🚀 Crypto Buzz Alert: The "Chill Guy" meme, a viral sensation on Crypto Twitter, faces turbulence as creator Phillip Banks threatens legal action against unauthorized for-profit uses. This comes after the Solana-based CHILLGUY token skyrocketed over 1,000%, fueled by TikTok buzz and reaching a $500 million market cap. However, the token's value has since plummeted nearly 50% amid profit-taking and Banks' copyright claims.
- Banks is targeting unauthorized merchandise and "shitcoins" but is open to brand trends with credit.
- Crypto enthusiasts humorously suggest Banks accept tokens via Solana.
What are your thoughts on meme tokens' volatility? Share below! 👇