A wallet that acquired 20% of GIGGLE tokens during its initial public offering (IPO) sold too early, missing out on a potential $30 million profit, according to blockchain analytics platform Bubblemaps. The wallet offloaded its holdings before a supportive tweet from Changpeng Zhao, founder of Giggle Academy, which subsequently boosted the token's market capitalization to over $200 million.
The GIGGLE token, launched in September 2025 as a community fundraising initiative, saw significant early interest. Analysis revealed that nine addresses purchased 180,000 tokens in the first minute of trading, valued at $28 million today. Despite making a $170,000 profit, the early investor missed the substantial gains that followed Zhao's endorsement. Meanwhile, another 240,000 tokens were acquired in the same block, representing 24% of the total supply, with no on-chain links to the initial buyer.
Early GIGGLE Token Investor Misses $30 Million Profit Opportunity
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