The “Chill Guy” meme, featuring a laid-back cartoon dog, has gained huge popularity and now represents a million-dollar market cap crypto coin called CHILLGUY ($CHILLGUY). Launched on November 15, the coin’s value has risen from $10 million to over $461 million. As a Solana-based meme coin, its value has increased by 50% in the last 24 hours, trading at nearly $0.50.
CHILLGUY’s success reflects the ongoing trend of meme coins in the market, which continue to defy norms with their volatile yet profitable returns. The character, an anthropomorphic brown dog in a grey sweater, jeans, and red sneakers, is known for its carefree attitude, appealing to Gen Z audiences.
Often paired with humorous captions on platforms like TikTok, the meme has become a cultural phenomenon. However, the coin’s success has led to controversy, with the creator, Philip Banks, expressing concerns about unauthorized exploitation of his work. Despite these issues, early adopters of CHILLGUY have experienced significant returns, with some traders turning $1,000 investments into over $1 million within days.
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<p>The post Cool Dog Meme Coin Grows to $461 Million, but Creator Fights Unauthorized Use first appeared on CoinBuzzFeed.</p>