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, data-ct-non-breakable=”null” href=”https://bscscan.com/address/0xc7f501d25ea088aefca8b4b3ebd936aae12bf4a4″ rel=”noopener nofollow” target=”_blank” title=”null”>according to the BNB Smart Chain scan tool BscScan, after opening for donations on Sunday.

A large portion of the donations came through data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/memecoins-social-experiment-retail-value-extraction-tools” title=”null”>a memecoin called “Giggle,” which was data-ct-non-breakable=”null” href=”https://x.com/GiggleFundBSC/status/1969949384528830694″ rel=”noopener nofollow” target=”_blank” title=”null”>launched by the Giggle Fund, which has been sending trading fees…

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, data-ct-non-breakable=”null” href=”https://bscscan.com/address/0xc7f501d25ea088aefca8b4b3ebd936aae12bf4a4″ rel=”noopener nofollow” target=”_blank” title=”null”>according to the BNB Smart Chain scan tool BscScan, after opening for donations on Sunday.

A large portion of the donations came through data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/memecoins-social-experiment-retail-value-extraction-tools” title=”null”>a memecoin called “Giggle,” which was data-ct-non-breakable=”null” href=”https://x.com/GiggleFundBSC/status/1969949384528830694″ rel=”noopener nofollow” target=”_blank” title=”null”>launched by the Giggle Fund, which has been sending trading fees…