<p>CHILLGUY's market capitalization surged from 10 million to 488 million in a short period, with one trader earning over 1 million from an investment of just over 1,000 in less than a week. Just a Chill Guy is a meme coin based on the Solana blockchain, created by artist Phillip Banks in 2023. This character went viral on TikTok, becoming a spiritual totem for a new generation of young people. On-chain data shows that one trader profited over 1 million from an investment of just over 1,000. The trader invested 233.89 when CHILLGUY was launched, and the market cap skyrocketed by over 38,800%, cashing out 16,200 for the first time. Despite the market's volatility, the total unrealized gains of this wallet exceeded 1.05 million. Creator Banks does not support the use of his artwork for cryptocurrency and has set his Twitter account to private. Nevertheless, there are still NFT series and derivative meme coins being launched.</p>

CHILLGUY

**Title: What Is Chill Guy? The Viral TikTok Meme Already Making Crypto Traders Millions**  
**Source:** Decrypt  
**Translation by:** Mary Liu  
The meme race sees another myth of thousandfold wealth. Just a Chill Guy – this meme that has gone viral on TikTok (the overseas version of Douyin) has been brought into the blockchain space by crypto enthusiasts, and within days, its market value surged past $500 million. Smart money in the meme space has made a fortune, with one player turning an initial investment of $1,000 into over $1 million in less than a week. Just a Chill Guy (CHILLGUY) is a meme coin based on the Solana blockchain, created by artist Phillip Banks in 2023. This anthropomorphized character, dressed in a hoodie, jeans, and sneakers, with hands in pockets and a "chill and relaxed" expression, became a sensation on TikTok, especially among Gen Z, representing a lifestyle of "Buddhist-like calmness and relaxation".  
In just a few days, CHILLGUY's market cap skyrocketed from $10 million on Monday to $488 million at the time of writing. On-chain data shows that a fortunate trader seized the opportunity, reaping over $1 million in profits from just a little over $1,000 in investments. The wallet holder starting with "9zW" invested $233.89 when CHILLGUY first launched on Pump.fun, when the coin's market cap was just slightly below $11,000. In the following 30 hours, the coin surged over 38,800%, reaching a market cap of approximately $4.4 million. During this period, this trader cashed out $16,200 through four trades. In the next few days, after a brief pullback, the coin rose again, but the increase was only 180% of the previous peak. During this time, the trader added another $867.35 investment through three more trades, bringing his total cost to about $1,101.24, most of which likely came from his initial profits.  
TikTok is not primarily a cryptocurrency platform, but the explosion of CHILLGUY has led many traders to believe that new users are entering the crypto space – perhaps they really are. On Tuesday, as CHILLGUY began its massive rise, a spokesperson from MoonPay told Decrypt that it was a historic day for Solana's trading volume, meaning more people than ever are using their services to inject funds into the Solana ecosystem. With a large influx of new investors, CHILLGUY surged from $1.15 million to $488 million on Tuesday and Wednesday, an increase of over 4,000%. Over these two days, the lucky trader continued to sell off part of his holdings. As of the time of writing, data from DEX Screener shows that the wallet has sold off CHILLGUY worth $411,500, while still holding nearly $700,000 of CHILLGUY. This leaves the wallet with total unrealized gains exceeding $1.05 million. However, due to the extreme volatility of the meme coin market, these gains have not yet been secured. Once market sentiment shifts, these unrealized profits could vanish in an instant.  
In addition to CHILLGUY, the wallet also holds over $100,000 in derivatives and $13,700 in the AI meme coin Goatseus Maximus (GOAT). Nevertheless, despite the token's popularity, its creator does not wish to ride the coattails of this success. He tweeted, "I do not support / agree to my artwork being used for anything related to cryptocurrency. Please stop bothering me." He subsequently set his Twitter to private to avoid harassment in direct messages. Despite this, several so-called "homage" NFT series inspired by CHILLGUY have been launched, with one of them having a floor price of 3 SOL (approximately $700). Additionally, a large number of derivative meme coins have also been introduced, including other character tokens created by Banks, such as Worried Guy (WORRIEDGUY), which Banks referred to as a "flopcoin" for failing to reach a market cap of $100,000, but later surged to $10 million. So, are you playing with memes?  
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