The cryptocurrency market has taken a hit, losing $8 billion in just 24 hours. However, one altcoin is standing out from the crowdâJust a Chill Guy (#CHILLGUY ), which soared to a new all-time high (ATH) on November 27, 2024.
Launched only on November 15, CHILLGUY, based on a popular internet meme character, has been gaining significant attention. On Wednesday, it reached a new all-time high (ATH) of $0.6464 with a 58% surge in 24 hours during the early Asian session.
Currently, the CHILLGUY token is trading at $0.61 with a 49% surge in 24 hours. The tokenâs performance has been impressive in the face of broader market losses. On-chain data from Nansen reveals that CHILLGUY saw $839.23K in smart money net inflows over the last 24 hours.
This suggests that large-scale investors are taking an interest in the meme coin, adding to its momentum. If this trend continues, CHILLGUY could push its price to the $1 mark, or even higher.
However, if selling pressure picks up, the coinâs price may drop below $0.40 for some time, so traders will need to stay alert. For now, CHILLGUYâs price action is something to watch closely, as it could lead the charge in an otherwise downbeat market.
Despite the market struggles, Just a Chill Guy is proving that even in tough times, thereâs room for growth and excitement in the crypto world.
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