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BSC Meme Coin GIGGLE Jumps 20% to 23.3 USDT

BSC Meme Coin GIGGLE Jumps 20% to 23.3 USDT

According to GMGN data, GIGGLE’s market cap on the Binance Smart Chain surged to a record $88 million after a 465% daily gain, with Odaily cautioning investors about meme coin volatility.

USDT

Summary

GIGGLE, a meme coin on the Binance Smart Chain, soared by 465% within 24 hours, reaching a market cap of $88 million, marking its highest level to date. The surge highlights the continued speculative interest in meme coins, but Odaily warned investors about the extreme price volatility often seen in such tokens.

Terms & Concepts
  • BSC (Binance Smart Chain): A blockchain network developed by Binance, designed for running smart contract-based applications with fast transactions and low fees.
  • Meme Coin: A cryptocurrency inspired by internet memes or trends, often highly volatile and driven by community sentiment rather than fundamental value.