Solana-Based Meme Coin Just a Chill Guy (CHILLGUY) Soars in Value, Gaining 135% in a Week

The newly minted Solana meme coin, Just a Chill Guy (CHILLGUY), is making waves in the crypto world. After skyrocketing 135% in the past week, its market capitalization surged from $461 million to $621 million in just two days, now trading at over $0.62.

The CHILLGUY token saw an impressive 37% rise in the last 24 hours alone, continuing its remarkable ascent. This surge began earlier this week when meme creator Philip Banks initiated legal action against counterfeit merchandise and coins using his intellectual property. Despite—or possibly because of—the controversy, the token went viral, drawing attention on platforms like TikTok and Twitter.

The meme coin has quickly garnered a loyal following, with more than 136,800 holders, according to Solscan data. Notably, the rise isn't just driven by retail investors. On November 25, analytics firm Nansen reported that $108,450 in "smart money" (institutional and high-volume investors) flowed into CHILLGUY within 24 hours, signaling growing long-term confidence in the token.

The coin's mascot—a relaxed cartoon dog in a sweater—has resonated with Gen Z and millennials, who are pushing to outpace established meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).

CHILLGUY’s rapid success mirrors broader trends in the crypto market, including the rise of the "JUSTICE" token. The emotional launch of the token, inspired by Mark Longo’s loss of his pets Peanut the Squirrel and Fred the Raccoon during a government raid, shows how personal stories can fuel interest. JUSTICE has already reached a market cap of $28 million with over 22,471 holders, highlighting the growing influence of emotional narratives in the crypto space.