The world’s leading crypto exchange is staying the course with its meme coin push.
Binance Futures listed the Just A Chill Guy meme coin today on Wednesday, allowing its users to trade the coin with up to 75x leverage.
#Binance Futures will launch the USDⓈ-Margined $MORPHO and $CHILLGUY Perpetual Contracts at🗓️ Nov 27 2024, 14:30 and 14:45 (UTC) respectively Read more ➡️ https://t.co/pP9e0q9his pic.twitter.com/VxQQKfUXvS
— Binance Futures (@BinanceFutures) November 27, 2024
There is also considerable speculation about whether a Binance spot listing could be next for the new meme coin.
However, smart money investors warn that CHILLGUY may not be the best crypto to buy now. Instead, whales appear to be rotating to new meme coins like Pepe Unchained and CatSlap.
Binance Futures List Chill Guy Meme Coin – But Is The Top Already In?
Just A Chill Guy has been one of the top trending meme coins on the market, thanks to the viral “chill guy” meme coin on TikTok.
The meteoric CHILLGUY price rally has already turned several small-scale retail investors into millionaires. For instance, an early buyer turned his $160 investment in the token to $6.14 million, data from Lookonchain reveals.
Turned $160 into $6.14M, a 38,399x return!12 days ago, this trader spent only 0.75 $SOL($160) to buy 12.5M $CHILLGUY on https://t.co/DrKlYnPPqY, and then sold 2.8M $CHILLGUY for 149 $SOL($35.4K). #CHILLGUYThe trader still holds 9.62M $CHILLGUY($6.1M), with a total profit of… pic.twitter.com/a5tPaB3KpT
— Lookonchain (@lookonchain) November 27, 2024
Similarly, a lucky trader secured over $141k in profits with just a $4 investment in the meme coin.
This guy Bought $4 worth of chill guy and sold $141K Definitely the chillest guy right now. pic.twitter.com/zXzMHpAE0d
— King.sol 🇶🇦 (@teddi_speaks) November 20, 2024
The CHILLGUY price hit a new all-time high of $0.665, with a market capitalization of $660 million, before the Binance Futures listing today.
However, its debut on Binance failed to result in a bullish continuation. The CHILLGUY price is now trading at $0.55, down nearly 16% from today’s high.
In fact, recently a Binance Futures listing has resulted in a local top for the meme coin, as evidenced by the price action of CHEEMS and WHY.
It would, therefore, be no surprise if the Chill Guy meme coin saw a pullback in the coming days before resuming its uptrend.
What’s The Best Crypto To Buy Now?
Pepe Unchained (PEPU) has firmly established itself as the hottest presale commodity in the meme coin sector.
The new meme coin continues to add over $2 million to its presale total daily, nearing the $55 million mark, thanks to heavy whale bidding in its ICO.
For instance, a whale swapped $140k worth of ETH for PEPU on Tuesday. Meanwhile, $50k buys in a single transaction are regular occurrences for the meme coin.
Indeed, Pepe Unchained has appealed to whales and retailers alike with its in-demand utilities, whether it is its Layer-2 ecosystem that will soon offer extremely low trading costs and instant transactions, Pepe’s Pump Pad that is being seen as a competitor to Solana’s Pump Fun or its presale staking protocol which is currently offering an APY of 60%.
Some prominent influencers are even calling it the next 100x meme coin.
Meanwhile, CatSlap has also taken the meme coin sector by storm, thanks to the viral “slapping cat” meme.
The SLAP price skyrocketed by 5,750% following its launch. However, it has since corrected by 70% as whales secured their profits and is now poised for the next upside move.
With upcoming Tier-1 exchange listings, token burn and a slap-to-earn game, CatSlap is set for a bullish reversal to new all-time highs. There is also speculation of a Binance listing.
Prominent experts like Michael Wrubel are still eyeing 50x returns from SLAP, while others are calling it one of the best cryptos to buy now.
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Source: https://cryptodaily.co.uk/2024/11/binance-lists-chill-guy-meme-coin-is-chillguy-the-best-crypto-to-buy-now