Giggle Fund, the charity-focused meme coin on Binance Smart Chain (BSC), has surged a massive 145% in the last few hours, following the exchange listing news. GIGGLE has come into the limelight following major donations to the Binance Academy project in September. Since then, it has seen a major rally, clocking $250 million market cap in a month’s time.
Meme Coin GIGGLE Fund Stages Strong Rally
Earlier today, the largest global crypto trading platform announced plans to list the newly launched BSC-based meme coin. Initially, GIGGLE will start trading on the Binance Alpha markets before it moves on to spot trading.
The spot trading pairs introduced on the platform include GIGGLE/USDT, GIGGLE/USDC, and GIGGLE/TRY. The development comes soon as founder Changpeng Zhao praised the rise of meme coins within the BNB ecosystem earlier this month.
Binance has announced that users will soon be able to transfer their GIGGLE tokens from Alpha Accounts to spot accounts. The exchange confirmed that GIGGLE will be delisted from Binance Alpha upon the launch of spot trading on Binance Spot. However, users will still be able to sell GIGGLE via Binance Alpha until that time.
Gaining Massive Traction to $250 Million Market Cap
Community-driven meme coin GIGGLE Fund has recently gained massive traction following its donations to CZ’s pet project, Giggle Academy. With just over a month of existence, the GIGGLE Fund crypto has become a $250 million asset.
The meme cryptocurrency came into existence after a user asked whether Giggle Academy would accept meme coin donations. Changpeng Zhao confirmed that all BNB fees collected are directly transferred to the project’s donation account. The statement lent unexpected legitimacy to the memecoin and further amplified market hype.
As of now, the GIGGLE price is trading at $262, surging from the lows of $89 earlier today. The news regarding the Binance listing has triggered a massive surge of 460% in daily trading volumes, now reaching to $154 million.
Furthermore, the Coinglass data shows a 280% surge in daily trading volumes to $121 million. This clearly highlights strong bullish sentiment among traders. Market experts are already predicting the next milestone to $1 billion market cap.
