From Tik Tok trends to crypto wallets, the “Chill Guy” meme has become an Internet phenomenon, turning a laid back cartoon dog into a million dollar market cap crypto.
From November 15 Chill Guy meme coin (Chilguy) went from a $10 million market cap to $461 million, fueled by the widespread popularity of the Child Guy character—a laid-back anthropomorphic dog in a gray sweater, blue jeans, and red sneakers.
The Solana-based meme coin is up 50% in the last 24 hours alone, trading at just $0.50. CoinGecko Data. The rise of the token reflects the ongoing frenzy surrounding meme coins, which continue to defy market rules with their volatile yet lucrative returns.
Chilliguy features an anthropomorphic brown dog wearing a gray sweater, rolled-up jeans, and red sneakers.
Combined with frequent humorous captions on platforms such as TikTok, the character embodies a carefree attitude, particularly resonating with Gen Z audiences.
However, the release of the coin was not without controversy. Behind the success of Meme Coin, meme creator Philip Banks has been raising tensions against what he calls unauthorized exploitation of his work.
“As soon as we put it out there, Chill Guy is copyrighted. Like, legally. In the next few days, I will issue a download on profit-related items,” Banks He tweeted. last week.
He stated that it is not his target that banks take advantage of brands or individuals – “I only ask for loans. Or Xboxes.”—He It is mentioned Unauthorized merchandise and shitcoins are crossing the line.
Despite these concerns, early adopters of Chiligui have seen huge returns, with one businessman turning a $1,000 investment into $1 million within days.
It's not the first time meme coins have demonstrated their ability to turn internet phenomena into financial windfalls.
Recently Peanut squirrel (PNUT) token—inspired by the viral story of Peanuts, a pet squirrel executed by New York authorities—has reached a $1 billion market cap in two weeks, with the original Guilty Raccoon (FRED) coin up 383% in one day.
Edited by Sebastian Sinclair.
Daily Debrief Newspaper
Start every day with top news stories, plus original features, podcasts, videos and more.
