Memecoin CHILLGUY Skyrockets 40%: What Caused This Drastic Rise?

Bittime  - The new memecoin that is on the rise, Just a Chill Guy (CHILLGUY), experienced a striking price spike of 40% on Wednesday November 27, 2024, ignoring broader market trends.

This increase was driven by support from several leading exchanges, including Binance, which recently announced its support for the token. 

Apart from that, the famous influencer MrBeast also mentioned the CHILLGUY meme which adds to its appeal among traders and investors.

CHILLGUY Support from Top Exchanges

This meme coin is gaining positive momentum thanks to its listing on major exchanges such as Binance, Bybit, and KuCoin. 

Binance even launched perpetual contracts for CHILLGUY, allowing traders to use up to 75x leverage. 

KuCoin announced that they began accepting deposits for these tokens, with trading starting the same day. 

This listing has created a wave of optimism in the market, attracting the attention of more investors.

MrBeast Mention of CHILLGUY?

MrBeast, a famous social media personality, called Just a Chill Guy "the biggest meme of our lives" in a post on X. 

This statement further fueled the positive spirit around the coin, even though MrBeast recently faced accusations regarding a pump-and-dump scheme. 

Nevertheless, MrBeast  denied the allegations, which adds interest to this token.

Trade Volume Surge CHILLGUY 

At the time this article was written, the price of CHILLGUY had reached $0.00053 or IDR 8,410.1, with daily trading volume increasing by around 25% to $244.96 million. 

In the past week, the token recorded a price increase of 51%, indicating strong interest from investors. 

Data from Lookonchain also shows that a trader made a massive $1 million purchase of the coin, signaling increased market interest.

Read too  What is a Chill Guy (CHILLGUY)?

Risks and Challenges for CHILLGUY 

While this coin is showing impressive performance, there are risks to be aware of. 

Philip Banks, the creator of the original meme, has filed legal action regarding the use of his work in this crypto project. 

This dissatisfaction may affect CHILLGUY's reputation and future in the market.

Conclusion

Overall, the combination of support from major exchanges, recognition from well-known figures, and a surge in trading volume has pushed Just a Chill Guy into the spotlight in the cryptocurrency world, with the potential to continue to grow in the future.

FAQ tentang Memecoin CHILLGUY

1. Chill Guy Coin Price

The current price of Just a Chill Guy (CHILLGUY) is around $0.5410. In the last 24 hours, this token experienced a decline of -11.76%. 

The coin is traded on 97 active markets with a total trading volume reaching approximately $295,565,845.80.

2. Who is the Chill Guy meme?

The "Chill Guy" meme features an anthropomorphic dog character, created by artist Phillip Banks, who first posted the illustration on social media in October 2023. 

The character is depicted wearing a gray sweater, rolled-up blue jeans, and red sneakers, reflecting a relaxed and carefree attitude. 

This meme quickly gained popularity for its relatable and humorous depiction of being calm in a chaotic situation. 

Since then, this meme has become a viral sensation, inspiring the creation of the cryptocurrency CHILLGUY.

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Reference

Coingape Staff, CHILLGUY Price Soars 40% On Binance Perpetuals Listing And MrBeast’s Support, Accessed November 28, 2024

Bakshi A. Solana-Based Meme Coin Just a Chill Guy (CHILLGUY) Soars in Value, Gaining 135% in a Week, Accessed November 28, 2024

Author: IN