GIGGLE (Giggle Fund) rose 158.23% in 24 hours

Gate News Bot message, on November 6th, according to CoinMarketCap, as of the time of writing, GIGGLE (Giggle Fund) is currently priced at $241.72, having risen by 158.23% in the last 24 hours, with a high of $266.19 and a low of $47.79. The 24-hour volume reached $308 million. The current market capitalization is approximately $242 million, an increase of $148 million compared to yesterday. GIGGLE is currently ranked 220th in global Crypto Assets market capitalization.

GiggleFund is a community donation platform that supports children's education. The project supports GiggleAcademy through community donations, striving to become an unstoppable force of goodwill. GiggleFund is built by the community and serves the community, realizing true community takeover. Each transaction incurs a 5% tax, which is fully donated directly to the GiggleFund smart contract to support educational initiatives. It is worth noting that GiggleFund is a community-driven meme coin project and has not received official recognition or endorsement from Giggle Academy.

Important news about GIGGLE recently:

1️⃣ Gate announces support for GIGGLE trading fee donations Starting from December 2025, Gate will support the donation of 50% of the transaction fees generated from the spot and leveraged trading of Giggle Fund ($GIGGLE) to support charitable projects advocated by the Giggle Fund. This initiative is expected to enhance the liquidity and volume of GIGGLE, while also strengthening its credibility, becoming an important factor in driving the price rise.

2️⃣ Giggle Academy Clarifies Relationship with GIGGLE Token Giggle Academy officially stated that GIGGLE is not an officially issued coin by them, and there are currently no plans to issue any Crypto Assets, tokens, or smart contracts. The organization emphasizes that its mission is to promote free quality education globally and reminds users to be wary of counterfeit official token projects. This clarification may raise questions about the legitimacy of the GIGGLE token in the market, but it also alleviates some investors' concerns.

3️⃣ Market sentiment fluctuations lead to significant price volatility GIGGLE has recently experienced significant market fluctuations, with substantial rises and falls in a short period. Data shows that in the past 4 hours, the liquidation amount for GIGGLE reached $3.306 million, with long positions liquidated at $2.0586 million and short positions liquidated at $1.2474 million. This high volatility reflects the market's strong attention and speculative sentiment towards GIGGLE.

From a technical perspective, GIGGLE has experienced significant fluctuations from $47.79 to $266.19 in the past 24 hours, with the current price stabilizing at $241.72, indicating a high level of market uncertainty and speculation. Fundamentally, 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 could also have a significant impact on the long-term development prospects of the token.

This message does not constitute investment advice, and investors should be aware of market volatility risks.