GIGGLE (Giggle Fund) rose 7.34% in 24 hours

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, GIGGLE (Giggle Fund) is currently priced at $141.88, with a rise of 7.34% in the last 24 hours, reaching a high of $175.69 and a low of $127.14, with a trading volume of $37.9 million in the last 24 hours. The current market capitalization is approximately $142 million, an increase of nearly $9.7 million compared to yesterday.

GiggleFund is a community donation platform that supports children's education. The project funds GiggleAcademy through community donations and aims to become an unstoppable force for good. Each transaction incurs a 5% tax directly donated to the GiggleFund smart contract, with 100% allocated to educational causes, without team allocation or development tax. GiggleFund is a community-driven initiative that supports education, but it is not an official project of Giggle Academy.

Important news about GIGGLE recently:

1️⃣ Gate will support GIGGLE trading fee donations Starting from December 2025, Gate will donate 50% of the trading fees generated from spot and leveraged trading of Giggle Fund ($GIGGLE) to support charitable projects advocated by Giggle Fund. This initiative is expected to improve the liquidity and volume of GIGGLE, while enhancing its credibility, making it a potential factor in driving the price for a long-term rise.

2️⃣ Giggle Academy Clarifies Relationship with GIGGLE Token Giggle Academy officially states that GIGGLE is not a token officially issued by them, and there are currently no plans to issue any cryptocurrencies, tokens, or smart contracts. The organization emphasizes its mission to promote free quality education globally and reminds users to be wary of counterfeit official token projects. This clarification may raise questions in the market about the legitimacy of the GIGGLE token, potentially becoming one of the main reasons for price fluctuations.

3️⃣ Market sentiment fluctuations lead to significant price volatility GIGGLE has recently experienced severe market fluctuations, with significant rises and falls in a short period. Over the past few days, GIGGLE's price has fluctuated dramatically between $47.79 and $266.19, reflecting the market's high attention and speculative sentiment towards the token. This high volatility has also led to a large number of liquidation events, further exacerbating the price instability.

From a technical perspective, GIGGLE has recently maintained a large volatility range, indicating that there is still a high level of uncertainty and speculation in the market. On the fundamental side, Gate's decision to support transaction fee donations may bring more long-term support and attention to GIGGLE, but the clarification of the relationship between Giggle Academy and the GIGGLE token project may also have a significant impact on the long-term development prospects of the token, leading to a setback in investor confidence.

This message is not intended as investment advice; investors should be aware of market volatility risks.