Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
GIGGLE's Rapid Ascent Surpasses Fraud Alerts and Expert Reservations

GIGGLE's Rapid Ascent Surpasses Fraud Alerts and Expert Reservations

Bitget-RWA2025/10/25 21:54
By: Bitget-RWA
- GIGGLE token surged 118.7% after Binance listing, hitting $204 and $204M market cap. - Whale deposited 10,000 GIGGLE tokens on Binance, potentially generating $1.71M profit (376% ROI). - Giggle Academy denied token affiliation, warning of scams despite price rising 158.27%. - Analysts caution volatility lacks fundamentals, with 100% trading fees directed to Giggle Academy.

The

(GIGGLE) token has recently captured the spotlight in the crypto world after being listed on Binance, leading to a surge in both on-chain transactions and its price. On October 25, a significant whale transferred all 10,000 tokens it had gathered between September 27 and October 13 into Binance, as reported by blockchain analyst . Should this whale sell its holdings, it stands to gain $1.71 million in profit, marking a 376% return, according to . This transaction highlights the rising enthusiasm for GIGGLE, which has soared 118.7% over the past day, based on data from , far exceeding the overall crypto market's 0.3% increase.

Binance’s listing—one of the world’s largest crypto exchanges—ignited the token’s rapid ascent. The exchange revealed it would support GIGGLE with several spot trading pairs, such as GIGGLE/USDT, GIGGLE/USDC, and GIGGLE/TRY, as detailed by Cryptopolitan. Binance also assigned a "Seed Tag" to GIGGLE, signaling high volatility but confirming it has passed institutional-level due diligence, according to Cryptopolitan. Following this news, GIGGLE reached a record price of $204, pushing its market cap to $204 million, Coinotag reported. Some platforms observed a 150% price jump within hours of the listing, while others, like

, noted a 130% increase.

GIGGLE's Rapid Ascent Surpasses Fraud Alerts and Expert Reservations image 0

Large-scale investor activity has further intensified speculation. A notable wallet, 0x279c, withdrew $1.2 million in

from Binance and acquired 4,794 GIGGLE tokens at an average cost of $251 each, according to Cryptopolitan. The wallet’s holdings are now valued at $1.07 million, with GIGGLE comprising 99.4% of its assets, per Cryptopolitan. This heavy concentration underscores the token’s appeal among major players, despite lacking strong fundamentals.

Yet, the excitement has also sparked controversy. Giggle Academy, a nonprofit focused on education, released a statement distancing itself from the GIGGLE token and warning the public about possible scams, according to

. The organization clarified it has never issued a cryptocurrency or engaged in investment ventures, urging users to steer clear of suspicious links and phishing schemes. Despite these warnings, GIGGLE’s price continued its upward trajectory, jumping 158.27% in the past 24 hours, indicating that traders are favoring momentum over caution.

Recent integrations by Binance may also be boosting GIGGLE’s exposure. The exchange has teamed up with x402, a micropayment protocol backed by Coinbase, to offer instant, account-free transactions. Additionally,

Chain’s partnership with Finance aims to support decentralized prediction markets using modular technology, as highlighted by Cryptopolitan. These moves reinforce Binance’s role in driving liquidity and adoption for up-and-coming tokens like GIGGLE.

Although the recent rally has been dramatic, experts warn that this kind of surge is typical of the volatility seen after new listings. Coinotag pointed out that such rapid gains often lack lasting fundamentals and are driven by liquidity and order book dynamics. While GIGGLE’s model—allocating all trading fees to Giggle Academy—has won praise in the crypto community, the token’s long-term prospects will depend on ongoing demand and regulatory developments.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: Major Holders Accumulate $260M in Bitcoin While ETFs See $799M Withdrawn

- Bitcoin, Ethereum, and XRP fell in early November amid waning demand, ETF outflows ($799M for Bitcoin), and $2.6B in exchange withdrawals linked to whale activity. - Technical indicators showed bearish signals: Bitcoin below key EMAs, Ethereum near $3,700 support, and XRP's open interest declining as pressure mounted. - Despite short-term selloffs, Ethereum ETFs saw $9.6B Q3 inflows, while structural bulls controlled 68.6% of Bitcoin supply, hinting at potential accumulation phases. - Macroeconomic risks

Bitget-RWA2025/11/03 12:32
AI Critics Caution About Potential Bubble as Teleskope Raises $25 Million to Address Cybersecurity Risks

- Alex Chen’s Teleskope secures $25M to develop AI-driven cybersecurity tools, targeting advanced threats with real-time data analysis. - The global threat intelligence market, projected to hit $22.97B by 2030, sees investor confidence in AI solutions, with Sequoia and Andreessen backing Teleskope. - Rising AI-powered threat detection adoption, like Inversion6’s MDR platform, highlights the sector’s competitive landscape and cross-industry AI growth. - Skeptics warn of an "AI bubble," citing overvaluation

Bitget-RWA2025/11/03 12:16
Freshpet's Third Quarter Jump Overshadows Legal Troubles and Updated Growth Alerts

- Freshpet's Q3 2025 net sales surged 14% to $288.8M, driven by volume gains and price/mix adjustments, surpassing expectations. - The company achieved positive free cash flow early and revised 2025 guidance to $190-195M adjusted EBITDA with reduced capex. - Legal risks emerged as Rosen Law Firm launched a securities class action alleging misleading disclosures after a 6.36% stock drop. - Analysts remain cautiously optimistic with a "buy" rating and $70 median price target, despite recent 6.7% monthly shar

Bitget-RWA2025/11/03 12:16
IREN's $9.7B Agreement with Microsoft Draws Doubts as Insiders Sell Shares, Experts Caution

- IREN secured a $9.7B GPU cloud contract with Microsoft, including 20% upfront prepayment, to deploy NVIDIA GB300s over five years. - The deal involves $5.8B in GPU procurement from Dell, with Texas data center deployment starting in 2026 using liquid-cooled infrastructure. - IREN's stock surged 22% pre-market, but faces analyst skepticism over valuation risks and insider sales of 2M shares by co-CEOs. - Institutional investors showed mixed positions, while analysts warned about liquidity strains from pre

Bitget-RWA2025/11/03 12:16

Trending news

More
1
Bitcoin Updates: Major Holders Accumulate $260M in Bitcoin While ETFs See $799M Withdrawn
2
AI Critics Caution About Potential Bubble as Teleskope Raises $25 Million to Address Cybersecurity Risks

Crypto prices

More
Bitcoin
Bitcoin
BTC
$107,869.81
-2.61%
Ethereum
Ethereum
ETH
$3,716.07
-4.08%
Tether USDt
Tether USDt
USDT
$0.9999
+0.01%
XRP
XRP
XRP
$2.41
-5.45%
BNB
BNB
BNB
$1,019.15
-6.05%
Solana
Solana
SOL
$175.91
-5.22%
USDC
USDC
USDC
$0.9999
+0.01%
TRON
TRON
TRX
$0.2922
-1.19%
Dogecoin
Dogecoin
DOGE
$0.1747
-6.29%
Cardano
Cardano
ADA
$0.5773
-5.66%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter