6 days ago, a savvy investor purchased over 33 million Chill Guy memecoins for just 1 SOL, worth approximately $205.1 at the time. The investors’s decision seemed prudent as the token was gaining mild traction in the meme space.
1 $SOl and a dream!
The 33.95M $CHILLGUY this trader bought with 1 $SOL($205) is now worth more than $10M! #CHILLGUY
But he sold all of it early at 1.6 $SOL($349).https://t.co/HOLQLJUjFK pic.twitter.com/2MiU1bni5W
— Lookonchain (@lookonchain) November 21, 2024
The investor quickly booked a profit after a slight market surge, selling all 33 million memecoins for 1.6 SOL ($348). While this yielded an impressive 69% profit in hours, the investor may now regret his decision.
Since then, the Chill Guy memecoin has skyrocketed in value with an astronomical 48,700x increase from the purchase. This means the investor could have turned his 1 SOL investment into $10 million if he had just HODLed it for 6 days.
Elon Musk Pump Retweets Chill Guy Post
It seems like tech mogul, Elon Musk found his new love in the memecoin universe, as Musk retweeted a post about the “CHILL GUY” concept on social media. Although this wasn’t a direct promotion, it helped famous memecoin on X and TikTok to surge over 30% in the last hour.
citations are here in grok!
even YOU can be cited
i’ll cya face in my grok answers ~ pic.twitter.com/OpGu6BsADy
— Greg Yang (@TheGregYang) November 21, 2024
The story of the event began when a mathematician at xAI (Grok), Greg Yang shared a new development in Grok, where people can find citations in the conversion with Grok.
To test, Greg Yang entered the prompt, asking ‘what’s with the chill guys memes today’. In response, Grok shared the comprehensive breakdown of the Chill Guy meme, narrating its journey from its origin to its evolution into a memecoin.
Since the tweet became viral in the crypto community, the Chill Guy meme coin has been pumped by a 30% hike, trading at around $0.36 at the time of publication.
Also Read: El Salvador Prez. Nayib Bukele Posts Just a Chill guy Meme, $CHILLGUY Surges
Source: https://www.cryptonewsz.com/chill-guy-investor-misses-10-million-from-205/