The meme coin mania is in full swing, turning small-scale investors into crypto millionaires every day.
After Peanut The Squirrel and Goatseus Maximus skyrocketed to multi-billion-dollar valuations within two weeks, another Pump Fun coin Just A Chill Guy (CHILLGUY) has taken the meme coin sector by storm.
The CHILLGUY price is up by over 463,000% since its launch on November 16th. Unsurprisingly, a few lucky buyers managed to create generational wealth from its meteoric ascent.
Just A Chill Guy Makes New Crypto Millionaires
Just A Chill Guy is the new viral meme on social media and is particularly doing the rounds on X and TikTok.
It is, therefore, no surprise that the new meta is dominating the meme coin sector as well. As previously stated, CHILLGUY has skyrocketed by more than 463,000% in the past week, creating many crypto millionaires in just a few days.
For instance, a lucky trader made an early investment worth just $4 into CHILLGUY. Just a couple of days later, he sold his entire holding for over $140k, generating a staggering 35,000x return. Definitely the chillest guy.
However, his profits pale in comparison to that of another small-scale investor. This lucky trader turned an early $160 investment into $4.2 million, generating a massive 26,250x return. While he has offloaded some of his CHILLGUY position, he continues to hold most of it, clearly expecting more growth from the meme coin.
Another investor who purchased $42 worth of Just A Chill Guy is now a millionaire and has already locked in over $604k worth of profits, leaving a moon bag worth over $442k.
Notably, CHILLGUY’s bull rally doesn’t appear to be over just yet. The meme coin is currently consolidating between the $350 million and $500 million market capitalization. However, if Peanut The Squirrel’s rally is any indication, Just A Chill Guy could be the next Pump Fun project to reach a multi-billion-dollar valuation.
All eyes are now on a potential Binance listing, considering the world’s leading exchange continues to list low-cap, decentralized meme coins.
Could This New Meme Coin Offer Similar Returns?
Smart money investors who have missed out on meme coins like CHILLGUY aren’t wasting too much time regretting it.
For instance, a deep-pocketed investor purchased over $220k worth of Pepe Unchained (PEPU) yesterday, a microcap meme coin that is currently all the hype. $50k buys are a common occurrence for the meme coin and a whale has even swapped over 100 ETH for it.
The PEPU presale has already raised over $40 million, significantly higher than the pre-Binance valuations of projects like First Neiro On Ethereum and Act I: The Prophecy.
It is unusual for new Ethereum meme coins to be in such high demand, owing to the high trading costs on the blockchain. However, Pepe Unchained’s upcoming Layer-2 ecosystem, which promises extremely low transaction fees, instant transactions and high staking rewards has appealed to whales and retailers alike.
The project is even launching its own meme coin launchpad, called Pepe’s Pump Pad, a direct competitor to Pump Fun. Soon, Ethereum’s vast user base could invest in projects like CHILLGUY with Pepe’s Pump Pad.
It is therefore no surprise that smart money investors are speculating about the possibility of a Binance or Coinbase listing for Pepe Unchained while others are calling it the next 100x meme coin.