$CHILLGUY Memecoin Explodes 55%, but Legal Threat Sparks Controversy

The viral “Chill Guy” meme, featuring a relaxed brown dog in a grey sweater, jeans, and red sneakers, is shaking up the crypto world. Its associated token, $CHILLGUY, has soared by 55% within 24 hours. While fans celebrate its rapid rise, the meme’s creator, Philip Banks, is pushing back against unauthorized commercial use of his creation.

Meanwhile, speculation about listings on major exchanges is driving even more excitement.

CHILLGUY’s Unstoppable Growth

Since its launch on November 15, the Solana-based $CHILLGUY token has taken off, with its price climbing close to $0.48. The coin’s market cap has skyrocketed from $10 million at launch to an impressive $457 million.

This success is closely tied to the popularity of the “Chill Guy” meme, which has become a viral sensation on TikTok, especially among Gen Z users. Videos featuring the quirky character have spread like wildfire, driving interest in the token and making it a hot topic in the crypto community.

The $CHILLGUY token has also benefited from endorsements by prominent figures. Notably, Nayib Bukele’s tweet about the meme has further boosted its profile, cementing its place as one of the most talked-about memecoins in the market.

Copyright Dispute: Creator Speaks Out

Philip Banks, the artist behind “Chill Guy,” has expressed concerns over the meme’s unauthorized use in crypto projects. While he enjoys seeing his creation trend on social media, he firmly opposes its use in merchandise and cryptocurrencies without his permission.

Banks has hinted at possible legal action to protect his work, signaling a clear message to those misusing his character.

On social media platform X, he stated his concerns over the commercialization of the meme, especially through “unauthorized merchandise and shitcoins.”

Exchange Listings Could Push CHILLGUY Higher

Despite the legal controversy, $CHILLGUY’s momentum shows no signs of slowing. The token is currently traded on decentralized platforms like Raydium, which accounts for 58% of its daily activity.

Adding to the excitement, rumors suggest that $CHILLGUY could soon be listed on major exchanges like Binance and ByBit. If confirmed, these listings could significantly boost the token’s trading volume and visibility.

Currently, CHILLGUY is already available on exchanges like MEXC, Crypto.com, and Gate.io. With its growing popularity and potential new listings, the Chill Guy memecoin is showing no signs of slowing down. 

The Chill Guy continues to prove that memes can mean big business in the digital age.