CHILLGUY Meme Coin Under Scrutiny: Possible Plagiarism from Thailand

Doge-themed meme coin CHILLGUY tanked by around 14% within a day following claims of plagiarism. After weeks of being among the top discussed meme coins

Internet users are claiming that the CHILLGUY meme coin is actually plagiarized from a booklet character in Thailand called RELAXBOY, and this claim is causing the price of CHILLGUY to drop by 14%.

The meme coin, which features a Shiba Inu dog sitting calmly with the phrase “Just a Chill Guy” written above it, has seen a lot of attention in the crypto industry over the past few weeks. It has even been mentioned in the same breath as other popular meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). However, recent developments are threatening to derail CHILLGUY's ascent.

According to reports, a Reddit post has emerged that includes an image of a booklet with the RELAXBOY character on it. The face of the RELAXBOY character has been swapped out for the Shiba Inu that is used in the CHILLGUY meme.

However, the timeline of the publication is unclear, with some users claiming that it is six years old while others say it is eight years old. Additionally, there is no documentation available for the booklet, and some investors are speculating that it may be a recent creation designed to generate hype around CHILLGUY and boost its performance.

As the controversy surrounding the CHILLGUY meme coin continues to unfold, its price has seen a decline of 4% over the past 24 hours. At the time of writing, CHILLGUY is trading at $0.1792, and its market capitalization has dropped to $179.18M.

On the other hand, CHILLGUY has experienced a surge of 6% in trading volume, indicating a high level of activity among investors. The controversy around the token has likely contributed to strong selling pressure, leading to its price decrease.

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