Savvy Crypto Trader Turns $865 Investment into $6.4 Million Trading Chill Guy Meme Coin

The Chill Guy memecoin rose to fame after being facilitated by the “Chill Guy” character created by digital artist Philips Banks in 2023.

A crypto trader has made a huge profit by trading the Chill Guy meme coin, which saw a 511% surge in the last 24 hours.

According to Arkham Intelligence, a blockchain intelligence firm, one wallet made $6.4 million from trading the memecoin.

The wallet, shared by Arkham with its X community, bought 16.024 million Chill Guy five days ago, before its market cap hit $477 million.

Now, the 16.024 Chill Guy is worth approximately $6.4 million, a huge return on the initial investment.

The memecoin rose to fame after being facilitated by the “Chill Guy” character, created by digital artist Philips Banks in 2023.

The character, however, is not a new creation, as it was created years ago but went viral on TikTok, pumping its associated meme coin to a new all-time high and market capitalisation.

Chill Guy was created by the Solana memecoin generator Pump.fun two months ago, highlighting how lucrative and yet risky memecoins trading can be.

According to Gecko terminal data, the meme coin is currently being held by 105,000 holders.

On Wednesday, the TikTok-inspired meme coin saw an impressive 511% spike, creating a new batch of millionaires who had invested in it just days earlier.