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The Just A Chill Guy price surged 34% in the last 24 hours to trade at $0.6052 as of 3.50 a.m. EST on trading volume that went up 27% to $247.57 million.
The newly launched meme coin skyrocketed even higher on a weekly basis, going up by around 204% compared to its price on November 20, when it was only $0.2.
Just A Chill Guy blew up extremely quickly, both as a meme and a meme coin, and one of the possible reasons for the surge was rumors that the token might soon get listed on Binance.
Being the world’s largest exchange by trading volume, Binance could expose the project to countless buyers, which would cause its demand to skyrocket and its price to follow soon after.
The rumors emerged a few days ago, when crypto users noticed that a wallet linked to Binance made two purchases of a combined $492k of CHILLGUY.
A wallet linked to Binance just made 2 purchases of a combined $491,000 of $chillguy Probably nothing…. #chillguy #Binance pic.twitter.com/fG4jKCOcWk
— solami goodman 🧲 (@Andy06529862865) November 24, 2024
The move sparked massive speculation, but while the project reached multiple markets before and after that — including Raydium, Bybit, Orca, Gate.io, MEXC, BitMart, and many more — the long-awaited Binance listing has not yet arrived.
Just A Chill Guy Price Prediction
CHILLGUY’s price surged over the past few days, albeit not without resistance. The token encountered a strong barrier at around $0.55, but it managed to break through several hours ago.
However, its Bollinger bands have narrowed since, and its price, which previously pushed the upper band up, has now started fluctuating between the upper band and the middle point between the two bands.
This suggests that the traders believe the project has reached a limit of sorts, and right now, it will have to prove that the new support at $0.60 can prevent it from dropping back down.
In the meantime, the project’s Relative Strenght Index (RSI) value shows that the buying pressure has skyrocketed in the last 24 hours, and when the price broke the $0.60 mark, the RSI ventured deep into the overbought zone.
This caused a sell-off which pushed the RSI back down to the neutral zone over the last few hours. However, the support at $0.60 is still holding, which might mean that the RSI will not keep going down beyond the value of 50. Instead, this might be when the traders start moving back in, and pushing the price back up again.
Judging by CHILLGUY’s recent performance, the token now has a resistance at $0.65 to deal with, and this level rejected its price two times so far, while the support at $0.60 has been preventing it from spiraling down.
It is possible that CHILLGUY might stay between these two levels for a time, unless if the market gets struck by another strong bullish or bearish wave. If so, it might mirror Bitcoin’s delicate balance in the lower $93k range.
Promising Alternative To Just A Chill Guy
Given the fact that CHILLGUY could still see a drop if the bearish wave continues, traders might be interested in considering an alternative such as Crypto All-Stars (STARS).
This is a new high-potential meme coin that is currently still in presale and that has blasted past $6.2 million in funds raised.
Crypto All-Stars’ ICO emerged a few months ago, introducing a unique new staking platform called MemeVault as its flagship product. The platform stands out by being the first-ever staking smart contract that allows you to stake more than one cryptocurrency on the same platform.
Dogecoin, Shiba Inu, Floki, Pepe, Mog Coin, Brett, Milady, Turbo, Toshi, Bonk, and Coq Inu can be staked on the platform from launch, and the team plans to add more options in the months ahead.
All that is required is to join its ICO, buy some STARS, and you can stake your meme coin portfolio, all in one place. And STARS tokens themselves can be staked for a huge 314% annual return.
👾Hold onto your hats All-Stars!👾
We just flew past the 6M mark! It looks like the sky is going to be filled with $STARS pretty soon!
Grab your share here: https://t.co/8IZTKBdAp2 pic.twitter.com/9Bdm4z8jb7
— Crypto All-Stars (@all_stars_coin) November 26, 2024
This might completely revolutionize staking in the meme coin sector, allowing you to do it all in one place instead of staking each token in a different smart contract.
ClayBro, a popular crypto YouTuber with over 132k subscribers, even speculated that this could be the next top meme coin, giving it at least 10x potential.
The project’s presale now has less than 23 days left, with STARS tokens selling for $0.0016254 apiece.
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