In an astonishing display of trading prowess, one trader has turned a modest investment of $4,000 into a staggering $1.7 million through strategic trades in the meme coin $CHILLGUY.
This impressive feat, equating to a 410x return, has kept many people talking about it, with some alleging insider trading and others speculating about the potential for similar gains in the current cycle.
The meme coin trader’s wallet has a win rate of 44%, 16 tokens traded over the past 30 days, and a total profit and loss (PnL) of +766%.
As CHILLGUY continues gaining traction, many wonder if such extraordinary trades are still possible in today’s market or if they are mere luck or insider trading.
The Surge of $CHILLGUY: Who Is The Next $4K to $1.7 Million Trader?
Just a Chill Guy (CHILLGUY) has seen an explosive rally, recently hitting a record high of $0.6575 and pushing its market capitalization close to $600 million.
Source: Coingecko / Just a chill guyThis surge has positioned CHILLGUY as one of the top-performing meme coins, outpacing established competitors like SPX6900, Turbo, and Memecoin.
The rally is largely attributed to heightened market excitement fueled by significant exchange listings and traders’ fear of missing out (FOMO).
The recent listing of CHILLGUY on major exchanges such as Binance Futures has dramatically increased its visibility and accessibility to a broader audience.
Binance’s 75x leverage has attracted traders looking to capitalize on the coin’s volatility.
Other exchanges, such as Bitget, KuCoin, and BitMart, have also added CHILLGUY to their platforms, contributing to its rising trading volume, which has increased by an impressive 24.4% in the past seven days.
However, despite its meteoric rise, CHILLGUY faces potential risks. The coin could follow in the footsteps of other recently launched hype tokens like Peanut the Squirrel and Act I The AI Prophecy, which experienced sharp declines after initial surges.
Earlier, the creator of the Chill Guy meme threatened legal action against unauthorized commercial use of his artwork.
However, it remains uncertain how this would impact trading activity on international exchanges.
The recent performance of Bitcoin, which dropped back to almost $91,000 before recovering to $96,000 indicates that smart money investors have started to sell off their holdings.
This trend could signal potential volatility ahead for memecoin like $CHILLGUY as profit-taking becomes more prevalent.
Despite these challenges, the overall sentiment around CHILLGUY remains strong.
Source: Coingecko / Just a chill guyThe meme coin has attracted over 136,800 holders, demonstrating significant community engagement and interest in its unique gameplay mechanics.
The character behind CHILLGUY—a laid-back cartoon dog—has resonated particularly well with younger audiences, creating a strong brand identity that could drive further adoption.
$CHILLGUY is not the first and not the last; more memecoins are also performing really well out there.
The Cryptonew team has recently gathered the best new memecoins with great potential you can buy in this market rally. Make sure to check it out HERE.
Crypto All Stars ($CAS) – The Next Big Meme Coin Sensation?
Amidst this booming season for memecoins like $CHILLGUY, Crypto All Stars ($CAS) emerges as an intriguing opportunity for investors looking to engage with a fresh concept that combines humor with blockchain technology, just like the unexpected boom of a memecoin like $CHILLGUY.
While $CHILLGUY is more based on relative artwork, Crypto All Stars offers a satirical take on modern-day politics with an interactive ecosystem where users can earn rewards through gameplay and community engagement.
The platform features fictional characters that parody various political ideologies, personalities, and parties, making it entertaining and thought-provoking.
Through their engagement with $STARS tokens, participants can influence decisions affecting the platform’s future, which is giving back true governance ownership that is often lacking in traditional memecoin projects.
With its unique approach and growing popularity in the memecoin sector, Crypto All Stars is poised to capture significant interest from investors looking to diversify their portfolios with innovative projects during this current cycle.
The presale for Crypto All Stars has already garnered attention, raising over $6 million within a few days of its launch. Early buyers are already seeing massive returns on their investments.
You can still join the early buyer group; the CAS team has recently widened the presale time for more early investors to take advantage of the presale price, which at $0.0016384 can get you $1 STARS at a steal.
As more investors join in, $STARS could see substantial appreciation—some analysts even speculate gains could reach 100x as it gains traction.
Interested investors are urged to buy now before the presale door closes with is closing within a few days from now.
Buy CAS Here
The post Are 410x Trades Still Possible? This Trader Turned $4k into $1.7 Million with $CHILLGUY appeared first on Cryptonews.
