{"id":655268,"date":"2024-11-28T08:30:56","date_gmt":"2024-11-28T08:30:56","guid":{"rendered":"https:\/\/ktsl888.com\/?p=655268"},"modified":"2024-11-27T18:46:25","modified_gmt":"2024-11-27T18:46:25","slug":"latest-memecoin-sensation-chillguy-hits-0-65-ath-whats-behind-the-80-rally","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/latest-memecoin-sensation-chillguy-hits-0-65-ath-whats-behind-the-80-rally\/","title":{"rendered":"Latest Memecoin Sensation CHILLGUY Hits $0.65 ATH, What\u2019s Behind The 80% Rally?"},"content":{"rendered":"

A new Solana-based memecoin has stolen the crypto market\u2019s spotlight after surging over 80% in seven days to a market capitalization above the $600 million mark. After its remarkable performance, the latest internet sensation continues to grow in popularity, recently scoring two major exchange listings.<\/p>\n

Related Reading: Polygon: Analyst Sets \u2018Wild\u2019 Price Target Amid POL\u2019s 38.2% Weekly Surge<\/a><\/div>\n

Just A Chill Rise To $0.65<\/h2>\n

This cycle\u2019s memecoin mania has seen the rise and fall of many tokens in the last few months, including the Celebrity token frenzy and the recent<\/a> Pump.fun Livestream saga, sparking a discussion on whether they benefit the market.<\/p>\n

Despite the criticism, new tokens continue to rise, with some leaping into massive highs in a matter of days. The latest memecoin sensation, just a chill guy (CHILLGUY), has ignited a craze<\/a> that sent the token to a massive 80% weekly rally.<\/p>\n

The cryptocurrency is based on a viral TikTok meme of a smirking dog in a laid-back pose dressed in casual clothing. The original drawing was created by Philip Banks in 2023 and has been slowly gaining popularity on social media platforms.<\/p>\n

The meme also became viral on X and Instagram, with several reimaginations of the \u2018Chill Guy\u2019 flooding people\u2019s timelines. Amid the meme\u2019s popularity boost, crypto investors created a token inspired by the internet sensation.<\/p>\n

On November 20, the meme\u2019s momentum fueled the token\u2019s 400% rally to $0.44 in 24 hours. However, its price momentarily dropped over 30% after Banks announced<\/a> he would take legal action against the token for copyright infringement.<\/p>\n

Since then, the memecoin has surged around 50% to its all-time high (ATH), recording two new highs during the last day. The token hit the $0.56 mark on Tuesday afternoon before surging another 20% to its latest ATH of $0.65 on Wednesday morning.<\/p>\n

The cryptocurrency hit a market capitalization<\/a> of $657 million before retracing below $600 million, sitting as the eighth-largest Solana-based memecoin.<\/p>\n

Memecoin Sensation Scores Major Listings<\/h2>\n

The token\u2019s frenzy has been fueled by the meme\u2019s current popularity and its endorsement by public figures. A week ago, El Salvador\u2019s pro-Bitcoin President, Nayib Bukele, shared the just a chill guy meme as BTC traded above $94,000 for the first time in history.<\/p>\n

Moreover, Popular YouTuber Mr. Beast called<\/a> the internet sensation the \u201cbiggest meme of our lifetime\u201d after streamer Ninja shared his version of the meme on Tuesday.<\/p>\n

Adding to the momentum, major crypto exchanges have announced their listing of the latest memecoin sensation. On November 26, Bybit listed CHILLGUY on their Spot trading platform, while Binance announced<\/a> it would add perpetual contracts with up to 75x leverage to Binance Futures on November 27.<\/p>\n

Amid the CHILLGUY frenzy, an investor made over $6 million from the token. As on-chain data analytics firm Lookonchain reported<\/a>, a crypto trader spent 0.75 SOL, worth $160, to buy 12.5 million CHILLGUY tokens.<\/p>\n

Related Reading: Altcoins \u2018Starting To Run\u2019 After Reclaiming This Key Level, Altseason Around The Corner?<\/a><\/div>\n

Twelve days later, the trader<\/a> now holds 9.2 million tokens, making a total profit of $6.1 million at the time of Lookonchain\u2019s report. Some community members noted that if the cryptocurrency continues its rapid growth, it could flip other memecoin sensations like dogwifhat (WIF) and Popcat (POPCAT) within a week.<\/p>\n

