Just a Chill Guy Meme Coin: Is it Worth the Hype?

Nov 29, 2024

Just a Chill Guy Memecoin is HUGE! Why Should You Invest?

“Just a chill guy” is an internet-made joke that went viral across social media, and millions on social media became familiar with the brown dog wearing a grey sweater and blue jeans. The explosiveness of this phenomenon made its way to the crypto world through the memecoin community.

CHILLGUY crypto coin is now official, and many exchanges list the token, complementing its popularity and generating millions of dollars.

What is the chill guy coin? How did it become today’s topic? Let’s discuss this in more detail.

Where Did Just a Chill Guy Come From?

As a memecoin, its popularity stems from social media jokes that spiraled across Instagram and X. The artwork was created by a digital artist named PhillipBankss on X.

It garnered massive attention from crypto communities and users, who quickly bought and stored CHILLGUY, boosting the coin to enter the top 250 positions from 10,000 on coinmarketcap.

However, it received some scrutiny because the developers made its entire supply of 999 million tokens available in the market, which can cause future value issues.

Just a Chill Guy Price Performance

Just a chill guy memecoin was introduced on 20 November on the Solana network and quickly sent shockwaves due to its staggering volatility, which made many users millionaires in a snap.

Early buyers managed to net millions of dollars by holding the coin for weeks before listing it on top platforms like KuCoin and Bybit. Let’s track the milestone chill guy coin price action over the last two weeks:

  • 20 November: Over 30% volatility on the first day, with a price ranging from $0.30 – $0.40.
  • 24 November: The biggest positive growth in one day, rising from $0.28 to $0.47 in 24 hours, recording almost 100% daily volatility.
  • 27 November: CHILLGUY recorded another positive rally, hitting the $0.70 price level for the first time before closing at $0.565.
Trading View

What Makes CHILLGUY Special?

Unlike many memecoins, just a chill guy became special due to other direct and indirect market activities that facilitated and supported trading CHILLGUY coin.

On 25 November, Bybit announced listing the just a chill guy memecoin. Trading was open on the next day, with 545,000 tokens in the prize pool.

On 26 November, The YouTube and internet millionaire, MrBeast, took it to X to express his faith in the crypto, calling it “The biggest meme of our lifetimes.”

Mr Beast tweet

On 27 November, Binance announced CHILLGUYUSDT perpetual trading with up to x75 leverage. This will open the door for investors to trade CHILLGUY without owning it, making it more accessible.

On the same day, KuCoin announced the memecoin on its spot trading desk. Overall, these announcements made the token highly accessible through spot and derivatives instruments, which boosted its value.

KuCoin

Where to Buy Chill Guy Coin?

A handful of centralized and decentralized exchanges have listed the memecoin. You can find it on Bybit, KuCoin, MEXC, CoinW, OrangeX, Gate.io, and Ourbit for spot trading, while Binance Futures offer CHILLGUY as derivatives only.

However, you must verify the legitimacy of DeFi exchanges and new trading desks because meme cryptos have a history of rug-pulls and other pump-and-dump schemes, where many users lose their money.

Conclusion

Just a chill guy is the latest memecoin buzzing in the crypto space. The token, based on social media jokes, is grabbing the attention of millions of traders and internet personalities.

The popularity and broad support of this coin, besides the quick listing on major exchanges, made it highly accessible, boosting its price to new levels with the expectations for continued bullish movement.

Disclaimer: This article is for informational purposes only. It is not finance advice and should not be relied upon for investment decisions. Always do your own research and consult a financial advisor before investing.

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