According to blockchain tracker Lookonchain, a savvy crypto trader is enjoying a staggering 38,399x profit on the new meme coin.
According to Lookonchain, an anonymous trader has reaped huge profits from Just a Chill Guy (CHILLGUY), a meme coin built by Solana (SOL) based on a viral comic.
“$160 became $6.14 million, a profit of 38,399 times!
12 days ago, this trader spent just 0.75 SOL($160) to buy 12.5 million CHILLGUY on http://Pump.fun, then sold 2.8 million CHILLGUY for 149 $SOL($35.4,000) . chill guy
The trader still has 9.62 million CHILLGUY ($6.1 million) for a total profit of $6.14 million!”
Source: Lookonchain/X Source: Lookonchain/X
CHILLGUY was one of the most talked about meme coins last month.
Last week, the illustrator behind the viral meme “Chill Guy” told Chill Guy holders that he plans to take legal action against the Solana (SOL)-based meme coin over copyright issues. I warned you.
Chill Guy creator Philip Banks has threatened legal action on social media platform X for unauthorized commercial use of his viral comic.
“Just by publishing it, Chill Guy is copyrighted, like legally. We'll be doing some commercial-related takedowns in the next few days.”
CHILLGUY is trading at $0.461 at the time of writing, up 16.1% from a week ago. Following Banks' tweet, Chill Guy fell approximately 54%. The highly volatile meme coin was created less than two weeks ago.
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