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Cryptocurrency News Articles

Why is Morty trending? Turns Out Chillguy's Dev Is Behind This New Meme Coin

Dec 01, 2024 at 05:46 am

The Chillguy developer, mrowl, keeps deploying new meme coins on Pump.fun without pause. He sold Chillguy for just 1 SOL, missing out on millions in potential gains. Now, another meme coin is trending, and it seems he's behind it. Could Morty match Chillguy's success?

Why is Morty trending? Turns Out Chillguy's Dev Is Behind This New Meme Coin

The developer behind the popular meme coin Chillguy has apparently launched another token, this time called MORTY. The token has quickly surged in value, reaching a peak of around $16 million and currently trading at about $12 million, with trading volume reaching $47 million in less than 24 hours.

Morty has attracted attention due to its connection to Chillguy, with some traders speculating on X about the link between the two coins. However, this connection may also raise concerns.

The developer of Chillguy is known for dumping their bags shortly after launch. While Chillguy’s success can be largely attributed to its virality as a meme on social media and the community that recognized CHILLGUY potential.

Morty’s quick rise is undeniable, and the token seems to be capitalizing on Chillguy’s success. Meme coins inspired by cartoons like Rick and Morty or anime are common, and Morty’s parabolic rise is evident from the chart. Whether it can sustain this momentum is another question. In a market where meme coins easily reach hundreds of millions in market cap, Morty might have a chance to match Chillguy’s heights.

As for the dev, they’re already launching more coins, keeping their hustle alive. Their last creation on Pump.fun? Evilmorty. And probably, this is not going to be the last one.

News source:99bitcoins.com

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Other articles published on Dec 01, 2024