A crypto token based on a viral TikTok meme has gone parabolic, touching a $500 million market cap just days after launching. Savvy meme coin traders are raking in millions from the launch—including one who turned a $1,000 investment into over $1 million in less than a week.
Just a Chill Guy (CHILLGUY) is a Solana meme coin that uses a character created by artist Phillip Banks in 2023 as its mascot. The anthropomorphic character wears a sweatshirt, jeans, and sneakers, with his hands tucked in his pockets—just a pretty chill-looking dude.
This character has appeared to go viral on Gen Z-favored social media platform TikTok, as users couple the character with a caption about men just being “chill guys” despite the hardships in their lives—however big or small.
As such, the token has soared from a $10 million market cap on Monday to $488 million on Wednesday. With this, one lucky trader has rode the wave, potentially profiting $1 million from just over $1,000.
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Author: Ryan Gladwin
