$CHILLGUY, formerly known as “Just a Chill Guy,” has captured the meme token spotlight by surging 1,000 times in just four days.
The character, created by illustrator Phillip Banks in 2023, features an anthropomorphic brown dog dressed in a baggy sweater, jeans, red sneakers, and sporting a relaxed “don’t care” smile.
Initially a viral hit on TikTok, CHILLGUY resonated with young audiences due to its simple yet relatable design and laid-back “Buddhist attitude.” It quickly became a symbol of youthful detachment, drawing comparisons to meme icons like PEPE the Frog. Unlike other meme tokens based on accessorized animals, CHILLGUY’s charm lies in its vivid personality and organic appeal.
Timeline of Events
Before Today:
– October 6: The developer wallet created CHILLGUY on Pump.fun, purchasing 34.61 million tokens for just 1 SOL, representing 3.46% of the supply.
– November 9: Moonshot launched CHILLGUY with a modest market cap of $17.9 million, primarily engaging niche overseas communities.
Today:
– 11:09 AM: The President of El Salvador posted a CHILLGUY-themed image, briefly pushing the market cap above $500 million.
– 14:14 PM: CHILLGUY’s creator expressed concerns over brands leveraging the image for trends, particularly in connection with “shitcoins.”
– 14:34 PM: Elon Musk retweeted a CHILLGUY concept, and Azuki’s founder chimed in, boosting exposure.
– 15:10 PM: The community set up a donation wallet to support the illustrator.
大家都是狗，凭什么你 $CHILLGUY 能四天千倍？🐶
角度，角度，还是角度 —— 无论背后是何方力量在推动，「Meme Dog + Tiktok OG + 年轻一代精神图腾」的故事都成功吸引到了马斯克 / 萨尔瓦多总统 / Azuki 创始人等名人的参与
这只棕色小狗究竟是如何一波三折成长为币圈大金狗的，又到故事时间了🧵👇 pic.twitter.com/WoUb4SDZlj
— Ai 姨 (@ai_9684xtpa) November 21, 2024
The token’s price fluctuated wildly throughout the day, with swings exceeding 50%. Exchanges like Gate and Bybit have launched CHILLGUY futures, and the token’s market cap currently hovers around $400 million.
Developer and Investor Activity
The developer sold all 34.61 million tokens acquired during the mint, missing a potential $14.9 million profit and earning just $2,000 cumulatively. Meanwhile, savvy investors saw returns as high as 319x, with one wallet turning $16,000 into $5.12 million.
CHILLGUY’s meteoric guuyy û7uū7 I’ll highlights its status as the latest cultural phenomenon in the world of meme tokens.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!
Image Source: peshkov/123RF // Image Effects by Colorcinch