GIGGLE Fund Soars 145% to $250M Market Cap After Binance Listing Reveal
Binance-based meme coin GIGGLE Fund (GIGGLE) just went rough, jumping a whole 145% in just a few hours, shooting up from $89...
Quick overview
- GIGGLE Fund's price surged 145% from $89 to $262 after Binance announced its listing on the Alpha platform.
- The token's rise was fueled by a significant donation to Binance Academy, enhancing its reputation in the crypto community.
- Currently, GIGGLE is facing resistance around $217, with key support at $211 that traders are watching closely.
- If GIGGLE can maintain support at $211, it may rally towards $291-$300, but a drop below could lead to a decline to $163.
Binance-based meme coin GIGGLE Fund (GIGGLE) just went rough, jumping a whole 145% in just a few hours, shooting up from $89 to $262 and briefly getting as high as $290, which gave it a market cap of $250 million. The price really shot up after Binance confirmed that GIGGLE would be listed on its Alpha platform, with spot trading to follow. GIGGLE will start trading three pairs—GIGGLE/USDT, GIGGLE/USDC, and GIGGLE/TRY—allowing Alpha users to transfer their holdings when the main spot market opens.
Binance’s recognition of the growth of meme coins actually says a lot about the BNB ecosystem’s revival, and GIGGLE is right at the front of the pack after its big show of generosity to Binance Academy – the fact that it donated some of its funds there really helped its reputation and got investors on board.
From Memes to Market Rockstar
Who’d have thought that GIGGLE Fund, once just a laughing stock of the crypto community, would turn out to be such a powerhouse of a token, bringing together philanthropy and momentum trading? Its big donation to Giggle Academy was a real game-changer, making GIGGLE a socially responsible meme coin in what’s otherwise a pretty wild and speculative space. The result was a seriously strong rise in both volume (up 460%) and social media buzz, which was one of the strongest single-day moves by a Binance Smart Chain token this quarter.
GIGGLE Price Prediction: Can Bulls Defend $211?
Technically, GIGGLE’s rally has now hit a bit of a roadbump after its vertical takeoff from $85 to $290 – the 4-hour chart’s got a spinning top candle near the top which is a sign that buyers are getting a bit exhausted – and right now the price is hovering around $217, just above the 38.2% Fibonacci retracement at $211.
The RSI is showing overbought conditions at about 67, and the MACD is flattening, suggesting momentum might be slowing. If $211 holds up as support, then GIGGLE could head back up towards $291-$300, which would be a great sign for the bulls. However, if it does drop below $211, we could see prices go down the road to $163, which happens to line up with the 61.8% Fibonacci retracement and the 20-EMA support.
What traders should be looking for is a big bullish engulfing candle breaking above $230 to confirm that it’s safe to get back in. With all the good fundamentals in place, growing liquidity, and the catalyst of the Binance listing, GIGGLE is really a top contender for further upside – as long as the market mood stays the same.
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