Why Only a Chill Man (CHILLGUY) Is Up 50% As we speak

Story Highlights

• CHILLGUY value rises 50% amid social media buzz hinting at Binance itemizing.

• Massive traders and influencers are bulk-buying CHILLGUY, boosting its value considerably.

• CHILLGUY outperformed Dogecoin and Shiba Inu, turning early investments into large features.

The worldwide cryptocurrency market has been in inexperienced, exhibiting a 3% surge and reaching a market cap of $3.5 trillion in simply 24 hours. Among the many standout performers is the meme coin Only a Chill Man (CHILLGUY), which has skyrocketed by almost 50%, grabbing consideration as one of many day’s high gainers. So, what’s behind this surge, and why is CHILLGUY changing into the focal point?

CHILLGUY Skyrocket By 50%

The meme coin Chill Man (CHILLGUY), impressed by a preferred web character, has skilled a major rise since its launch on November 15. Its market cap jumped from simply $10 million to a peak of $790 million earlier than settling at round $250 million.

The surge within the CHILLGUY value is essentially resulting from hypothesis a couple of doable itemizing on Binance, fueled by discussions throughout social media. Though Binance has not formally confirmed this, the rumors have created immense pleasure, attracting each retail traders and crypto whales.

Along with this crypto Whales have been one of many key components in CHILLGUY’s latest surge. Influencers and huge traders are reportedly buying the token in bulk, additional driving up its value.

Outperforming Main Meme Cash

Prior to now 24 hours, CHILLGUY has carried out higher than widespread meme cash like Dogecoin (DOGE) and Shiba Inu (SHIB). Early traders have seen enormous earnings, with one reportedly turning a $1,000 funding into over $1 million.

Including to this, Coinglass knowledge reveals that CHILLGUY’s Open Curiosity (OI) surged by 98% this week, reaching $111.14 million. The rising OI indicators rising demand, contributing to the token’s value rally.

Chillguy Value Evaluation

As of now, CHILLGUY’s value is buying and selling round $0.25, positioning effectively for additional features if the present momentum continues. In the meantime, on-chain knowledge from Nansen reveals $339,000 in good cash inflows over the previous 24 hours, indicating rising curiosity from large traders.

If the shopping for continues, the value may rise to $0.45 or extra. Maybe, if promoting strain grows, the token would possibly fall under its key assist degree of $0.18.

With rising curiosity and hypothesis, CHILLGUY is a coin to observe within the meme coin house.