CHILLGUY Surges Despite Crypto Market Slump
Amid a $8 billion loss in the crypto market over 24 hours, CHILLGUY has defied the trend, reaching a new all-time high (ATH).
Meme Coin's Rise
Launched on November 15, CHILLGUY, a meme coin inspired by a dog character wearing jeans, has gained popularity thanks to its viral memes on social media, particularly TikTok.
ATH and Subsequent Drop
On Wednesday, November 27, CHILLGUY skyrocketed by 58% to an ATH of $0.6464, before settling at $0.61, marking a 49% increase in 24 hours.
Bucking the Trend
CHILLGUY's performance stands out amid the broader market decline. On-chain data reveals $839.23K in smart money net inflows for CHILLGUY over the last 24 hours.
Analysts' Outlook
Analysts suggest the coin could reach the $1 mark or higher with continued bullish momentum. However, selling pressure could potentially drive it below $0.40.
Cautious Approach
Crypto traders are advised to exercise caution, monitoring CHILLGUY's price movement closely, as it may influence the ongoing market downturn.
Resilience in Times of Struggle
CHILLGUY's growth during market difficulties demonstrates its potential and the potential for growth in the meme coin sector, even in challenging times.
Market Metrics (As of November 27 Evening)
- CHILLGUY: $0.5375 (+8.93% 24h)
- Trading Volume: $319.71 million (+43.20% 24h)
- Market Capitalization: $534.47 million