The Chill Guy memecoin witnessed a catastrophic drop of over 45% within just 30 minutes. This plunge occurred after revelations surfaced regarding the project’s lack of intellectual property rights related to the original Chill Guy meme. Artists behind the creative work have spoken out, emphasizing the significance of protecting digital identities and their rights. As the market reacts to this news, the future of Chill Guy memecoin hangs in the balance. Investors should remain cautious as the situation develops. Protecting intellectual property is crucial in the digital age. The community is eager to see how the Chill Guy team responds to these claims.