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Cryptocurrency News Articles
Just A Chill Guy (CHILLGUY) Price Prediction: CHILLGUY Skyrocketed by 560% in the Last 24 Hours, Will It Continue?
Nov 20, 2024 at 06:28 pm
The Just A Chill Guy price skyrocketed by 560% in the last 24 hours to trade at $0.2141 as of 2.45 a.m. EST on trading volume that surged to $219.18 million.
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The Just A Chill Guy price skyrocketed by 560% in the last 24 hours to trade at $0.2141 as of 2.45 a.m. EST on trading volume that surged to $219.18 million.
The token emerged less than a week ago, and it quickly started winning over crypto communities, which eventually led it to a parabolic surge in the last 24 hours.
I'm a chill guy with a lambo pic.twitter.com/PrBp8j5t6z
— just a chill guy cto (@chillguycto) November 16, 2024
At one point, the project’s price skyrocketed over 800%, going from under $0.010 on November 18 to the resistance at $0.22 yesterday, November 19. Since then, its price saw a correction to $0.17, and then another recovery to its current levels.
Interestingly, however, the rest of the crypto market is not surging at the time of writing. In fact, most projects among the top 10 largest cryptos by market cap are trading in the red, suggesting that Just A Chill Guy is trading against the market currently.
Just A Chill Guy Price Prediction
Following its price’s achievement in reaching $0.22, correcting, and then recovering back to this level, the project has seemingly struggled to continue moving upward. However, this might not last for long, as there are signs that the resistance at $0.22 is about to break.
Right now, CHILLGUY is pushing against this level, and its Bollinger bands are showing signs of widening, which may suggest that the price is about to break out and skyrocket further up.
The price is already pushing against the upper band as of the time of writing, and will likely continue pushing it up, or potentially even go beyond its limits, in case of a sudden, massive breakthrough.
On the other hand is the project’s Relative Strength Index (RSI) value, which has been fluctuating between the value of 60 and 50 over the last several hours.
This suggests that the market is highly bullish when it comes to the token since the RSI has not crossed the value of 50 in over 12 hours. In other words, the traders are bullish, but they are biding their time and waiting for the right moment to start buying.
Another reason why a surge could be coming is that Bitcoin is currently trading in the green, up by 1.45% since yesterday, and by over 6% in a week. Its price has just crossed the $93k mark, which will likely cause investors to double down on the altcoin market. Given that the altcoins are trading in the red right now, this also gives them a chance to buy the dip.
In the end, CHILLGUY might be one of the first to blow up following BTC, but also due to the hype surrounding the token itself, as the investor interest is clearly visible in its technical indicators.
Promising Alternative To Just A Chill Guy
If, however, you do not wish to take a risk with Just a Chill Guy, Flockerz (FLOCK) might be an interesting alternative to explore.
This is a relatively new meme coin, currently still in presale, that quickly won over investors, as well as those who are looking to become a part of a strong community.
Forming and maintaining a strong community is really the project’s main goal, and to that extent, it created a new model called Vote-To-Earn (V2E).
The model’s idea is to reward FLOCK token holders for their participation in project governance. The project wants to have as many people vote in the decision-making process as possible, as that ensures high levels of decentralization.
So, to ensure that they will, it plans to incentivize them by providing rewards in FLOCK each time when its users vote and help the project reach a decision.
Because of this, many believe that the project has great potential to attract users and push demand, especially since it also offers massive staking rewards in addition to voting rewards.
ClayBro, a popular crypto YouTuber with over 131k subscribers, said many times that he believes FLOCK has at least 10x potential, and that it could see major gains in the upcoming bull run.
Many investors seemingly feel the same way, and their investments have brought the project’s ICO to nearly $2.5m raised.
Meanwhile, the token itself, FLOCK, sells for only $0.0060772, making it extremely affordable. You can buy it with cards or crypto, including ETH, USDT, and BNB
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