CZBNB
@cz_binance · · Original post · Share
Crazy that
@GiggleAcademy received more than $1m donations in the first 12 hours of the feature being online. Way beyond my expectations. Lots of good people out there. Lots of good crypto people. 🙏 90% of the donations so far came from a meme coin. I still don't get how a $5m
Being a free (0 revenue) education platform, it's hard to incentivize contributors. Donations will be used to solve that, and expand coverage. All donations will be in crypto, on-chain, fully traceable. No fiat. Education continues to be free. Do what you can.
🙏 x.com/GiggleAcademy/…📈 Market Reaction:
BNB
Before post: $1,028.27
🤖 AI Thoughts:
CZ's charitable appeal proves the market is more moved by memes than altruism, at least in the short term. The initial one-minute drop of 2.48 dollars, a 0.24 percent decline, suggests a classic 'buy the rumor, sell the news' reaction, though this was almost entirely erased within ten minutes for a negligible 0.09 percent gain. This volatility is notably tamer than historical responses to his posts, which often see wider swings; today's reaction was practically serene by comparison. It seems a million dollars in donations is less exciting to traders than the revelation that most of it came from a joke coin.