Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

DeFi

Altcoins

Explainers

Kujira (KUJI) is a Layer 1 blockchain platform designed to provide tools and DApps that democratize access to DeFi opportunities. 

) is among the key sectors of the crypto industry. Since the beginning of the DeFi revolution in the mid-2010s, millions of people have benefited from novel trading and investment opportunities unveiled by DeFi platforms. However, despite DeFi tools and opportunities approaching a decade on the market, the sector remains inaccessible to vast cohorts of crypto enthusiasts due to its complicated trading models and clumsy user interfaces.

Kujira (KUJI) is a blockchain platform that has set out to change the status quo by democratizing access to DeFi trading. The platform aims to provide user-friendly interfaces, tools and apps that make DeFi more accessible to beginning traders.

Initially launched as an app on the Terra blockchain, Kujira migrated to its own Layer 1 chain in May 2022, right after the Terra network’s collapse. By now, Kujira’s decentralized application (

) ecosystem has grown to offer just about anything that a DeFi user — whether a beginner or a seasoned pro — might ever ask for: token swaps, 

 and even a marketplace for trading liquidated collateral.

 (KUJI) is a Layer 1 blockchain platform designed to provide tools and DApps that democratize access to DeFi opportunities

. Itaims to make decentralized trading, investing, liquidity mining and staking more accessible to wider segments of crypto users by providing beginner-friendly DeFi solutions. In addition, Kujira offers some sophisticated trading opportunities to meet the demands of DeFi veterans.

 is the Japanese word for “whale.” The project’s team explains that the platform’s goal is to help all DeFi traders, including beginners, become true crypto whales — hence the name.

Kujira was founded by three crypto enthusiasts known by their first names and X handles only. Dove (@Deadrightdove) acts as the project’s CEO and public face, Brett (@Cryptoslang1) is responsible for front-end development and Hans (@Codehans1) handles back-end and 

The platform launched its first DApp, ORCA, on the 

 blockchain in November 2021. ORCA acted as a marketplace for liquidated collateral, one of the first projects to venture into this specialized corner of the DeFi world. Following Terra’s collapse in May 2022, Kujira moved to its own Layer 1 blockchain and has since gradually expanded its offering to include a wide variety of DeFi solutions in addition to ORCA.

 SDK, a popular blockchain development framework, and features a high degree of interoperability with the dozens of platforms that comprise the broader Cosmos ecosystem. Similar to many other Cosmos-based chains, Kujira is based on a 

 (PoS) block validation model. Its blockchain also supports stake delegation, which allows ordinary crypto users to delegate their stakes to active block validators and earn a portion of the staking rewards.

Kujira is described as a semi-permissioned network, since new DApps and smart contracts can only be launched on it if they’re approved by the platform’s governance community. Stakers of the chain’s native cryptocurrency, KUJI, can vote to accept or reject the deployment of new projects and even modifications to existing smart contracts.

Kujira's inclusive and thorough governance process is distinct in the blockchain industry. Many other blockchain platforms allow their user communities to participate nominally in governance processes, but the actual decision-making power of the voters is often limited. In many cases, either the matters put up for voting are of low importance, or approved proposals are further channeled to small power groups, such as foundation committees or a set of core validators, for the final decision.

In contrast, Kujira gives its token holders truly democratic representation for even the most critical issues, such as the launch of new DApps and changes to current ones.

Kujira’s network features high throughput and fast block finalization times. On average, a new transaction block on the platform is finalized in about four seconds. Given Kujira's focus on DeFi, swift transaction processing speed is critical. For instance, many DeFi operations rely on fast processing to limit losses arising from 

The Kujira platform offers DeFi users a wide range of easy-to-use products and DApps. Covered below are products that represent Kujira’s core set of DeFi tools.

BLUE is Kujira’s all-in-one dashboard from which you can conveniently carry out common operations, such as voting on governance proposals, KUJI swaps, delegation of staking to your preferred validator, staking reward claims and cross-chain transfers.

FIN is an order book–style decentralized exchange (

) operating on Kujira. It features low transaction fees for token swaps of just 0.075% and 0.15% for makers and takers, respectively. FIN is a relatively low-cost option as compared to most other decentralized trading platforms. For instance, the industry’s most well-known DEX, Uniswap (

), charges 0.3% at its most common fee tier.

 solution linked to the FIN DEX that combines buy and sell order matching via a centralized book, with an effective AMM-style pool-based liquidity provision. BOW allows DeFi users to contribute funds to token pair pools on FIN in order to boost the pairs’ liquidity levels, similar to the concept of liquidity pools on automated market maker (

) exchanges. Liquidity providers earn a share of the transaction fees generated from the chosen pairs’ swap operations.

FINDER is a blockchain explorer tool for the Kujira network. You can use it to view and track transaction activity related to Kujira addresses, validator nodes, blocks and smart contracts. FINDER even allows users to bookmark specific addresses for later monitoring, a helpful feature often absent from many other blockchain explorers.

GHOST is a money market app that allows you to mobilize your crypto assets for short- or long-term lending or borrowing. A versatile money market tool, GHOST is indispensable for any serious DeFi trader. You can use it to lend or borrow funds on Kujira-based protocols like FIN, BOW and others.

Borrowers first need to deposit collateral in order to borrow an asset. They are then charged interest, which varies according to the overall use of borrowed assets. As loans on GHOST are overcollateralized, borrowers can receive their borrowed assets immediately. If borrowers cannot pay back their loans in time, their collateral will be liquidated through ORCA.

