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Bullish
$GIGGLE Binance completes its first burn of transaction fees and a donation of nearly 1 million dollars
According to the Jijel Association, Binance has officially completed the first round of donations and burned transaction fees for the GIGGLE token.
🔸 From 1/11 to 29/11, the platform generated a total of 6,837.99 GIGGLE in fees, equivalent to approximately 975,700 US dollars.
🔸 Under the mechanism, 50% of this amount was donated to the Jijel Academy to support education, and the remaining 50% was burned directly, permanently reducing the circulating supply.
The combination of social responsibility and the contraction mechanism creates an interesting model for economic tokens. How do you assess the impact of this burn on the price of GIGGLE in the short term?
News for reference only, not investment advice. Please read carefully before making a decision.
$XRP
$BNB
#BinanceBlockchainWeek #BTC86kJPShock #BitcoinSPACDeal
According to the Jijel Association, Binance has officially completed the first round of donations and burned transaction fees for the GIGGLE token.
🔸 From 1/11 to 29/11, the platform generated a total of 6,837.99 GIGGLE in fees, equivalent to approximately 975,700 US dollars.
🔸 Under the mechanism, 50% of this amount was donated to the Jijel Academy to support education, and the remaining 50% was burned directly, permanently reducing the circulating supply.
The combination of social responsibility and the contraction mechanism creates an interesting model for economic tokens. How do you assess the impact of this burn on the price of GIGGLE in the short term?
News for reference only, not investment advice. Please read carefully before making a decision.
$XRP
$BNB
#BinanceBlockchainWeek #BTC86kJPShock #BitcoinSPACDeal
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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