Chill Guy Meme Coin Experiences Sharp Decline Amid Viral TikTok Frenzy

The memecoin 'Chill Guy' has experienced a significant decline of about 13.69% over the past 24 hours, alongside a 18.45% drop over a week and a 52.73% decrease over a month. Despite this, it maintains a relatively stable market cap of $49.2 million with high 24-hour trading volume of $21.5 million. The token's price has dropped sharply from its all-time high of approximately $0.658 in November 2024, to a current price of about $0.049. Its supply remains fixed at 1 billion tokens, and it is part of the Solana ecosystem, particularly in meme and dog-themed categories boosted by viral TikTok activity. The token is actively traded on KuCoin, BingX, and Bitrue. Given the recent decline and the context of viral meme culture driving its popularity, potential investors should consider both the high volatility and the community-driven nature of the project, which may lead to unpredictable price swings.