On-chain data shows that a major exchange's hot wallet transferred a total of 1673 GIGGLE tokens to the official address of Giggle Academy two hours ago, equivalent to $111,700. Interestingly, this transfer amount is exactly half of the previous one. The underlying logic is quite clear—the exchange allocated part of the trading fees to the Giggle Fund Token, and the way Giggle Academy handles these tokens also leaves room for imagination: destroying 50% to control supply, and exchanging the remaining half for BNB to hold. This ecosystem fund operation model is a typical approach for project teams and exchanges to collaborate—creating deflationary expectations through token burns while maintaining BNB reserves to support project operations.
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FancyResearchLab
· 6h ago
It's the same old story of destruction creating deflation expectations. Theoretically, it should work, but in practice, it still depends on whether real money and assets come in later on.
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GasFeeVictim
· 6h ago
Is it the same old story of burning and deflation? Can it really trigger a market rally?
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OnchainHolmes
· 6h ago
Destroying 50% is old-fashioned; it feels like everyone is just playing the deflation expectation game. Where is the real value?
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DecentralizedElder
· 6h ago
Destroy 50%? I’m familiar with this trick, they always say that every time.
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GoldDiggerDuck
· 6h ago
Once again, the same old story of burning and deflation. This time, halving actually makes it a bit interesting.
On-chain data shows that a major exchange's hot wallet transferred a total of 1673 GIGGLE tokens to the official address of Giggle Academy two hours ago, equivalent to $111,700. Interestingly, this transfer amount is exactly half of the previous one. The underlying logic is quite clear—the exchange allocated part of the trading fees to the Giggle Fund Token, and the way Giggle Academy handles these tokens also leaves room for imagination: destroying 50% to control supply, and exchanging the remaining half for BNB to hold. This ecosystem fund operation model is a typical approach for project teams and exchanges to collaborate—creating deflationary expectations through token burns while maintaining BNB reserves to support project operations.