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

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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