since then its price has risen by more than 170%.<\/p>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/giggle-fund\">CoinGecko<\/a>, on October 25, the token&#8217;s price reached an all-time high of $274.54, with a market capitalization of $277 million. At the time of writing, the asset is trading at $77 with a market value of $76 million, a decrease of 113%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"598\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-02eb357b587b4095-8661242476637318-1024x598.png\" alt=\"image\" class=\"wp-image-268946\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-02eb357b587b4095-8661242476637318-1024x598.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-02eb357b587b4095-8661242476637318-300x175.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-02eb357b587b4095-8661242476637318-768x448.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-02eb357b587b4095-8661242476637318-1536x897.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-02eb357b587b4095-8661242476637318.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of GIGGLE\/USDT on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/atJ4mYHE\/?symbol=BINANCE%3AGIGGLEUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;They really pumped this GIGGLE and used you all as exit liquidity,&#8221; <\/em><a href=\"https:\/\/x.com\/Crypto_Alch\/status\/1985635127544746224\"><em>wrote<\/em><\/a><em> a user named The Alchemist.<\/em><\/p>\n<\/blockquote>\n<p>Another user under the pseudonym Degen_tactician <a href=\"https:\/\/x.com\/degen_tactician\/status\/1985669575829278739\">called<\/a> the situation &#8220;manipulation under the guise of philanthropy&#8221;:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Binance pretends to be a philanthropist while half of the donations go up in smoke. CZ plays the roles of accountant, priest, and magician \u2014 burning, blessing, and saying it&#8217;s &#8216;for the kids&#8217;.&#8221;<\/em><\/p>\n<\/blockquote>\n<p>Nonetheless, some doubted the malicious intent and <a href=\"https:\/\/x.com\/sebiisb\/status\/1985655411647582585\">praised<\/a> Zhao for transparency and commitment to good causes.<\/p>\n<p>Back in October, U.S. President Donald Trump <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-pardons-binance-founder\">pardoned<\/a> the founder of Binance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded by former Binance CEO Changpeng Zhao, Giggle Academy has no connection to the Giggle Fund (GIGGLE) memecoin, according to its team.<\/p>\n","protected":false},"author":1,"featured_media":90647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Giggle Academy denies links to GIGGLE memecoin, clarifying its stance.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,935,1161],"class_list":["post-90646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-changpeng-zhao","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"164","promo_type":"1","layout_type":"1","short_excerpt":"Giggle Academy denies links to GIGGLE memecoin, clarifying its stance.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=90646"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90646\/revisions"}],"predecessor-version":[{"id":90648,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90646\/revisions\/90648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90647"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}