The meme-token spotlight has swung sharply for GIGGLE. After a frenzied up-swing driven by listings and hype, GIGGLE plummeted more than 20 % in just 24 hours, falling below US$70.  This dramatic slide underscores how quickly investor sentiment can change in the world of crypto. At the heart of the tumble was a public statement from Changpeng Zhao (CZ) rejecting any official affiliation between GIGGLE and the charitable arm Giggle Academy — a link many buyers had assumed. 
GIGGLE’s meteoric rise—fueled by exchange listings and large “whale” purchases—created a fragile peak.  The sudden denial of ties triggered a wave of sell‐orders, leaving early speculators exposed. Moreover, whale wallets controlling large stakes now face heavy losses, amplifying the downward pressure. The episode is a reminder of the double-edged nature of meme-coins: massive upside can vanish just as fast when narrative and trust slip. For investors, GIGGLE now serves as a cautionary tale: hype alone doesn’t guarantee staying power. Unless fresh catalysts emerge—such as verified partnerships or real utility—volatility is likely to persist.
GIGGLE
81.24
-11.17%
