Just A Chill Guy Price Eyes ATH As CHILLGUY Lands Licensing Deal With Creator Philip Banks, And Traders Pivot To This Red Hot P2E Meme Coin

The Simply A Chill Man value has slumped 19% within the final 24 hours to commerce at $0.3061 as of three:35 a.m. EST on a 226% pump in buying and selling quantity to $336 million.

This downturn comes regardless of CHILLGUY reaching speedy development shortly after its launch. The challenge confronted controversy when the character’s creator, Philip Banks, objected to the unauthorized use of his artwork.

The Artist for the CHILLGUY meme simply disclosed that he has supplied licensing and IP rights for the $CHILLGUY token🔥🤯

He additionally opened a #Solana pockets and had folks donate to him.

Bullish for $CHILLGUY!!🔥🔥🚀🚀 pic.twitter.com/lpMKxpTVJe

— Future Tendencies (@futuretrendsedu) December 13, 2024

Nonetheless, Banks not too long ago introduced on Instagram that the problem has been resolved. The CHILLGUY staff reached out to him, and after in depth discussions, they finalized a licensing and IP rights settlement.

This decision addresses the issues concerning the coin’s sustainability. Whereas Banks initially shared updates on X, he switched to Instagram after his X account was hacked.

Simply A Chill Man Value Alerts A Rebound Forward

CHILLGUY/USD is at the moment buying and selling at $0.3025, sitting simply above the vital help stage at $0.30, a zone that has repeatedly held throughout current value actions. This help stage has grow to be a powerful basis for the value, reflecting purchaser curiosity at this vary. A sustained maintain above this stage may gasoline bullish momentum, whereas a breach would seemingly result in a sharper decline, with the subsequent important help resting round $0.25.

On the upside, speedy resistance lies at $0.35, aligned with the 50-day shifting common (SMA), performing as a short-term barrier. Past that, the 200-day SMA at $0.39 presents a extra formidable resistance stage. Breaking above these zones may sign the beginning of a powerful upward transfer, focusing on greater ranges round $0.45 and past.

CHILLGUYUSD Evaluation Supply: Dextools.io

The MACD (Shifting Common Convergence Divergence) stays within the detrimental territory, with the MACD line under the sign line, indicating prevailing bearish momentum. Nonetheless, the narrowing hole between the MACD and sign traces means that bearish strain could also be waning, elevating the potential for a bullish crossover within the close to time period. Such a growth may spark renewed shopping for curiosity and drive the value greater.

In the meantime, the RSI (Relative Energy Index), at the moment at 35.18, is inching nearer to the oversold area. This means weakening promoting strain, which can pave the best way for a possible value reversal as merchants begin to search for shopping for alternatives.

In a bullish state of affairs, if the value holds above $0.30, it may rally towards the $0.35 resistance stage, the place the 50-MA is positioned. A profitable breakout above $0.35 may goal the $0.39 resistance zone, bolstered by the 200-MA. A decisive transfer previous $0.39 would seemingly verify a shift in market sentiment, opening the door for additional positive factors towards $0.45 and probably past.

On the flip facet, if the $0.30 help stage fails to carry, sellers may acquire management, driving the value right down to $0.25, a stage that may function the subsequent line of protection.

Given the blended alerts from the technical indicators and the significance of the $0.30 help stage, merchants ought to intently monitor value motion and quantity on this vary. A rebound from present ranges may present entry level for consumers, whereas a breakdown under $0.30 would favor short-sellers focusing on lower cost ranges. The end result at these key ranges will seemingly decide the short-term route of CHILLGUY/USD..

Catslap Unveils Huge Airdrop Marketing campaign

in the meantime, as Simply A Chill Man value gears for one more huge surge, Catslap (SLAP) continues to make waves within the crypto world, particularly after famend analyst ClayBro, with over 131K subscribers, predicted it may surge by 50X.

This newly launched meme coin introduces a enjoyable and interesting Slap-2-Earn function that has already logged an astonishing 737 million slaps on the worldwide Slapometer. This interactive mechanism has fueled speedy group development, with 18,959 holders now proudly owning SLAP tokens.

Including to its attraction, Catslap has achieved “Sizzling Token” standing on Finest Pockets, a preferred crypto pockets with over 60,000 customers, considerably enhancing its visibility and momentum. The challenge can be gearing up for the Zealy Group Slapdrop Marketing campaign, which mixes social and group challenges with Slap-to-Earn mechanics.

Individuals can earn XP to climb the leaderboard and unlock rewards, together with $10,000 to $100,000 for the highest 10. Energetic customers will even obtain $SLAP tokens by means of an airdrop, growing rewards primarily based on leaderboard rank. The more durable you slap and the extra duties you full, the larger the rewards!

We be cooking. Staking now stay, all web site buys shall be staked for 7 days at 40% APY. Early unlock by burning 🔥🔥 pic.twitter.com/ZIUK9pd3sZ

— Catslap (@CatSlapToken) November 21, 2024

SLAP holders can even earn passively by means of the challenge’s staking program, providing a sexy 40% annual proportion yield (APY).

In the meantime, the coin has seen outstanding development since its itemizing on MEXC final week. Its value rose 10% within the final 24 hours and an unbelievable 4,800% since launch, and it’s now buying and selling at $0.00548159, in response to CoinGecko.

Pleasure continues to construct because the developer has teased a significant announcement in six days, with hypothesis pointing to a possible Coinbase itemizing.

SLAP tokens can be found for buy on the challenge’s official web site for these trying to get entangled.

BUY SLAP tokens right here.

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