The meme coin Just a Chill Guy (CHILLGUY) has captured the crypto spotlight. Its price has soared over 40%, supported by Binance’s listing and praise from MrBeast.
Meme Coin Gains Momentum with Major Exchange Listings
CHILLGUY, a Solana-based meme coin, saw its value climb by 40% in a single day. The rally comes after Binance introduced perpetual contracts for CHILLGUY with up to 75x leverage. Other major exchanges, including KuCoin and Bybit, also announced listings, further fueling interest.
KuCoin began accepting CHILLGUY deposits on November 27, with trading pairs like CHILLGUY/USDT now available. Bybit followed suit, offering Spot Grid Bot services for the token. These developments have significantly boosted the coin’s trading volume, which rose 25% to $244.96 million in the past 24 hours.
MrBeast Sparks Interest Despite Controversy
Adding to the hype, YouTube star MrBeast called CHILLGUY the “biggest meme of our lifetimes” in a recent X post. However, MrBeast faced allegations of involvement in crypto pump-and-dump schemes. He denied the accusations, but the controversy brought additional attention to CHILLGUY.
Impressive Gains and Rising Investor Optimism
CHILLGUY’s 24-hour low and high were $0.4156 and $0.648, respectively, and its weekly gains have reached 51%. Traders are seizing the opportunity. For instance, one trader converted $160 into $6.14 million by holding 12.5 million CHILLGUY tokens purchased just 12 days ago.
Another notable trader, identified as sbfonchain.sol, spent $1 million on CHILLGUY, showing increasing confidence in its growth potential.
Legal Risks Loom for CHILLGUY
Despite its success, CHILLGUY faces legal challenges. Phillip Banks, the creator of the original “Just a Chill Guy” meme, expressed dissatisfaction with the project’s use of his work for profit. Legal action could impact the coin’s trajectory.
