CHILLGUY Price Surges 35% Following KuCoin and Bybit Listings, Boosted by MrBeast’s Endorsement
The price of Solana-based meme coin Just a Chill Guy (CHILLGUY) has skyrocketed by over 35% as major cryptocurrency exchanges KuCoin and Bybit announced its listing. Adding to the bullish momentum, popular internet personality MrBeast praised the meme behind the token, calling it the “Biggest meme of our lifetimes.” These developments have driven a surge in market interest, with intraday trading volume increasing by approximately 25%.
Listings and Support Spark Optimism for CHILLGUY
KuCoin and Bybit have both listed CHILLGUY, with trading for the CHILLGUY/USDT pair now live. Deposits and trading began on November 27, while Bybit also supports Spot Grid Bots for the token. These listings have fueled investor enthusiasm, potentially setting the stage for more exchange support as the token gains popularity.
MrBeast’s endorsement has further propelled interest in CHILLGUY. Despite facing allegations of involvement in crypto pump-and-dump schemes, which he has denied, MrBeast’s support has drawn significant attention to the token.
CHILLGUY’s Market Performance
At the time of writing, CHILLGUY is trading at $0.622, marking a 35% intraday gain. The token’s 24-hour trading volume has surged to $244.96 million, reflecting a 23% increase from the previous day. Weekly gains have reached 51%, indicating strong bullish momentum.
Lookonchain data revealed significant buying activity, including one trader, ‘sbfonchain.sol,’ who sold large amounts of WIF to purchase $1 million worth of CHILLGUY. Another trader turned a $160 investment into a profit of $6.14 million, further highlighting market optimism.
Legal Concerns Amid Rising Popularity
Despite its success, the project faces potential legal challenges from Phillip Banks, the creator of the original Just a Chill Guy meme, who has expressed dissatisfaction with the unauthorized use of his art for profit.
Conclusion
The combination of major exchange listings, MrBeast’s support, and bullish trading activity has made CHILLGUY a hot topic in the crypto market. However, potential legal issues and market volatility could impact its long-term trajectory.
