$GIGGLE 📢 Giggle Community Update: What’s Going On With the December 1st Buyback & Burn?
Many community members have been asking the same question:
“Binance announced a 50% trading-fee buyback and burn starting December 1st — so why don’t we see any burn transactions yet?”
Here’s a clear breakdown of the situation:
✅ 1. The Announcement Was Real
Binance officially stated that starting December 1st, 50% of all trading fees from GIGGLE pairs would be used for:
Token buyback
50% donation + 50% burn
So yes — the mechanism should now be active.
⏳ 2. But No On-Chain Burn Transaction Has Appeared Yet
We checked:
BscScan (token contract transfers)
Supply charts
Dead-address movements
Major trackers (CMC / CG)
As of now:
Total supply is still 1,000,000
No visible burn TX has appeared on the blockchain
No donation/burn receipt has been published by Binance or the project
This simply means the burn has not been publicly executed yet, or the update/report is pending.
🔍 3. Possible Reasons
Binance may process the first batch after fee-calculation closes
Monthly report might drop with a delay
Burn wallets may not yet be updated or announced
Data sites sometimes refresh 24–48 hours late
📅 4. What We Expect Next
The community is waiting for:
The first on-chain burn transaction
A public TX hash from Binance
Updated supply data
A clear statement confirming the cycle has started
Once the first burn is confirmed, confidence and visibility will increase massively.
🟢 5. Final Thoughts
The mechanism is officially announced, so it should happen —
but until the first on-chain burn appears, the community is right to ask questions.
Stay alert, keep tracking the contract, and let’s hope the first batch of burns shows up soon.
