Why Just a Chill Guy (CHILLGUY) Is Up 50% Today
The global cryptocurrency market is in the green, surging 3% in just 24 hours to reach a market capitalization of $3.5 trillion. One of the best performers is the meme coin “Just a Chill Guy” (chirgay), soared nearly 50%, becoming one of the stocks with the largest increase on the day and attracting much attention. So, what’s the reason behind this surge? Why is CHILLGUY in the spotlight?
CHILLGUY surges 50%
Chill Guy (CHILLGUY), a meme coin inspired by the popular online character, has experienced significant gains since its launch on November 15. Its market capitalization jumped from $10 million to a peak of $790 million before stabilizing at About $250 million.
The surge in CHILLGUY’s price was largely due to discussions on social media fueling speculation about a possible listing on Binance. Although Binance has yet to officially confirm this, the rumor has already generated huge excitement, attracting retail investors and crypto whales alike.
In addition to this, crypto whales are also one of the key factors behind CHILLGUY’s recent surge. According to reports, influencers and large investors are buying the token in bulk, further driving up its price.
Outperforming major Meme tokens
CHILLGUY has outperformed popular meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) over the past 24 hours. Early investors have made huge profits, with one reportedly turning a $1,000 investment into more than $1 million.
besides, coin glass data display CHILLGUY’s open interest (OI) surged 98% this week to $111.14 million. The continued growth of OI indicates growing demand, thus driving the price of the token upward.
Chillguy Price Analysis
As of now, CHILLGUY is priced at Trading price is around $0.25setting the stage for further gains if current momentum continues. At the same time, the data on the chain comes from Nansen revealed Smart money inflows reached $339,000 in the past 24 hours, indicating rising interest from big investors.
If buying continues, the price could rise to $0.45 or higher. Perhaps, if the selling pressure increases, the coin could fall below the critical support at $0.18.
As interest and speculation continues to grow, CHILLGUY becomes a coin to watch in the meme coin world.