Breaking
December 26, 2024

Chillguy (CHILLGUY) price slides amid speculations the meme may be plagiarized Hristina Vasileva | usagoldmines.com

Chillguy (CHILLGUY), one of the most active memes in the past few days, started sliding after evidence its main image was plagiarized. CHILLGUY slid from $0.19 to $0.17 after the news, extending its slide from mid-December. 

Chillguy extended its losses, sliding from $0.19 to $0.17 within minutes. The price action followed a series of social media posts showing evidence that the main image of the meme was plagiarized from a booklet distributed in Thailand. 

The original image was posted on Reddit, pointing to a single image of the booklet page. The lack of other images or additional information raised doubts about the authenticity of the evidence. Additionally, the versions of the pamphlet are conflicted. 

Some claim the published image is from Thailand and was printed eight years ago, while others point to a publication in Vietnam six years ago. Overall, the controversy is creating additional social media hype around the token, where some hype up the plagiarism, while others believe the entire story is to create more FUD around the token.

Previously, Chillguy was considered the original creation of cartoonist Phillip Banks. Banks himself was touchy about using the image, even intending legal action to protect his creation. Despite this, the image was widely used on TikTok and became the avatar of a whole collection of meme tokens.

Up to 30 versions of CHILLGUY or similar tickers exist, spreading on Ethereum, Solana, and Base. The main version was the one affected by the discovery of what social media considers plagiarism. 

Is CHILLGUY still the original?  

Some doubted the evidence of actual plagiarism, where claims were made that the character was taken from a Vietnamese leaflet created six years ago. Skeptics did not see additional evidence and suggested the image may be AI-generated or manipulated in some way. 

Phillip Banks has posted an Instagram image suggesting the suspicions are unfounded and the plagiarism is based on a faked image. Banks has not communicated through X to explicitly refute the claims and rarely pays attention to the meme community.

The story was appealing enough that some of the large influencer accounts repeated the message of suspected plagiarism. Others found evidence that Banks denied all claims, while the image raised red flags of being AI-generated

Others noted that the booklet is not actually years old, and may be printed after the creation of Chillguy. In fact, when showing the reverse image search, Google indexes the age of subreddits, and not the image itself, which may be more recently printed. 

CHILLGUY controversy produces new meme token

According to the original claims of plagiarism, the booklet called the character ‘Relax Boy’. This is just the name that the meme market needed, immediately launching RELAXBOY on Solana. The token graduated to Raydium and is already in price discovery mode. 

RELAXBOY was created based on the plagiarism claims, going through a boom and crash just hours after creation.
RELAXBOY was created based on the plagiarism claims, going through a boom and crash just hours after creation. | Source: DexScreener

RELAXBOY is just hours old and has already gone through a 700X rally, followed by a 67% crash. The new asset still has just $232K in locked liquidity, though the token is creating a social media movement. Just hours after the token’s launch, CHILLGUY whales bought in. For traders, the actual verification of the image is less important. 

The spreading of images and rumors on TikTok shows the short video social app may also play a big role in the meme token market. 

If RELAXBOY was not enough, the market also produced Just a Chill Dog (CHILLDOG), playing on the remixed illustration hype. The new asset is just as risky as RELAXBOY, though both tokens have seen intentions of creating social media movements and rising to a higher valuation.

