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Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

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Source: Coin Telegraph

Some community members advised the artist to just try to get rich from the situation and retire. 

The creator of the art used in the viral “Just a chill guy” meme threatened to take legal action against memecoins that use the image. 

On Nov. 15, the Just a chill guy (CHILLGUY) token was launched on the Solana network. The token became popular, reaching a market capitalization of $580 million at one point. The memecoin trades at $0.40, with a market cap of $400 million, at the time of writing.

Chill guy memecoin chart. Source: GeckoTerminal

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Author: Ezra Reguerra