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CHILLGUY defies the market slump with a 42% surge, fueling debate on whether to buy now or wait.
The cryptocurrency market is selling off today, but ‘Just a chill guy’ continues to push forward with a 42% pump in the last 24 hours. Will it keep rallying, or are there better opportunities on the market?
Traders eye Binance listing
Everyone is talking about a Binance listing for Just a chill guy. It makes sense; it’s the hottest meme coin of the week, and Binance has listed other new meme coins like Peanut the Squirrel and ACT I: The AI Prophecy.
It’s not just pure speculation driving the rumors.
On-chain sleuths are closely watching for links between the exchange and the token, with multiple people claiming to have spotted Binance wallets accumulating CHILLGUY.
Binance is the largest crypto exchange by 24-hour trading volume. Should it list Just a chill guy, this would open the token to a vast pool of investors, which could help its price soar hihger.
For reference, Peanut the Squirrel exploded over 5x following its Binance listing, hitting a $2 billion market cap.
CHILLGUY defies market downturn
What’s impressive about CHILLGUY’s performance is its rallying while other cryptos tumble.
Today, the top five meme coins are all in red, as are the market-leading cryptos, Bitcoin and Ethereum.
CHILLGUY’s strength in this period suggests significant demand, which could allow a stronger rally as the broader market recovers.
As to how far it can go, numerous analysts are pointing to a $1 billion market cap target.
Given CHILLGUY’s relative strength amidst the market selloff, this seems attainable. Should it secure the Binance listing as hoped, it may even mimic Peanut the Squirrel’s performance and reach a $2 billion valuation. That would give a token price of around $2.
Cryptos looking to outperform CHILLGUY
Just a chill guy is not the only meme coin with momentum today. Traders are also buying lower market cap alternatives hoping to outperform CHILLGUY in the next rally.
One of these alternatives is Flockerz, a viral bird-themed meme coin that is all about decentralization.
The project is currently in its presale phase, allowing investors to buy in at the lowest price.
Analysts believe this could be another meme coin that could provide huge returns, with ClayBro even saying it could “be a millionaire maker.”
The project stands out from other meme coins with a Vote-to-Earn decentralized autonomous organization (DAO). This allows FLOCK holders to vote on decisions relating to the project’s future and get paid for it.
It improves the governance system of most meme coins, which are controlled by centralized teams.
Flockerz has raised $3.4 million in its presale so far. The current price is $0.0061504, but this will rise in one day.
FreeDum Fighters is another in-demand meme coin. Like CHILLGUY, it derives from a trending topic of discussion.
While CHILLGUY is based on a viral TikTok meme, FreeDum Fighters is all about US politics. It features mechanized versions of political figureheads like not-so-chill guy Donald Trump, Elon Musk, and Joe Biden.
FreeDum Fighters is a real spectacle, exactly like US politicians. It offers comedic political satire, ensuring the community has lots to laugh about.
However, it also has utility through partisan-focused staking pools and weekly debates. In the debates, participants argue for or against a chosen topic, with the winners earning $DUM rewards.
The project is also undergoing a presale and it has raised over $640k so far. However, it ends in ten days and then $DUM will list on exchanges.
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