The crypto world has evolved from TikTok to cryptocurrency wallets. “Chill Guy” A meme is a viral internet sensation that turns a cartoon dog with a relaxed attitude into a crypto currency worth a million dollars.
Since the launch on November 15, 2009, the Chill Guy meme ($CHILLGUY) ballooned from a $10 million market cap to over $461 million, driven by the widespread popularity of the Chill Guy character—a relaxed anthropomorphic dog in a grey sweater, blue jeans, and red sneakers.
Over the past 24 hours, Solana’s meme coin, which is based on his name, has gained 50% in value, and now trades just below $0.50. CoinGecko data. Data. The rise of the token reflects the current craze for meme coins. These continue to defy norms in markets with their unpredictable yet lucrative returns.
CHILLGUY is an anthropomorphic dog in a brown sweater and jeans with red shoes. It has captured audiences’ attentions for its relaxed demeanor.
The character is often paired with funny captions, especially on TikTok. This reflects a relaxed attitude that resonates with Gen Z.
The coin’s rise hasn’t been free of controversy. Growing tension is behind the success of the meme coin as Philip Banks, the creator of the meme, pushes to stop what he considers unauthorized use his work.
“Just putting it out there, Chill Guy has been copyrighted. Like, legally. I’ll be issuing takedowns on for-profit related things over the next few days,” Banks Tweet this Last week.
While Banks clarified that casual use by brands or individuals isn’t his target—”I just ask for credit. Or Xboxes.”—he Note: Unauthorized merchandise and shitcoins cross the line.
Early adopters have experienced massive gains despite these fears. One trader turned a $1,000 deposit into more than $1 million in just a few days.
It isn't the first time meme coins have demonstrated their ability to convert internet phenomena into financial windfalls.
Recent studies have shown that the Peanut the squirrel (PNUT) token—inspired by the viral story of Peanut, a pet squirrel euthanized by New York authorities—reached a $1 billion market cap within two weeks, while the First Convicted Raccoon (FRED) coin climbed 383% in a day.
Sebastian Sinclair is the editor