Residence » Meme Money » Binance Futures lists CHILLGUY as market cap hits $600M
Nov. 27, 2024
The token depends totally on the usual “Chill man” meme created by Phillip Banks.
Key Takeaways
- Binance listed the meme coin CHILLGUY as its market cap reached $600 million.
- CHILLGUY’s value surged by 80% over the week amid viral affect and procuring and selling exercise.
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Binance introduced Wednesday it will list TikTok-impressed meme coin CHILLGUY and Morpho lending protocol’s MORPHO on its futures market. The itemizing came after CHILLGUY hit $600 in market cap interior two weeks of open.
CoinGecko recordsdata shows that CHILLGUY’s value has risen around 7% over the past 24 hours, whereas extending its weekly positive factors to 80%.
The token reached a brand unique excessive of $0.65 in early procuring and selling recently nonetheless has experienced a pullback, for the time being procuring and selling at approximately $0.Fifty three.
As of the most fresh market recordsdata, the token’s market cap sits at around $534 million, overtaking standard meme coins Turbo (TURBO) and Moodeng (MOODENG). It’s on note to surpass Guide of Meme (BOME) in the meme coin market corrupt.
While many meme tokens skills main label will increase upon being listed on Binance, CHILLGUY’s rally used to be reasonably quick. The token’s label soared 13% to $0.62 nonetheless has since declined to below $0.6.
MORPHO, on the varied hand, jumped over 40% following Binance itemizing news. The surge boosts its day to day positive factors to 80%, per CoinGecko recordsdata.
What’s CHILLGUY?
The CHILLGUY token draws its inspiration from the ‘Chill Guy’ character, a viral digital artwork and meme created by artist Phillip Banks.
The meme resonates with audiences for its relatable portrayal of a laid-relief attitude. The character is depicted as an anthropomorphic brown dog carrying a grey sweater, blue denims, and red sneakers, characterised by a composed smirk and fingers in pockets.
Nayib Bukele, the President of El Salvador and a Bitcoin recommend, currently shared a tweet that comprises the Chill Guy meme, which resulted in a surge in the associated price of the CHILLGUY token. The cost of the CHILLGUY token elevated by 65% interior correct 90 minutes following his tweet.
— Nayib Bukele (@nayibbukele) November 21, 2024
Alternatively, Banks is no longer command material along with his artwork’s unauthorized use in crypto tasks. He has mentioned that he would no longer endorse any crypto initiatives bright his work.
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