PANews reported on November 11th that blockchain analytics platform Bubblemaps disclosed on its X platform that a wallet purchased 20% of the GIGGLE token during its initial public offering (IPO), but sold it off before Changpeng Zhao (Zhao's founder) tweeted about it, missing out on $30 million in potential profits. In 2024, Changpeng Zhao launched the non-profit education platform Giggle Academy; in September 2025, the GIGGLE token was launched as a community fundraising project to raise funds. After Zhao's tweet of support, the token's market capitalization quickly exceeded $200 million. Before Zhao's tweet, several "early bird buyers" had already targeted GIGGLE. Analysis of the first minute of trading data after the IPO revealed that nine addresses were linked, each purchasing 20,000 tokens, totaling 180,000 GIGGLE (worth $28 million at current prices). However, this "early bird buyer" sold off most of the tokens that same day, making a profit of $170,000. It's worth noting that in the same block, another 240,000 GIGGLE tokens were snapped up (accounting for 24% of the total token supply), and no on-chain connection has been found between them and the first "early bird" token.PANews reported on November 11th that blockchain analytics platform Bubblemaps disclosed on its X platform that a wallet purchased 20% of the GIGGLE token during its initial public offering (IPO), but sold it off before Changpeng Zhao (Zhao's founder) tweeted about it, missing out on $30 million in potential profits. In 2024, Changpeng Zhao launched the non-profit education platform Giggle Academy; in September 2025, the GIGGLE token was launched as a community fundraising project to raise funds. After Zhao's tweet of support, the token's market capitalization quickly exceeded $200 million. Before Zhao's tweet, several "early bird buyers" had already targeted GIGGLE. Analysis of the first minute of trading data after the IPO revealed that nine addresses were linked, each purchasing 20,000 tokens, totaling 180,000 GIGGLE (worth $28 million at current prices). However, this "early bird buyer" sold off most of the tokens that same day, making a profit of $170,000. It's worth noting that in the same block, another 240,000 GIGGLE tokens were snapped up (accounting for 24% of the total token supply), and no on-chain connection has been found between them and the first "early bird" token.
Analysis: A wallet purchased 20% of the GIGGLE tokens during its initial public offering, but sold too early, missing out on a potential $30 million profit.
PANews reported on November 11th that blockchain analytics platform Bubblemaps disclosed on its X platform that a wallet purchased 20% of the GIGGLE token during its initial public offering (IPO), but sold it off before Changpeng Zhao (Zhao's founder) tweeted about it, missing out on $30 million in potential profits. In 2024, Changpeng Zhao launched the non-profit education platform Giggle Academy; in September 2025, the GIGGLE token was launched as a community fundraising project to raise funds. After Zhao's tweet of support, the token's market capitalization quickly exceeded $200 million. Before Zhao's tweet, several "early bird buyers" had already targeted GIGGLE. Analysis of the first minute of trading data after the IPO revealed that nine addresses were linked, each purchasing 20,000 tokens, totaling 180,000 GIGGLE (worth $28 million at current prices). However, this "early bird buyer" sold off most of the tokens that same day, making a profit of $170,000. It's worth noting that in the same block, another 240,000 GIGGLE tokens were snapped up (accounting for 24% of the total token supply), and no on-chain connection has been found between them and the first "early bird" token.
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