Chill Guy breaks the trend line again. New ATH?
Chill Guy ($CHILLGUY), Solana’s meme token, has again broken an ascending trend line with a market capitalization of $63.2 million prior to breaking above $100 million as of May 12, 2025. That is a gain of 58% on the recent trend line break and a gain of 190% on its previous breakout on April 29, 2025 when it rose by 31% in a span of 24 hours upon breaking a bearish channel.
Our last report on Apr. 29 mentioned the breakout of $CHILLGUY out of a three-month downward trend when the token was at $0.03837 on a volume of $3.842 million in the last 24 hours. The price was down 94.7% from its ATH of $0.7250 at the time, a market cap of $793 million. The breakout indicated the market was back in the token as it was eyeing a solid resistance level of $0.04050, a historical high towards the start of 2025.
$CHILLGUY has continued the upward trend since then. A recent breakout above the ascending trend line at a $63.2 million market capitalization has propelled the token above $100 million, reflecting massive investor interest. The 24-hour volume of $9 million is current and reflective of the market activity. In spite of the rise, $CHILLGUY is still far off from its ATH of $793 million and has left space for possible increases. The token follows the broader meme coin market as others like $MOODENG and $PNUT also posted huge gains. $MOODENG rose by 285% to a market capitalization of $137.9 million and $PNUT rose by 100% to $297 million in the past three days, as before. Market-wide appeal like this in the meme coin arena authenticates the ability to expect additional upside in $CHILLGUY as it stays in the Solana ecosystem’s spotlight because of its chill brand.
$CHILLGUY has a total estimated supply of 1 billion tokens, a standard amount of Solana-based meme coins, and a price action that becomes easier to predict because of it. The token’s recent 58% increase following the breakout of the trend line and its increase of 190% since the last breakout shows its enduring popularity. While other similarly positioned meme coins are still on a rally mode, the trajectory of $CHILLGUY shows it has the possibility of touching its previous highs and is a token to watch out for now.
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