- CHILLGUY was trading at $0.5052, with a market cap of $505.12 million, down 8.42%
- The selloff was significant in the coin’s 24-hour volume of trade: it slumped by 39.56% to $190.67 million.
- The $MAJOR development team announced OKX as the first crypto exchange where the $MAJOR token will be listed
Just a Chill Guy (CHILLGUY), the sensational meme coin that has taken the crypto world by storm in the past few weeks, has witnessed some price corrections. The price of the meme coin has slumped by 10% in the past 24 hours.
Experts suggest that the slump is owed to some profit-taking by some large holders. According to Coinmarketcap data, despite the slump, the coin’s 7-day numbers still looked good (up 29.61%). At the time of writing, CHILLGUY was trading at $0.5052, with a market cap of $505.12 million, down 8.42%.
The selloff was significant in the coin’s 24-hour volume of trade: it slumped by 39.56% to $190.67 million.
Recall that CHILLGUY recently made several millionaires when its price surged by 511%, with one smart trader turning $865 into $6.4 million.
According to data provided by Arkham Intelligence, a blockchain intelligence firm, the trader bought 16.024 million CHILLGUY worth about $865 on November 15, and after the massive pump of November 20, the trader’s 16.024 million CHILLGUY shot up to $6.4 million, making them an instant millionaire.
After the story became public and popular within the crypto community, many crypto enthusiasts became interested in the coin. The interest continued pushing the coin and on November 27, it reached a record high of $0.6575 with its market cap hitting $600 million.
Other factors that sustained CHILLGUY’s upward trajectory in the past few days were its listing on Bybit Spot and Binance Futures on November 26 and 27, respectively.
Other crypto exchanges Bitget, KuCoin, Woo, and Bitmart followed suit and listed CHILLGUY and that drove up its trading volume. But that has cooled off now.
Bitcoin rebounds after Tornado Cash court victory
Bitcoin, the chief of all cryptocurrencies, rebounded to over $95,000 after hovering around $92,000 for the past two days. The rebound came as news of crypto mixer Tornado Cash winning a major case in court in the US.
A three-judge panel ruled that sanctioning Tornado Cash's smart contract was illegal. Coinbase, the biggest cryptocurrency exchange in the US, backed Tornado Cash in the lawsuit.
At the time of writing, Bitcoin was trading at $95,109, with a market cap of $1.88 trillion.
How crypto influencer was kidnapped and killed
Meanwhile, TheRadar earlier reported that on November 13, authorities in Montreal, Canada, said the dead body of a crypto influencer identified as Kevin Mirshahi was recovered. Local media reports revealed that the body was found at Île-de-la-Visitation park in Montreal’s Ahuntsic-Cartierville borough.
According to local media, The Gazette, a passerby discovered the decomposing body at the nature park around 10am on October 30. After the police were informed, an autopsy was conducted, and the body was identified as Kevin Mirshahi.
