The Solana-based memecoin $CHILLGUY has seen a significant increase, surging 80% over the past week, reaching an all-time high of $0.65 and achieving a market capitalization exceeding $600 million.
The token is based on a viral TikTok meme featuring a smirking dog, which was created by Philip Banks in 2023. Despite facing legal threats from Banks regarding copyright infringement, the token's popularity continues to rise.
Further boosting its success, major cryptocurrency exchanges like Bybit and Binance have recently listed $CHILLGUY, enhancing its visibility and trading opportunities.
The token's momentum demonstrates the growing impact of social media and viral content on the cryptocurrency landscape.
