The Solana-based meme coin Just a Chill Guy (CHILLGUY) has experienced significant growth in the past week, with a 135% increase in value. This includes a 37% surge in the last 24 hours alone, bringing its market cap from $461 million to $621 million. The rise of CHILLGUY began after its creator announced legal action against unauthorized merchandise and knockoff coins using his intellectual property. The controversy surrounding the coin has attracted attention on platforms like TikTok and Twitter, leading to its viral success. In addition to retail investors, CHILLGUY has also seen smart money net inflows of $108,450 in 24 hours, indicating growing confidence from institutional and high-volume investors. The meme coin's rise is notable as it gains traction against established meme coins like Dogecoin and Shiba Inu.
- Content Editor ( decrypt.co )
- 2024-11-27
CHILLGUY Goes Boost Guy as Solana Meme Coin Hits All-Time High