In This Article
- Is CHILLGUY Gearing Up For A Run Back To Its All-Time High?
- What Is Driving The CHILLGUY Rally? Revolut & Wintermute Accumulating
- BONUS: Solaxy (SOLX) Closes In On $35m Presale Funding: This Solana Layer-1 Solution Is Coming At A Crucial Time
- How to Buy SOLX Now Before The $35m Funding Milestone Is Hit
CHILLGUY, a Solana meme coin based on the most viral meme of 2024, continues its recent revival, surging 40% overnight following a 450% move since April 12.
The meme coin appeared dead and buried following a 95% slump from its November 2024 highs, when it reached a market cap of $600m before plummeting to $19m.
BREAKING NEWS🚨#ChillGuy Token breaks 100M market cap while majority of people and influencers are still sidelined!
Retail wins again! pic.twitter.com/bMihvTEFWv
— Gibbs (@CryptoGibbs28) May 12, 2025
Is CHILLGUY Gearing Up For A Run Back To Its All-Time High?
Everyone assumed that CHILLGUY was dead after it tanked 95% from its November 2024 highs, with many calling it a failure due to it seemingly losing its staying power.
However, the mindshare for the meme didn’t go anywhere, as it could still be found being used by influencers, sports teams, and everyone in between for the remainder of 2024 and into 2025.
CHILLGUY falling so far was part of a wider crypto collapse, which saw many major cap tokens losing 90%+ of their market cap valuations. One thing that held steady throughout the downtrend was the holder count.
Per HolderScan, CHILLGUY peaked at 154,000 holders and has never dropped below 127,000. It currently backs up to 133,000 holders. The holder count staying strong and bouncing well from the bottom is a telltale sign that a token is far from finished.
In comparison, POPCAT, another prominent Solana meme coin, has 141,000 token holders. Considering POPCAT launched 11 months before CHILLGUY, the speed at which CHILLGUY has accumulated a similar number of holders is astounding.
The overnight rally from CHILLGUY has taken it back above $0.1, just barely. It is a key to hold as it represents a significant resistance level if it is lost again. It will provide a solid base for a push back toward $0.5 if it has.
If Bitcoin and the broader market continue their bull market ways, CHILLGUY’s mid-term target should be the coveted $1 billion market cap level. It was well on its way in November before the market ran out of steam, but this time, things look different.
With Bitcoin teasing a new all-time high and a subsequent breakout over $110k, Ethereum having its best trading days since 2021, and Fed rate cuts rumoured for June’s FOMC meetings, CHILLGUY has all of the momentum to push further than ever this second time around.
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What Is Driving The CHILLGUY Rally? Revolut & Wintermute Accumulating
#chillguy is looking very bullish 🐂
– Revolut are accumulating tokens
– wintermute are accumulating tokens
– whales wallets are buying in bigBinance listing is bound to happen 🔜 pic.twitter.com/fTatLWlo4c
— Mr Central (@mrcentralcrypto) May 12, 2025
The continuous bullish momentum for CHILLGUY over the past 30 days has some extremely bullish connotations when you look under the hood.
Meme coin investor, Mr Central, has done some on-chain digging and found that the Revolut hot wallet has accumulated CHILLGUY during this rally.
While already being available on the neo-bank platform, Revolut, which in itself is a huge feat for attracting fresh retail investment, is stacking more and more CHILLGUY, which highlights the growing demand for the meme coin.
Notable market maker Wintermute can also buy huge amounts of CHILLGUY via its on-chain activity. Per Mr Central’s screenshots, Wintermute currently holds over 45 million CHILLGUY tokens, amounting to roughly $3.1 million.
This institutional and whale accumulation of CHILLGUY is leading to much online speculation that a full Binance listing could be on the way. CHILLGUY is only available on Binance futures, where it has processed over $219 million in daily trading volume.
As for spot listings, CHILLGUY is available on ByBit and Bitget, amongst other smaller exchanges. A number of potential listings could propel the Solana meme coin to the next level.
OKX, ByBit, and Coinbase, alongside Binance, would all provide a huge boost for CHILLGUY, opening it up to a fresh stream of untapped liquidity.
Over the past 24 hours, the trending meme coin has processed over $76 million in trading volume, equalling three-quarters of its total market cap of $104 million. The spike in volume spotlights the growing appetite for CHILLGUY and is an important metric to keep an eye on going forward.
If everything falls into place, now could be the best time to learn how to buy CHILLGUY, so you’re ready to pounce.
BONUS: Solaxy (SOLX) Closes In On $35m Presale Funding: This Solana Layer-1 Solution Is Coming At A Crucial Time
With the crypto markets heating up fast and a breakout bull run looking increasingly likely, Solaxy (SOLX) is launching at the perfect time. Solana (SOL) itself is quickly moving back toward $200, currently trading at $176, and with it is coming a surge in activity across the network.
Solana meme coins such as CHILLGUY and POPCAT are experiencing a resurgence, alongside the thousands of new launches via Pump.fun, Raydium’s LaunchLab, and now the LetsBonk launchpad.
This is straining Solana’s mainnet, which has in the past led to failed transactions and even full-on network outages.
Solaxy (SOLX) aims to solve this issue, but couldn’t have picked a better time. As the first (L2) solution being developed for Solana, it has the first-mover advantage in the space.
With the recent launch of its Testnet, SOLX continues its push to address the network congestion that has long limited the chain’s performance during times of peak trading activity.
While new L2 solutions seemingly launch each week on Ethereum, Solana doesn’t currently have a single L2 in its name. Solana is crying out for scalable infrastructure to support the influx of fresh interest.
Solaxy’s design takes the load off the main chain, maintaining fast, low-cost performance even at peak times. It achieves this by utilizing roll-up technology, batching transactions from the main net, taking them off-chain to process, and sending them back to Solana for settlement.
This takes a heavy load off the main net while still providing the security and infrastructure that Solana has long been known for. Investors have clearly earmarked Solaxy as a blue-chip Solana play, with it still seeing daily six-figure inflows over two months into the presale.
How to Buy SOLX Now Before The $35m Funding Milestone Is Hit
🚨 Solaxy is now live in Upcoming Tokens! 🚨@SOLAXYTOKEN gives holders an opportunity to join the first-ever Solana Layer 2 blockchain.
Solaxy is set to enhance blockchain innovation through limiting congestion, reducing failed transactions, and improving scalability on SOL.… pic.twitter.com/satNF6zFNF
— Best Wallet (@BestWalletHQ) December 17, 2024
This latest funding round in the SOLX presale will close in 24 hours. Once it does, the next stage will kick in, raising the current price of $0.001722 per SOLX.
Newly purchased SOLX tokens can be staked through Solaxy’s native protocol. It currently offers a dynamic 116% APY that adjusts based on the overall pool size.
While all major self-custodial wallets can be used to purchase SOLX, Best Wallet is the recommended option. It gives you complete visibility of your SOLX tokens before launch, plus seamless multi-chain access between Ethereum and Solana.
The next milestone is $35 million and looks likely to be reached in the next 48 hours if the wider crypto markets continue to show bullish momentum.
Visit The Solaxy Presale Today
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CHILLGUY continues its reversal following 95% crash earlier this year
- The viral 2024 meme coin is up 40% on the day and over 450% in the past month as Solana meme coins sh0w signs of life
- Revolut and Wintermute are both stacking CHILLGUY, with rumors of an upcoming Binance listing circulating online
- Solaxy (SOLX) closes in on $35m in presale funding as the first ever L2 protocol on Solana
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