$GIGGLE đą Giggle Community Update: Whatâs Going On With the December 1st Buyback & Burn?
Many community members have been asking the same question:
âBinance announced a 50% trading-fee buyback and burn starting December 1st â so why donât we see any burn transactions yet?â
Hereâs a clear breakdown of the situation:
â 1. The Announcement Was Real
Binance officially stated that starting December 1st, 50% of all trading fees from GIGGLE pairs would be used for:
Token buyback
50% donation + 50% burn
So yes â the mechanism should now be active.
âł 2. But No On-Chain Burn Transaction Has Appeared Yet
We checked:
BscScan (token contract transfers)
Supply charts
Dead-address movements
Major trackers (CMC / CG)
As of now:
Total supply is still 1,000,000
No visible burn TX has appeared on the blockchain
No donation/burn receipt has been published by Binance or the project
This simply means the burn has not been publicly executed yet, or the update/report is pending.
đ 3. Possible Reasons
Binance may process the first batch after fee-calculation closes
Monthly report might drop with a delay
Burn wallets may not yet be updated or announced
Data sites sometimes refresh 24â48 hours late
đ 4. What We Expect Next
The community is waiting for:
The first on-chain burn transaction
A public TX hash from Binance
Updated supply data
A clear statement confirming the cycle has started
Once the first burn is confirmed, confidence and visibility will increase massively.
đą 5. Final Thoughts
The mechanism is officially announced, so it should happen â
but until the first on-chain burn appears, the community is right to ask questions.
Stay alert, keep tracking the contract, and letâs hope the first batch of burns shows up soon.
