CHILLGUY Meme Coin Drops 14% Amid Plagiarism Allegations

Web customers declare the CHILLGUY meme coin is plagiarized from Thailand’s booklet character RELAXBOY, inflicting its value to tank by 14%.

Doge-themed meme coin CHILLGUY tanked by round 14% inside a day following claims of plagiarism. After weeks of being among the many high mentioned meme cash within the crypto business, CHILLGUY is going through accusations of copying Thailand’s RELAXBOY character.

CHILLGUY Meme Coin Beneath Scrutiny: Potential Plagiarism from Thailand

“Only a Chill Man” meme coin has been controversial for a while. In October 2023, the coin gained consideration on social media, with Philip Banks claiming to be its creator. Banks rejected utilizing his art work for model promotions, issuing authorized threats on X. Not too long ago, a Reddit submit revealed new particulars and accusations of plagiarism, additional fueling the controversy surrounding CHILLGUY.

The “Only a Chill Man” meme coin drama is heating up! 🔥

Creator Philip Banks isn’t chill about his art work getting used, dropping authorized threats that tanked $CHILLGUY.

Now, a Reddit submit sparks a plagiarism twist—what’s subsequent for this meme coin mess? 🤔💥 pic.twitter.com/9Pg78FYlSi

— Professor Crypto (@profcryptotalks) December 26, 2024

A Reddit consumer not too long ago shared a picture of a booklet that raises issues about potential plagiarism involving the CHILLGUY meme coin. The booklet, as an alternative of that includes CHILLGUY, incorporates a character referred to as RELAX BOY, whose face has been swapped with the canine used within the CHILLGUY meme.

Nonetheless, the publication timeline stays unclear, with some customers claiming it’s being six or eight years outdated. Moreover, the absence of documentation and the rising utilization of AI expertise doubt its authenticity. Some buyers suppose it could be an effort to create hype round CHILLGUY to boost its efficiency.

CHILLGUY Market Capitalization Declined to $179.18M

In the present day, CHILLGUY’s value has decreased by 4%, buying and selling at $0.1792, because the ‘Simply A Chill Man’ controversy unfolds. Because of this, its market capitalization dropped to $179.18M.

Nonetheless, CHILLGUY surged 6% in buying and selling quantity, reflecting elevated investor interplay. The controversy surrounding the token has undoubtedly contributed to robust promoting stress, inflicting a decline.

What Would possibly Be The Subsequent High Trending Crypto?

Buyers on the lookout for extra dependable meme cash may think about the blockbuster presale Wall Street Pepe. Getting Wall Road Pepe at presale costs permits you to purchase them at a fraction of their future market worth. This would possibly place you for substantial returns as soon as the token is listed on standard exchanges.

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