Just a Chill Guy (CHILLGUY) Hits Record High of $0.6575, Becoming One of the Best-Performing Meme Coins

Just a chill guy (CHILLGUY) rose to a record high of $0.6575, pushing its market to almost $600 million. This valuation made it one of the best-performing meme coins in the industry.

Viral meme coin Just a chill guy (CHILLGUY) continued its spectacular rally on Wednesday, with exchange listings helping the token reach new all-time highs.

CHILL圭価格が過去最高値を記録

After rising to a record high of $0.6575, Just a chill guy’s market valuation stood at nearly $600 million. This valuation made it one of the best-performing meme coins in the industry, surpassing other popular coins like SPX6900, Turbo, and Memecoin.

This rally was largely driven by the Fear Of Missing Out among traders and exchange listings. Binance Futures listed the token on Nov. 27, making it available to tens of millions of its customers with a 75x leverage.

Other top exchanges that listed the coin included Bitget, KuCoin, Woo, and BitMart. Historically, cryptocurrencies tend to rally after being listed by major exchanges, as more traders buy them amid the FOMO.

Data showed that the 24-hour trading volume stood at $338 million, with most of it coming from Bybit, Gate, OrangeX, and Raydium. This volume is set to increase sharply once the new exchanges are included.

However, the CHILL圭 crypto faced some potential risks. For one, the coin could follow the trajectory of other recently launched hype tokens, such as Peanut the Squirrel and Act I The AI Prophecy, which surged parabolically this month.

The two tokens have declined sharply in recent days and underperformed most meme coins.

Moreover, the creator of Just a chill guy has threatened to file a lawsuit against the use of his creation for commercial purposes. It is unclear if the lawsuit will have a major impact, given that the coin is largely traded on international exchanges.

Finally, there were signs that smart money was beginning to sell. Data from Nansen showed that the number of smart money wallets decreased from 94 last week to around 71 on Wednesday.

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