However, it remains to be seen whether the token can sustain its current momentum or become a one-hit crypto wonder. As of this writing, CHILLGUY trades at $0.59, a 23.3% increase in the daily timeframe.<\/p>\n

\"Memecoin,
Solana (SOL) is trading at $239 in the weekly chart. Source: SOLUSDT on TradingView<\/a><\/figcaption><\/figure>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

A new Solana-based memecoin has stolen the crypto market\u2019s spotlight after surging over 80% in seven days to a market capitalization above the $600 million mark. After its remarkable performance, the latest internet sensation continues to grow in popularity, recently scoring two major exchange listings. Related Reading: Polygon: Analyst Sets \u2018Wild\u2019 Price Target Amid POL\u2019s 38.2% Weekly Surge Just A Chill Rise To $0.65 This cycle\u2019s memecoin mania has seen the rise and fall of many tokens in the last few months, including the Celebrity token frenzy and the recent Pump.fun Livestream saga, sparking a discussion on whether they benefit the market. Despite the criticism, new tokens continue to rise, with some leaping into massive highs in a matter of days. The latest memecoin sensation, just a chill guy (CHILLGUY), has ignited a craze that sent the token to a massive 80% weekly rally. The cryptocurrency is based on a viral TikTok meme of a smirking dog in a laid-back pose dressed in casual clothing. The original drawing was created by Philip Banks in 2023 and has been slowly gaining popularity on social media platforms. The meme also became viral on X and Instagram, with several reimaginations of the \u2018Chill Guy\u2019 flooding people\u2019s timelines. Amid the meme\u2019s popularity boost, crypto investors created a token inspired by the internet sensation. On November 20, the meme\u2019s momentum fueled the token\u2019s 400% rally to $0.44 in 24 hours. However, its price momentarily dropped over 30% after Banks announced he would take legal action against the token for copyright infringement. Since then, the memecoin has surged around 50% to its all-time high (ATH), recording two new highs during the last day. The token hit the $0.56 mark on Tuesday afternoon before surging another 20% to its latest ATH of $0.65 on Wednesday morning. The cryptocurrency hit a market capitalization of $657 million before retracing below $600 million, sitting as the eighth-largest Solana-based memecoin. Memecoin Sensation Scores Major Listings The token\u2019s frenzy has been fueled by the meme\u2019s current popularity and its endorsement by public figures. A week ago, El Salvador\u2019s pro-Bitcoin President, Nayib Bukele, shared the just a chill guy meme as BTC traded above $94,000 for the first time in history. Moreover, Popular YouTuber Mr. Beast called the internet sensation the \u201cbiggest meme of our lifetime\u201d after streamer Ninja shared his version of the meme on Tuesday. Adding to the momentum, major crypto exchanges have announced their listing of the latest memecoin sensation. On November 26, Bybit listed CHILLGUY on their Spot trading platform, while Binance announced it would add perpetual contracts with up to 75x leverage to Binance Futures on November 27. Amid the CHILLGUY frenzy, an investor made over $6 million from the token. As on-chain data analytics firm Lookonchain reported, a crypto trader spent 0.75 SOL, worth $160, to buy 12.5 million CHILLGUY tokens. Related Reading: Altcoins \u2018Starting To Run\u2019 After Reclaiming This Key Level, Altseason Around The Corner? Twelve days later, the trader now holds 9.2 million tokens, making a total profit of $6.1 million at the time of Lookonchain\u2019s report. Some community members noted that if the cryptocurrency continues its rapid growth, it could flip other memecoin sensations like dogwifhat (WIF) and Popcat (POPCAT) within a week. However, it remains to be seen whether the token can sustain its current momentum or become a one-hit crypto wonder. As of this writing, CHILLGUY trades at $0.59, a 23.3% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":645140,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,92466,10923,89756,92951,93442,83728,93443,12837,83626,87684,83627,79601],"class_list":["post-655268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-celebrity-memecoins","tag-crypto-market","tag-crypto-trader","tag-memecoin-frenzy","tag-mr-beast","tag-nayib-bukele","tag-ninja","tag-sol","tag-solana","tag-solana-memecoin","tag-solusdt","tag-tiktok"],"acf":[],"yoast_head":"\nMemecoin CHILLGUY Hits $0.65 ATH, What\u2019s Behind The Rally?<\/title>\n<meta name=\"description\" content=\"Solana Memecoin sensation CHILLGUY continues to reach new highs amid its 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. 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