Robust rumors are circulating that Binance will record the viral sensation Chill Man (CHILLGUY) immediately, with front-running Bybit within the course of.
Chill Man was created by an artist, Phillip Bankss, in October final yr. It has simply now grow to be by a viral meme, which started on TikTok. The Gen-Z social media platform has shortly grow to be the birthplace for a number of meme cash, reminiscent of Lock In and Ponke.
The Chill Man character is a relaxed and carefree canine in human clothes who takes a easy way of living. It has shortly grow to be a cultural phenomenon, with among the largest manufacturers worldwide posting Chill Man memes over the previous week.
Work together with this submit in case you’re holding #chillguy earlier than Binance itemizing pic.twitter.com/dX6td8Qio3
— Darky (@Darky1k) November 24, 2024
Transient Historical past Of The CHILLGUY Meme Coin Over The Previous 9 Days Since Going Stay
(SOURCE)
A Chill Man meme coin didn’t take lengthy to launch on Solana. Nonetheless, CHILLGUY continues to be lower than 10 days outdated and has skyrocketed in that quick time. 5 days in the past, the meme really went viral and it was mirrored within the chart. Chill Man was hovering round $30 million in market cap on the time earlier than mooning to $500 million in lower than 24 hours.
As traders started taking income, the worth of CHILLGUY started fluctuating, which has led to its market cap ranging between $210 and $500 million for the previous 5 days. Even with wild value swings, two metrics have been steadily rising: quantity and variety of holders.
There are presently greater than 125,000 Chill Man holders, which may be spectacular in comparison with meme cash reminiscent of Dogwifhat (WIF). WIF has 202,000 holders whereas being reside for precisely 12 months, in comparison with CHILLGUY at 9 days outdated.
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A pockets linked to Binance simply made 2 purchases of a mixed $491,000 of $chillguy In all probability nothing…. #chillguy #Binance pic.twitter.com/fG4jKCOcWk
— solami goodman (@Andy06529862865) November 24, 2024
Late yesterday night, CHILLGUY broke out of its $260-300 million market cap vary and hit a brand new all-time excessive of $523 million in lower than 4 hours. The spike in value was resulting from a number of screenshots rising allegedly displaying Binance-linked wallets shopping for near half one million {dollars} value of CHILLGUY.
This shortly led to murmurings that Binance could be the primary main centralized trade (CEX) to record the Chill Man. Nonetheless, Bybit appear to have overwhelmed Binance to the punch, asserting the CHILLGUY itemizing tomorrow (November 26).
As of proper now, the one notable CEX listings for Chill Man are MEXC and GATE. With this viral meme coin processing over $200 million in quantity each day, it’s only a matter of time earlier than the opposite main exchanges swoop in for a slice of that juicy buying and selling quantity.
With the leaked screenshots of Binance shopping for and Bybit formally asserting their itemizing of the Chill Man, different Tier-1 exchanges will doubtless race to be the primary to record. Keep watch over Coinbase, OKX, and Kraken for the subsequent attainable listings of CHILLGUY.
For an concept of the place Chill Man might go in a post-Binance itemizing world, look no additional than Peanut The Squirrel (PNUT). It was sitting across the $450 million mark on the time of its Binance itemizing announcement. In lower than 24-hours, it shot to $2.25 billion, a rise of 5x. The buying and selling quantity for PNUT additionally spiked massively, going from $750 million pre-Binance itemizing to just about $6 billion as soon as it went reside on the main CEX.
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TikTok Is Rapidly Changing into The Birthplace For Many Viral Memes That Get Turned Into Meme Cash
Chill Man is all over the place on TikTok. New memes about him consistently going viral, gaining hundreds of thousands of views every day.
This canine has actual potential to grow to be a cultural icon, like $Pepe, one thing that may very well be right here for years.
Assume greater. @chillguycto #ChillGuy pic.twitter.com/lYb115xdXC
— Aeon (@Crypto_Aeon7) November 19, 2024
TikTok is establishing itself as a platform for leisure and monetary tendencies. Brief movies, clear messages, and a playful tone have confirmed to be efficient instruments for attracting younger traders. With Chill Man, the facility of TikTok has as soon as once more confirmed to be a juggernaut in birthing yet one more cultural phenomenon.
Gen-Z identifies with cryptocurrencies that symbolize greater than a financial worth, they search meme and cultish communities. Chill Man has completely blended the 2, utilizing the virality of TikTok to construct a undertaking that completely displays the spirit of the second.
Chill Man has transcended each the TikTok neighborhood and the crypto area. A number of the largest sporting establishments across the globe have been together with Chill Man memes of their social media posts. From English Premier League soccer groups to NBA and NFL groups within the US and each main sporting league in between, the Chill Man is all over the place.
Celebrities, music artists, manufacturers, and even the official Chess social media accounts have additionally posted Chill Man memes. With this stage of virality, there’s a good likelihood CHILLGUY turns into the SHIB of this cycle. SHIB peaked at $40 billion in market cap again in 2021. For the Chill Man to succeed in these ranges, there’s a close to 100x return on the playing cards for traders who purchase in right here.
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