Popular Memecoin Creator's X Account Hacked, Price Dropped 98 Percent!

Recently, the very popular Solana-based memecoin ChillGuy (CHILLGUY) experienced a hacking shock.

According to this, the X account of CHILLGUY creator Philip Banks was hacked and used to spread misinformation and a pump and dump scheme.

Philip Bank, the creator of CHILLGUY, confirmed this on his Instagram account and emphasized that the published posts and offensive statements were not made by him.

Following this incident, the CHILLGUY price has seen a major drop. CHILLGUY, which has dropped 98% in the last 24 hours, is currently trading at $0.00000739 at the time of writing.

As you may recall, Phillip Banks, the creator of “Chill Guy,” recently said that he has copyrighted the memecoin character and plans to issue a takedown notice for any for-profit use.

While the copyright debate continues, El Salvador President Nayib Bukele, a Bitcoin (BTC) supporter, shared a picture on the meme concept called CHILLGUY from his X account.

*This is not investment advice.