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Vitalik Buterin’s 10 million THB donation leads 70% MOODENG surge Sneha Murali | usagoldmines.com
Blockchain realities threaten Trump’s “Made in USA” Bitcoin promise Jai Hamid | usagoldmines.com
Beverly Hills man faces 6 counts of crypto scams involving over $22 million Enacy Mapakame | usagold...
Ethereum Price Setting For a Big Move – Breakout Or Downturn? Sebastian Villafuerte | usagoldmines.c...
$MIRA Memecoin Raises $80M for 4-Year-Old’s Brain Tumor Treatment Nidhi Kolhapur | usagoldmines.com
XRP Set to Outperform ALL Crypto Tokens, Claims Top Analyst Mustafa Mulla | usagoldmines.com
Michael Saylor Predicts Bitcoin to Hit $13 Million by 2045 – Here’s Why Debashree Patra | usagoldmin...
Ripple’s Upcoming 1 Billion XRP Unlock: Will It Impact the Price? Nidhi Kolhapur | usagoldmines.com
Survey finds most investors believe Trump will be good for markets and economy Jai Hamid | usagoldmi...
Crypto 2024 milestones – The industry got everything it wanted Florence Muchai | usagoldmines.com
NYSE-Listed KULR Tech Acquires $21M in Bitcoin Tanzeel Akhtar | usagoldmines.com
Whales Scoop Up 270M DOGE as Prices Drop – Is DOGE About to Hit $10?  Arslan Butt | usagoldmines.com
Bloomberg says Tether will collapse due to association with president Trump Jai Hamid | usagoldmines...
$PENGU Airdrop: Sellers Exit, Holders Remain Bullish Lawrence Mike Woriji | usagoldmines.com
Threat actor uses fake investment offers to gain access to wallets, steals $1.2M Hristina Vasileva |...
India’s economy is tumbling, and it might take whole world down with it Jai Hamid | usagoldmines.com
Virtuals ecosystem AI agents abandon Solana for DEX trading on Base network Hristina Vasileva | usag...
Crypto Community Rallies for 4-Year-Old Mira, Pushing Solana Meme Coin to $80M in Hours Ruholamin Ha...
The SEC after Gary Gensler: What’s next for economic and crypto policies in 2025? Florence Muchai | ...
Bulls Falter As PEPE Slide To $0.00001748: Key Support In Focus Godspower Owie | usagoldmines.com
DeFi TVL drops 16% but stablecoin market stays firm Andjela Radmilac | usagoldmines.com
Israel to Launch Six Bitcoin Mutual Funds on Dec. 31 Victor | usagoldmines.com
North Korea faces South Korean sanctions targeting crypto hackers and IT operatives Sneha Murali | u...
Ethereum Total Value Locked Reaches Highest Level Since 2022 After Crossing $90 Billion, Will Price ...
How Donald Trump’s Political Shift Unleashed a $1 Trillion Crypto Boom? Qadir AK | usagoldmines.com
Bitcoin Advocate Michael Saylor Says He Was Wrong About Ethereum, Here’s Why Mustafa Mulla | usagold...
Turkey Imposes Stricter Crypto Regulations Starting 2025 Victor | usagoldmines.com
Agridex Paves the Way for On-Chain Coffee Trades Victor | usagoldmines.com
Crypto whales rampantly exchange their coins to buy PENGU Florence Muchai | usagoldmines.com
China’s economic outlooks looks very confusing heading into 2025 Jai Hamid | usagoldmines.com
Trader makes $29M from $8.6K $GAME and $CONVO investments Florence Muchai | usagoldmines.com
Vitalik Buterin Donates to Thai Wildlife Charity on Behalf of ETH Community Tanzeel Akhtar | usagold...
Floki Plans to Launch FLOKI Token ETP on Switzerland’s SIX Exchange in Early 2025 Ruholamin Haqshana...
Buying Lightchain AI (LCAI) Now Is Like Getting in on XRP at $0.006 in 2017 Cryptopolitan Media | us...
Japan holds back as Thailand charges ahead in Bitcoin adoption Oluwapelumi Adejumo | usagoldmines.co...
Russia Bans Bitcoin Mining in 10 Regions for 6 Years Victor | usagoldmines.com
AI phones may keep US chip sector afloat as data center growth slows Jai Hamid | usagoldmines.com
Which predictions were fulfilled in 2024: Bitcoin (BTC) rallied as expected, the NFT market did not ...
Bitcoin’s supply in profit drops to 88% Andjela Radmilac | usagoldmines.com
Crypto.com Launches Custody Trust for U.S. and Canada Victor | usagoldmines.com
Elon Musk says his D.O.G.E wouldn’t destroy US job market: “There is infinite potential” Jai Hamid |...
DMM Bitcoin leak causes panic, Japan Virtual and Crypto assets Exchange Association to join FSA roun...
Crypto, humanity, and science: DeFi community comes together to fund Hankinson Lab rare disease rese...
XRP Funds Record Weekly Inflows as Institutional Investors Dump SOL Aliyu Pokima | usagoldmines.com
Bitstamp Says Ripple’s XRP is Going to Make History In 2025 — Here’s Why Newton Gitonga | usagoldmin...
Japan Cautious on National Bitcoin Reserve, Citing Volatility and Foreign Exchange Rules Jai Pratap ...
US Election Benefitted Crypto Leaders With Billions in Additional Wealth: Report Sujha Sundararajan ...
SBI VC Trade Acquires Assets of Hacked DMM Bitcoin Exchange, Customer Accounts to Open by March Ruho...
Thailand Mulls Bitcoin Pilot Project, Binance to Endorse Sujha Sundararajan | usagoldmines.com
Animoca Brands Co-Founder Yat Siu’s X Account Hacked to Promote Fake Token Ruholamin Haqshanas | usa...
