CZBNB
@cz_binance · · Original post · Share
The
@search?q=%24Giggle&src=cashtag_click meme coin is NOT an official coin launched by @GiggleAcademy . I don't know who launched it. It's good to see it generated so much donations. Not surprised to see @binance donating its fees. - Binance Will Support Transaction Fee Donation for the Giggle Fund📈 Market Reaction:
BNB
Before post: $1,022.05
Time after posted
Price & Change
1 min
$1,021.88
-0.170 (-0.02%)
5 min
$1,020.32
-1.730 (-0.17%)
10 min
$1,017.97
-4.080 (-0.40%)
🤖 AI Thoughts:
CZBNB's post on meme coin donations triggered a notably tepid market reaction. The price impact was minimal but accelerated: a negligible 0.02% drop in the first minute deepened to a 0.40% loss within ten minutes. This slow-burn decline is more prolonged than the typical volatile snapbacks seen in historical parallels, where impacts often reversed within the same timeframe. The market's most decisive move was its indifference to the charitable announcement.