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Web customers declare the CHILLGUY meme coin is plagiarized from Thailand’s booklet character RELAXBOY, inflicting its worth 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 prime mentioned meme cash within the crypto trade, CHILLGUY is going through accusations of copying Thailand’s RELAXBOY character.
CHILLGUY Meme Coin Underneath Scrutiny: Doable 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 put up 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 put up 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 a substitute of that includes CHILLGUY, incorporates a character known as RELAX BOY, whose face has been swapped with the canine used within the CHILLGUY meme.
Nevertheless, the publication timeline stays unclear, with some customers claiming it’s being six or eight years outdated.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 know-how doubt its authenticity. Some traders assume it might be an effort to create hype round CHILLGUY to boost its efficiency.
CHILLGUY Market Capitalization Declined to $179.18M
At this time, CHILLGUY’s worth has decreased by 4%, buying and selling at $0.1792, because the ‘Simply A Chill Man’ controversy unfolds. Consequently, its market capitalization dropped to $179.18M.
Nevertheless, 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 might contemplate the blockbuster presale Wall Avenue Pepe. Getting Wall Avenue Pepe at presale costs lets you 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 fashionable exchanges.
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