Amidst the crypto market bullish rally where Bitcoin is hitting record prices and Ethereum is surging significantly, the memecoin community keeps providing the most innovative digital currencies.
Just a chill guy is the latest addition to the internet humor that resonates with aspiring crypto traders following the most out-of-the-box blockchain currencies on the Solana network.
CHILLGUY is probably going to compete with popular memecoins, like BONK and dogwifhat, especially after significant endorsements and crucial listings that will most likely drive the coin’s sustainability.
Just a chill guy has become a famous internet joke circulating across social media and meme creators and, of course, made its way to the crypto community.
The just a chill guy meme cryptocurrency was introduced on 20 November and has quickly made it among the top 250 crypto out of 10,000 listed currencies on coinmarketcap’s radar.
There are over 999 million tokens in the total supply, with 100% of them in circulation, which many criticize as a short-sighted vision. However, many realized staggering profits from the massive I’m just a chill guy coin price volatility.
One meme coin millionaire hit the jackpot with over $6 million profit from buying CHILLGUY tokens two weeks ago.
The just a chill guy price fluctuated massively on initiation, recording over 30% volatility on the first day. However, it kept trending around the $0.44 and $0.40 range.
In the following days, it dropped to the $0.30 – $0.40 range before closing at a record price of $0.5036 on 21 November.
On 24 November, the token experienced another spike, rising from $0.29 to $0.476 in 24 hours, where many traders made substantial returns.
On 27 November, CHILLGUY recorded another positive rally, reaching as high as $0.70 before closing at $0.565.
Let’s analyze just a chill guy price and predict future trajectories using the Bollinger bands.
We see the 28 and 29 November market price moving below the middle band, meaning the CHILLGUY is trending at less than the average price.
However, on 29 November, the price started declining towards the lower band, indicating an overselling activity and possible price rebound. In fact, the price slightly jumped by 3% in the following hour, marked by a green candlestick.
The coin price may continue its pattern, hitting a current decline after a previous surge, meaning that the ongoing drop, combined with touching the bottom band, indicates that a possible bullish market is coming.
The Just a chill guy memecoin has hit the market, significantly influencing the ongoing crypto bull run and creating riches from the volatile movement.
The token started strongly with crucial listing on top exchanges and endorsements that grabbed massive attention. However, with traders taking both sides of the market, will the CHILLGUY coin take over DOGE and become the leading meme cryptocurrency?
Disclaimer: This article is for informational purposes only. It is not finance advice and should not be relied upon for investment decisions. Always do your own research and consult a financial advisor before investing.