Released on November 18th, the Solana-based meme coin Chill Guy has soared to 800% in two days. This incredible achievement has sparked discussions around the crypto market, and ever since the coin has kept attracting new investors.
With around 65K new holders, the market cap of the coin has reached around 250 million dollars. This article will introduce you to Chill Guy, check how it attained this milestone, and analyze its potential as an asset. Let’s start.
Who Is This Chill Guy?
Chill Guy crypto is based on a recent sensational meme that went viral on social media platforms such as X (Twitter), Instagram, and TikTok. It all started when artist Philip Banks created a humanoid dog based on Brian from Family Guy. It was first posted by him on October 4, 2023, however, it took around a year to become viral.
TikTok users, from August 2024 to September 2024, created various memes based on Chill Guy, creating significant attention. This was further popularized with the arrival of cosplays and videos, creating a cultural impact on the meme realm.
Two days ago, on Monday, fans launched a meme coin based on this character through the Solana blockchain. It instantly got massive attention from the crypto environment, resulting in the flow of millions of dollars to the coin.
The CHILLGUY Token Details
As a coin that is two days old, there is not much information available about the token allocation. However, here are some basic details of Chill Guy:
| Token Ticker | $CHILLGUY |
| Chain | Solana |
| Contract Address | Df6yfrKC8kZE3KNkrHERKzAetSxbrWeniQfyJY4Jpump |
| Market Cap | 249 Million Dollars |
| Maximum Supply | 1,000,000,000 |
| Circulating Supply | 999,968,142 |
| 24-Hour Trading Volume | 311 Million Dollars |
What to Expect From Chill Guy? Price Forecast
The coin has formed an upward triangle-like motion in the charts, a rare phenomenon in the crypto market. However, anything that has gone up will come down to rebound again. This is the primary rule of this highly volatile web3 market, which is visible, especially in the case of meme coins.
As a two-day-old coin with no known details, we cannot predict whether it will go up or down. Also, the on-chain data shows that the holdings are concentrated in specific whale wallets. Another concern is that nobody is sure whether it is a natural price increase or a manipulated one.
All these uncertain particulars regarding CHILLGUY imply that it is better to wait instead of playing a part in the FOMO. However, the final decision is yours. Do your own research and delve into your own conclusions.
Where Can You Purchase CHILLGUY?
You can swap to CHILLGUY via a DEX that has enough liquidity. Most of the transfers occur in Raydium, and you can opt for it. Also, keep in mind that if a pool has very low liquidity the prices may differ drastically. Here is a guide to purchase CHILLGUY from Raydium:
- Open Raydium.io and scroll to the top right corner to connect your wallet. You can connect any prominent wallets, however, Phantom and Solflare are recommended.
- After connecting the wallet, navigate to the purchase interface. Click the “To” option and paste the contract address we have provided above. It will bring out CHILLGUY. Tap on it.
- In the “From” option, choose your desired crypto. Recommended coins are USDT, SOL, USDC, and Raydium’s native token RAY.
- Now click the “Buy” button. If you use Phantom or Solflare, it will auto-approve the transaction. Otherwise, confirm the signature request of approval. The coins will be delivered to your wallet within minutes.
Final Thoughts
Recently the Solana ecosystem has witnessed the rise and fall of various meme-based coins. This has attracted various short-term traders who look for an opportunity to earn money in the easiest way possible. However, the sustainability of meme coins in the long term depends upon how strong its community is and how sophisticated its roadmap is.
Before investing, make sure the coin has the potential for long-term earnings. Go through CHILLGUY’s social media communities, contact its devs, engage in discussions, and read the docs to get a comprehensive understanding of the coin. DYOR, and happy hodling!