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CZ’s Giggle Academy distances itself from GIGGLE as token plunges

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 16 Views

Giggle Academy, founded by Binance’s CZ, clarified that it is not behind the GIGGLE token as market swings and community confusion continue to unfold.

Giggle Academy, a crypto educational project founded by Binance co-founder and former CEO Changpeng “CZ” Zhao, has renewed efforts to distance itself from the Giggle Fund token amid heightened volatility and mounting community skepticism.

In a Tuesday X post, Giggle Academy clarified that GIGGLE — a newly launched token linked to the project — is not issued by the organization and is a community-initiated memecoin.

“The Giggle memecoin is not an official coin launched by Giggle Academy,” CZ wrote on X on Monday, adding: “I don’t know who launched it.”

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