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Chill Guy Meme Explodes 55%: Will Copyright Fight Boost Major Listings?

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By on November 25, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Chill Guy Meme Explodes 55%: Will Copyright Fight Boost Major Listings? appeared first on Coinpedia Fintech News

The viral “Chill Guy” meme has taken the crypto world by storm, sending the CHILLGUY memecoin soaring by 55% in just 24 hours. This rapid rise comes as the creator of the meme, Philip Banks, fights to protect his creation from unauthorized use in crypto projects and merchandise. Meanwhile, insider hints that the memecoin is to be listed on major exchanges very soon. 

CHILLGUY’s Unstoppable Growth

The Solana-based Chill Guy meme coin ($CHILLGUY) has skyrocketed by an incredible 55% in the past 24 hours, with its price nearing the $0.48 mark. Since its launch on November 15, the CHILLGUY memecoin has exploded in popularity. Starting with a $10 million market cap, it has now crossed $457 million. 

The coin’s success is tied to the viral “Chill Guy” character a relaxed brown dog wearing a grey sweater, jeans, and red sneakers. 

TikTok videos featuring this quirky character have gone viral, especially among Gen Z users, making it one of the most talked-about meme coins.

Adding to its meteoric rise, endorsements from prominent figures, including a tweet from Nayib Bukele, have further amplified its popularity, making CHILLGUY a hot favorite in the crypto space.

pic.twitter.com/WRxdP6qreN

— Nayib Bukele (@nayibbukele) November 21, 2024

Copyright Dispute: Creator Speaks Out

Philip Banks, the artist behind “Chill Guy,” has expressed concerns over the meme’s unauthorized use in crypto projects. While he enjoys seeing his creation trend on social media, he firmly opposes its use in merchandise and cryptocurrencies without his permission.

Banks has hinted at possible legal action to protect his work, signaling a clear message to those misusing his character.

On social media platform X, he stated his concerns over the commercialization of the meme, especially through “unauthorized merchandise and shitcoins.”

not like brand accounts using him as a trend, that’s kinda something i dont really care about (i do just ask for credit. or xboxes.). mainly unauthorized merchandise and shitcoins

— philb (@PhillipBankss) November 21, 2024

Exchange Listings Could Push CHILLGUY Higher

Despite the controversy, CHILLGUY continues to gain momentum. Most of its trading is happening on decentralized platforms like Raydium, which accounts for 58% of its daily activity.

Crypto insiders are now speculating about a possible listing on major exchanges like Binance or ByBit, which could give the coin an even bigger boost. 

Currently, CHILLGUY is already available on exchanges like MEXC, Crypto.com, and Gate.io. With its growing popularity and potential new listings, the Chill Guy memecoin is showing no signs of slowing down. 

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