The parents of the Melbourne teenager now known as ‘Eggboy’ said their son has been overwhelmed by the massive response.

William Connolly stole the spotlight on Saturday when he egged Queensland Senator Fraser Anning during a press conference.

The incident was caught on camera, and grabbed the attention of social media users across Australia, and the world.

William Connolly, 17, was arrested by police after the egging incident, but later released without charge. (AAP)

Overnight, a mural in Melbourne’s famous Hosier Lane was painted to honour the 17-year-old, capturing the infamous moment yolk was splattered across Mr Anning’s head.

In Sydney, a street artist has painted a large cracked egg on a wall to commemorate the cult phenomenon.

William has been hailed a national hero online, amassing close to 500,000 followers on Instagram.

A crowd-funding campaign for the teen has raised more than $40,000, with the majority of the money to go to victims of the Christchurch terror attack, a statement on the page reads.

Well-known bands, including the Hilltop Hoods and Violent Soho, have offered the teenager life-time tickets to any of their shows, while US basketball star Ben Simmons has dubbed William an "Australian legend".

Despite his rapid rise to fame, William has remained silent.

His parents told 9News the Year 12 student has been left “shaken” by the incident, and is now at home after a brief hospital check-up.

One person that - not so surprisingly - hasn’t heaped praise on the teen is Mr Anning, who has since defended physically lashing out at William, claiming it was “self-defence”.

Senator Anning was egged by the teen on Saturday. (9news)

“He got a slap across the face, which is what his mother should have given him long ago,” the senator said in Brisbane today.

"When somebody cracks you in the back of your head, you react and defend yourself.

"That for years is what Australians have been doing, luckily they did that in the trenches otherwise we'd be all speaking German now."

He has also refused to apologise for his comments where he linked the New Zealand massacre to immigration, that sparked this ordeal and have drawn criticism across the political spectrum.

An egg mural honouring 'Eggboy' in Sydney. (Nine/Supplied)

Victoria Police continues to investigate the egg incident and considering whether to lay charges against any of those involved.

“Police are looking at the footage, and getting witness statements… there were a number of people who had pretty bad behaviour on Saturday,” Police Minister Lisa Neville told 3AW’s Neil Mitchell this morning.

Prime Minister Scott Morrison says Senator Anning should face the full force of the law over his actions.

Home Affairs Minister Peter Dutton also urged voters to dump Senator Anning for his comments on the Christchurch attack.

The government and Labor will move a censure motion condemning Senator Anning's comments when parliament returns next month.