Binance Faces Confusion Over Unconfirmed GIGGLEUSDT Contract Launch

PANews reported that Binance is set to launch a GIGGLEUSDT U-based perpetual contract with up to 50x leverage on October 9, 2025, in Beijing.

However, no confirmation from Binance’s channels corroborates this launch, casting doubt on its validity and leading to potential market speculation and uncertainty.

Binance Faces Confusion Over Unconfirmed GIGGLEUSDT Contract Launch

Binance’s reported launch of the GIGGLEUSDT perpetual contract with up to 50x leverage on October 9, 2025, remains unconfirmed by official channels or primary sources.

Despite market interest in GIGGLEUSDT, Binance has yet to confirm the contract’s launch, keeping traders on edge, remarked a market analyst.

PANews reported on October 9 that Binance would initiate the GIGGLEUSDT contract. However, no primary sources confirm this information. Binance’s prior announcements have only referenced other contracts—namely 0GUSDT and FLOCKUSDT—without mention of GIGGLEUSDT.

The revelation has left the market unsure about any potential changes resulting from this reported event. Without clear confirmation, investors and traders remain cautious, since speculative actions hinge on verifiable facts. The contract’s absence in official listings challenges its supposed existence.

The lack of statements from Binance’s leadership, such as CEO Changpeng Zhao or other executives, has further fueled speculation. Community reactions on social media reflect a growing demand for clarity, yet official communication channels have remained silent on this matter.

Giggle Token’s Price Surges Amid Contract Speculation

Did you know? Previous perpetual contract launches typically arise with detailed confirmations, marking this unverified GIGGLEUSDT claim as an anomaly in Binance’s procedural history.

As per CoinMarketCap, Giggle Fund (GIGGLE) currently trades at $115.71 with a market cap of $115.71 million. The token has showcased a significant seven-day price surge of 555.92%, reflecting heightened market interest. However, despite high trading volumes of $100.91 million (a 25.66% increase), no new contract activity is officially noted.

Insights from Coincu’s team emphasize the importance of relying on verified information to avoid unfounded market alterations. Historical trends reveal variations in trading behavior post-contract launch, yet the absence of formal details for GIGGLEUSDT highlights a need for transparent communication to guide market dynamics.