Meanwhile, lenders earn variable interest from borrowers in the form of a receipt token, termed xTOKEN, depending upon the type of token they lend. The xTOKEN can also be used to trade on FIN or place bids on liquidations with ORCA.

ORCA, a unique marketplace for trading liquidated collateral, was the first DeFi app launched by Kujira. It can be used to place bids for liquidated collateral and buy it at discounted rates. Users can expect to swoop up funds liquidated across the entire ecosystem of Cosmos blockchains at discounts of up to 30%. You can specify your preferred markets and discount levels when bidding on liquidated funds. ORCA is among the few platforms that allow retail investors to easily bid on liquidated collateral. In fact, Kujira asserts that it’s the first public marketplace in the industry for such bidding.

POD is another innovative DeFi solution. This app allows you to stake your crypto funds on a variety of Cosmos-based chains, and to select a preferred validator and blockchain to delegate your funds across the dozens of Cosmos blockchains with stake delegation functionality.

The POD platform is envisioned to support true decentralization within the Cosmos ecosystem. For every validator, you can view the total number of funds staked, indicating their overall voting power on the respective chain. Their voting power is measured against the ideal amount of voting power in perfect decentralization, termed the equal power threshold.

Validators who have excessive concentration of funds staked with them — something that goes against the ethos of blockchain decentralization — are portrayed with a red bar. Those with a medium amount of funds above the ideal voting power are depicted in yellow, while validators with a lower proportion of funds staked on them are highlighted in blue. 

Using POD, decentralization purists and aficionados can support the ethos of decentralized blockchain functioning while earning staking rewards across the Cosmos network at the same time. Talk about combining profit with purpose!

PILOT is Kujira’s token launchpad platform. It helps token issuers simplify and better control the process of launching new cryptocurrencies. Issuers can specify the preferred pricing range for their new tokens in order to avoid the massive price swings common during launch events. They can also use the dynamic price estimation and monitoring tools to better adjust token pricing.

For investors, the platform allows them to set specific risk levels for their bids. For instance, those open to higher risk in the expectation of higher returns can benefit from investment strategy recommendations relevant to their risk appetite.

, available in beta version for iOS and Android platforms. Envisioned as a payment platform, SONAR can be used to store, transfer and manage native cryptocurrencies on the Kujira blockchain and its DApps.

SONAR’s beta version was launched in 2023. The Kujira team promotes SONAR as a multichain wallet, which implies that the project has future plans to develop cross-chain functionality for it. This will likely begin with the integration with other Cosmos-based platforms.

USK is an overcollateralized stablecoin that’s pegged to the U.S. dollar and widely used within the Kujira ecosystem of DeFi apps. Users can mint USK by providing collateral in several popular crypto assets, such as ATOM (Cosmos chain's native coin), DOT (

) and UNI (Uniswap), as well as a range of lower-cap cryptos.

Kujira's native token, KUJI, is critical to the overall functionality of its platform. KUJI is used to pay all network and transaction fees on both the blockchain and its DApps. The token is also used in staking, as validators need to lock funds in KUJI to process blocks of transactions. Any KUJI holder can also delegate their funds to a validator to earn a share of the staking rewards.

. Earlier, we noted Kujira’s inclusive, community-driven governance process. In order to participate in on-chain voting, you must stake KUJI.

KUJI is a supply-capped crypto with total, maximum and circulating supplies each reported at over 122 million. The token was launched in November 2021, and its supply was released in stages over the following two years as some of it was subject to 

 periods. The last vesting periods for KUJI expired in November 2023.

KUJI recently experienced an exponential price rally in the crypto market. From Oct 22–Dec 22, 2023, the token appreciated by 282% (from $1.15 to $4.39), and has since been trading at over $4. As of Jan 1, 2024, the KUJI token trades at $4.43, which is 20.4% lower than its all-time high of $5.56 on Dec 14, 2023 and an incredible 247,557% above its all-time low of $0.001787 on May 20, 2022.

The long-term outlook for KUJI is bullish, with DigitalCoinPrice forecasting it 

 in 2025 and $33.75 in 2030. Meanwhile, PricePrediction 

You might consider investing in the KUJI token based on the following factors:

 token, with a maximum supply of around 122 million, and all of that amount has already been minted. The vesting periods for the token release all expired by November 2023, which could lead to temporary supply inflation, but in the long term the inflation rate will subside. KUJI’s deflationary properties likely serve as one of the token's key growth drivers, which will support its price into the future.

2. Kujira is a rare platform that brings absolute simplicity and ease of use to the otherwise complicated DeFi trading environment. As more crypto users leverage the platform to get into DeFi, the demand for the KUJI token is poised to increase.

DeFi’s vast potential remains relatively underutilized, due to its complex and nuanced trading models and setups. The amount of technical knowledge required to reliably generate revenue in DeFi often looks overwhelming to many crypto investors. Kujira, a platform that directly tackles this problem, has finally arrived.

The crypto world is already paying attention to Kujira, as evidenced by KUJI’s head-spinning price rally that led to its all-time high of $5.56 on Dec 14, 2023. Thanks to Kujira, more crypto enthusiasts are discovering that trading profitably in DeFi isn’t limited to hardcore industry veterans. In addition, by democratizing access to DeFi, the Kujira network is set to make a monumental contribution to the overall crypto sector. 

Kujira (KUJI): An Inclusive Approach to Crypto Wealth

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards