#GIGGLE新闻更新与进展 $GIGGLE
- Key Events: On December 2, Binance completed the first batch of GIGGLE fee "donation + destruction". From November 1 to 29, a total of 6,837.99 GIGGLE (approximately $97.57 million) was processed, with 50% donated to Giggle Academy and 50% destroyed, reinforcing the deflationary narrative.
- Price and Market: Currently around $68, 24H range $64–$71, 30-day decline approximately 51%, down over 77% from the peak ($288.92), market cap approximately $68 million (total supply 1 million).
- On-chain and Narrative: BSC ecological charity Meme coin, 5% of transaction fees for donations; Giggle Academy has clarified that it has not issued GIGGLE, and CZ also emphasized that there is no official endorsement, with value solely relying on community consensus and liquidity support.
- Listing and Circulation: Listed on Binance and 21 other exchanges, Binance offers spot/leverage/Convert services, liquidity is acceptable but large amounts may cause slippage.
Key Price Levels (USD)
- Support: 64 (intraday) → 60 → 47.3 (strong support)
- Resistance: 70 → 75 → 80
Trading Strategy (can be executed directly)
- Conservative Long
- Entry: Stabilize on pullback 64–65, volume stop loss (bullish engulfing/long lower shadow)
- Stop Loss: 62 (breaks intraday support)
- Take Profit: 70 (reduce position) → 75 (liquidate)
- Position: ≤15%, enter in batches, do not chase high
- Aggressive Short
- Entry: Meet resistance on rebound 70–71, volume drop (bearish engulfing/upper shadow)
- Stop Loss: 73 (breaks 71 resistance)
- Take Profit: 65 (reduce position) → 64 (liquidate)
- Position: ≤10%, quick in and out, do not hold overnight
- Breakout Strategy
- Upside: Volume stabilize above 75 to chase long, target 80, stop loss 72
- Downside: Volume breaks below 60 to chase short, target 47.3, stop loss 63
Risks and Outlook
- Core Risks: No official endorsement, Meme sector sentiment low, high regulatory and liquidity risks.
- Optimistic: If the deflationary mechanism + charitable narrative regain consensus, it may rebound to 80–100.
- Pessimistic: Continued weakness or testing strong support at 47.3, or even lower.
