El Salvador’s President, Nayib Bukele, just lately shared a meme-themed put up that includes the “Only a Chill Man” mascot, sparking a surge within the worth of the related memecoin, $CHILLGUY. Following the put up, $CHILLGUY skilled a short-term rally, with the token traded at $0.454, seeing a 106% enhance over 24 hours.
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— Nayib Bukele (@nayibbukele) November 21, 2024
At present, $CHILLGUY is priced at $0.3271, reflecting a 59.17% achieve. Its market cap now stands at $349.88 million, whereas the 24-hour buying and selling quantity has climbed to $365.71 million. Inside simply an hour, $80.26 million in buying and selling quantity was recorded, uniformly cut up between purchase ($40.1M) and promote ($40.16M) exercise. The token’s sudden recognition has drawn vital consideration from each patrons and sellers alike.
Courtesy: Coinmarketcap
Solana-based $CHILLGUY Trajectory
Since its launch, $CHILLGUY has delivered substantial income to early adopters. For instance, one dealer reportedly earned over $1 million from an preliminary funding of $1,000 in lower than per week. President Bukele, famend for his pro-Bitcoin stance and his initiative to purchase 1 BTC each day, has reignited curiosity in $CHILLGUY together with his refined put up.
“Only a Chill Man” ($CHILLGUY) is a Solana-based meme coin impressed by a viral TikTok meme. Its mascot, created by artist Phillip Banks in 2023, has fueled the token’s rising enchantment. Bukele’s put up not solely amplified the $CHILLGUY frenzy but additionally offered a lift to Solana (SOL), recognized for its meme coin ecosystem.
SOL has risen 2.37% up to now 24 hours, now buying and selling at $241.39 with a market cap of $114.57 billion. This progress is supported by a 4.91% enhance in its 24-hour buying and selling quantity, which reached $7.22 billion.
