Memecoin $GIGGLE May Have Helped Raise More Than $1.3M for CZ’s Giggle Academy

• Over $1.3M donated in under a day via BNB

• Majority of funds came from trading fees of the Giggle memecoin sent to Giggle Academy as BNB.

• Giggle Fund recorded a 470% surge in transactions in 24 hours with $2.8M volume (DEX Screener data).

Giggle Academy donations surged to $1.3M via Giggle memecoin trading fees — learn how donations work and what funds will support.

The lion’s share of donations has come from trading fees for a newly launched memecoin called $GIGGLE, launched by an X user known as RUNE.

Binance co-founder Changpeng “CZ” Zhao’s edutech venture, Giggle Academy, managed to amass over a million dollars in public donations within half a day, thanks mainly to a memecoin.

Giggle Academy’s donation address showed a balance of over 1,311 BNB (BNB) worth over $1.3 million at the time of writing, according to the BNB Smart Chain scan tool BscScan, after opening for donations on Sunday.

A large portion of the donations came through a memecoin called “Giggle,” which was launched by the Giggle Fund, which has been sending trading fees charged for the memecoin to the Giggle Academy as BNB.

Giggle Academy said all donations are being used for community building, creator incentives, ecosystem development, plus product promotion. The project’s concept paper proposes a system where teachers can contribute educational material and offer rewards for the best performing, allowing the next to “rise to the top.”

Source: CZ

What are Giggle Academy donations?

Giggle Academy donations are public contributions received at a dedicated BNB address, largely funded by trading fees generated by the Giggle memecoin and delivered to the Academy in BNB. The funds are earmarked for community programs, creator incentives and product promotion.

How did the Giggle Fund memecoin contribute to the donations?

The Giggle Fund launched a memecoin that charges trading fees. Those fees are aggregated and sent as BNB to the Giggle Academy donation address. BscScan data showed the academy received over 1,311 BNB soon after donations opened.

An X user under the handle RUNE originally asked CZ if the project would accept tokens as donations, citing examples such as the large Shiba Inu donation to COVID relief. CZ replied that memecoin-related donations would be converted or sold for major altcoins and warned about potential selling pressure.

Source: Rune

Why did donation volumes spike so quickly?

Transaction analytics indicate rapid adoption: the Giggle Fund accounted for 967 of nearly 10,000 transactions to Giggle Academy shortly after launch. DEX Screener showed the fund’s transaction count up over 470% in 24 hours with $2.8 million in volume.

RUNE clarified that the memecoin routes a fee in BNB and sends that to the academy, which helps avoid direct price impact on token holders while still channeling value to the donation address.

What is Giggle Academy’s education mission?

Giggle Academy aims to provide free K–12 education with a focus on non-traditional courses like negotiations, finance, blockchain and AI, prioritizing access for students in lower-income and developing regions.

The concept paper states the initiative is not intended to replace traditional schooling, but to complement it by teaching both modern skills and core subjects such as math and reading while avoiding topics like history and religion to limit global controversy.

Frequently Asked Questions

How can memecoin trading fees become donations?

When a token charges a fee on trades, the fee pool can be programmed to route a portion of collected fees to a designated wallet. The Giggle Fund configured fees to be converted or sent as BNB to Giggle Academy’s donation address.

Is the donated BNB convertible to other assets?

According to CZ’s public statements, memecoin donations may be converted or sold for major altcoins. The project team says they appreciate donations while advising donors to expect potential selling activity tied to conversion.

Who benefits from Giggle Academy funding?

Funds support community building, creator incentives, ecosystem development and product promotion to expand free K–12 offerings and reward contributing educators and content creators.

Key Takeaways

• Rapid fundraising: Giggle Academy received 1,311+ BNB (~$1.3M) within hours of opening donations.
• Memecoin-driven: The Giggle memecoin routes trading fees to the Giggle Fund, which sends BNB to the academy.
• Educational goal: Donations will fund free K–12 curricula and incentives for creators and teachers.

Conclusion

Giggle Academy’s early fundraising shows how token mechanics can channel value to public-good projects; the Giggle memecoin’s trading fees provided a rapid source of BNB donations. COINOTAG will monitor allocation and outcomes as the academy develops its free K–12 programs. For updates, check COINOTAG coverage and official Giggle Academy statements.

Author: COINOTAG

Published: 2025-09-22

Updated: 2025-09-22