Chillhouse, the Solana meme coin launched in April to mock Housecoin and Chillguy, has surpassed Housecoin in market cap, aiming for Chillguy (DEX Screener).
Chillhouse surpasses Housecoin
#Chillhouse combining Chillguy (viral TikTok) and Housecoin (promising to tackle the real estate market), surged 168% from Monday to Thursday last week, reaching a market cap of 26 million USD, surpassing Housecoin (19 million USD). Afterwards, Chillhouse dropped 33% to 17.3 million USD, while Housecoin remained stable at 19 million USD. Housecoin once peaked at 120 million USD (May 2025) thanks to influencers, positioning itself as a “crisis hedge against real estate.”
The event created a wave of humorous tokens like Farthouse (4.28 million USD) and Chillgull (1.13 million USD). Chillhouse now aims to surpass Chillguy (44 million USD), which has seen a 94% drop from its peak of 775 million USD (11/2024) after legal disputes with artist Phillip Banks. The Chillhouse community has also circulated memes linking Chillguy to the 9/11 event to drive prices.
Market Context
The crypto market, with a market cap of 3.2 trillion USD (CoinGecko), has witnessed a meme coin boom in Solana ($145) thanks to the Pump.fun platform. However, the weakening real estate market (record low sales in the US, European house prices up 48% from 2015-2023, according to the National Association of Realtors, European Parliament) fosters a sense of 'financial despair' among the youth, leading them to meme coins like Housecoin and Chillhouse. Institutional capital flow into crypto reached 15.1 billion USD (CoinShares), but meme coins lack intrinsic value, fluctuating based on culture and news.
Impact on the crypto market
Increased speculation on meme coins: Chillhouse and tokens like Farthouse highlight the absurdity of crypto investing, attracting youth but with high risks.
Solana Competition: Meme coin strengthens Solana's ecosystem, competing with Ethereum in DeFi (TVL 46 billion USD, DefiLlama).
Legal risks: Controversial #MEME like Chillhouse (related to 9/11) may be scrutinized by the SEC, affecting trust.
Risk warning: Crypto investments carry high risks due to significant price volatility.