South Korea Sanctions North Korean Individuals and Entity Over Crypto Heists Ruholamin Haqshanas | u...
Bitcoin Price Holds Steady Near $98,000 as Russia Embraces BTC for Trade and MicroStrategy Expands H...
Ripple CEO And Crypto Moguls Enjoy Billions in Wealth Growth After Trump’s Election Anjali Belgaumk...
Ripple Joins SBI VC Trade to Secure DMM Bitcoin Users Post-Hack Debashree Patra | usagoldmines.com
Crypto Scam Alert: Pudgy Penguins NFT Users Targeted by Google Ad Network Phishing Elena R | usagold...
Stocks and crypto see gains. Has the Santa Rally begun? Jai Hamid | usagoldmines.com
Tron’s Justin Sun Goes Mega Bullish on ETH, Denies Selloff Rumours Aliyu Pokima | usagoldmines.com
Can Ethereum Reclaim $4,000? Key Indicators Point Upwards Aliyu Pokima | usagoldmines.com
Crypto News | Russian Firms Embrace Bitcoin for Global Trade Amid Western Sanctions Chayanika Deka ...
Crypto News | Here’s What Needs to Change for Bitcoin to Reach $110K: Santiment Jordan Lyanchev | u...
Crypto Price Today (Dec 26th, 2024): Bitcoin Price Stays Firm at $98k | BGB Leads Gainers! Shrishesh...
Crypto Community Raises $18M for Life-Saving Research Anjali Belgaumkar | usagoldmines.com
Grayscale XRP Trust Ends 2024 With 300% 300% as 2024, XRP ETF Coming Soon! Mustafa Mulla | usagoldmi...
Animoca Brands Co-Founder Yat Siu’s X Account Hacked in Crypto Scam – Users Warned Qadir AK | usagol...
Israel Joins the Bitcoin Boom with Six Mutual Funds: What’s Next? Qadir AK | usagoldmines.com
Japan Rejects Bitcoin Reserves as Global Discussions Heat Up Debashree Patra | usagoldmines.com
XRP Price Prediction For December 26 Anjali Belgaumkar | usagoldmines.com
Bitcoin rises after MicroStrategy announces plan to sell more shares Noor Bazmi | usagoldmines.com
Japan government cautions against Bitcoin as National Reserve, citing volatility and security concer...
Animoca Brands CEO’s X account hacked – Is a scam token or NFT launch in the works? Nellius Irene | ...
Cardano (ADA) Struggles to Hold Ground: Another Drop Incoming? Aayush Jindal | usagoldmines.com
Crypto News | Matador Technologies Adds Bitcoin to Treasury Amid Diversification Push Chayanika Dek...
XRP Price Momentum Stalls: Bulls Fails to Break Through Aayush Jindal | usagoldmines.com
Can Solana (SOL) Price Cross $1100 in Q1 2025? This $0.003 Token Will Soar Past $10 Faster Cryptopol...
Bitcoin Price Targets Key Breakout: Bulls Eye Upside Momentum Aayush Jindal | usagoldmines.com
Ethereum Price Gears Up: Will Bulls Trigger a New Rally? Aayush Jindal | usagoldmines.com
Dogecoin Price Rallies to $0.33 – Will the Triangle Pattern Spark a Rally?  Michael Davis | usagoldm...
Crypto News | Montenegro court rejects Do Kwon’s extradition appeal Gino Matos | usagoldmines.com
Fake AI images of Putin’s Dream make a photojournalist lose his fans Randa Moses | usagoldmines.com
Crypto News | Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptan...
Crypto News | Sonic Labs launches FTM to S token swaps via Gateway Gino Matos | usagoldmines.com
Top 10 Altcoins Under $1 to Invest in 2025 Chandan Gupta | usagoldmines.com
Crypto News | Bitcoin accumulator addresses acquire 225k BTC in December amid significant sell press...
Crypto OTC trading volumes rise after US election Randa Moses | usagoldmines.com
PENGU Meme Coin Surges 28% as Pudgy Penguins Creator Takes Shots at Dogecoin – Can it Overtake DOGE?...
Solana Price Set to Explode Once It Breaks Above This Key Level Cryptonews | usagoldmines.com
Possible Deep Correction Could Push Cardano Price To $0.43, Here’s How Scott Matherson | usagoldmine...
Crypto News | Binance Backs Bitcoin Payment Pilot Proposal in Thailand Martin Young | usagoldmines....
Crypto News | CryptoQuant CEO says US could feasibly cut debt by embracing strategic Bitcoin reserve...
Citi analysts predict make or break factors for crypto in 2025 Noor Bazmi | usagoldmines.com
Bitcoin ends the year with gains, but mining stocks are deeply in the red Hristina Vasileva | usagol...
Israel approves six Bitcoin mutual funds, launching December 31 Jai Hamid | usagoldmines.com
Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister Hassan Shittu | usagoldmines.c...
Affordable Cryptocurrencies with High Growth Potential Transform Small Investments into Fortunes Cry...
Crypto News | Bitcoin Price Predictions for 2024 From Crypto Big Names, Hit or Miss? Mandy Williams...
Crypto News | Could Solana Hit $300 in 2025 as SOL Layer 2 Project Solaxy Raises $5M? Felix Mollen ...
Crypto News | Major Declines in BTC Mining Stocks Despite Bitcoin’s 128% YoY Rally Wayne Jones | us...
Crypto News | Fartcoin Price Continues to Soar Towards $2, Could Wall Street Pepe and Meme Index Ex...
Crypto News | Bitfinex: AI Agents Using Smart Contracts Will Revolutionize Crypto W. E. Messamore |...
Crypto News | Russian firms turn to Bitcoin, stablecoins for global trade amid sanctions Oluwapelumi...

Leave a Reply