The CHILLGUY meme coin is under scrutiny after accusations of plagiarism, which have significantly affected its market value.
Plagiarism Allegations: The CHILLGUY Story
The 'Just a Chill Guy' meme coin has been controversial after being accused of plagiarism. According to social media reports, its creator Philip Banks claims he never authorized the use of his artwork for brand promotions. A Reddit post revealed additional details accusing CHILLGUY of plagiarism, igniting further controversy.
Financial Impact on CHILLGUY
Today, CHILLGUY's price decreased by 4% to $0.1792, resulting in a market capitalization drop to $179.18 million. Despite a 6% surge in trading volume indicating increased investor activity, the controversy surrounding the token has imposed selling pressure, causing a price decline.
Future Trends in Crypto Market
Investors seeking more reliable meme coins might consider Wall Street Pepe, which could present substantial returns once it is listed on popular exchanges.
The CHILLGUY meme coin situation exemplifies how allegations can result in financial repercussions for a cryptocurrency, influencing its market dynamics.
