A Solana-based trader transformed a $160 investment into a staggering $5.6 million by purchasing the CHILL GUY memecoin, inspired by a viral meme. On November 15, the trader acquired 9.6 million CHILL GUY tokens by spending 0.50 SOL (approximately $107) and later bought an additional 2.8 million tokens for about $51. The token, which launched on the same day, saw its market cap soar to $643 million by November 27, with the trading price reaching $0.58. Despite selling 2.8 million tokens early for $35,000, the trader still holds over 9.6 million tokens, now valued at roughly $5.6 million. Meanwhile, the artist behind the meme, PhillipBankss, has expressed intent to take legal action against unauthorized use of his art in creating the token, highlighting the challenges of regulating such decentralized projects as community members note the memecoin's presence on the blockchain persists regardless of the artist's objections.

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