- GHIBLI’s market cap increased by 44.4% after exchange listings and celebrity buzz.
- AI-generated Studio Ghibli art helped drive the meme coin’s popularity worldwide.
- GHIBLI’s volatility surged with rapid price movements, attracting speculative investors.
The GHIBLI meme coin has surged 44.4% in just one day, reaching a market capitalization of $27.5 million. This increase follows the token’s rapid listing on major exchanges, including Gate.io, BingX, and AscendEX, only two days after its launch. The surge is largely attributed to the viral Studio Ghibli-inspired AI art movement, boosted by OpenAI’s ChatGPT-4o model, which allows users to generate art in Studio Ghibli’s distinctive style. The trend quickly spread across social media, amplified by endorsements from celebrities like Michael Saylor and Elon Musk, further fueling GHIBLI’s popularity.
The Impact of Exchange Listings and Celebrity Endorsements
In its early stages, GHIBLI gained rapid exposure through listings on top exchanges like Gate.io, BingX, and AscendEX. This broadened the token’s reach and accessibility. The involvement of high-profile figures, such as Elon Musk and Michael Saylor, who shared their Ghibli-inspired AI artwork on social media, helped propel GHIBLI into the spotlight. These endorsements played a role in attracting both meme coin enthusiasts and the Studio Ghibli fanbase.
Consequently, GHIBLI’s market capitalization peaked at $28.3 million before retracting to $18 million, highlighting the coin’s volatile nature, according to CoinMarketCap. Despite these fluctuations, GHIBLI’s appeal remains strong in the meme coin market.
AI Art and Meme Coin Volatility
GHIBLI’s viral success is intrinsically linked to the trending AI-generated Studio Ghibli art, powered by OpenAI’s GPT-4o model. This AI innovation allowed users to generate nostalgic, Ghibli-style images, sparking a wave of social media engagement. However, like many meme coins, GHIBLI is highly volatile, with rapid price fluctuations. In the last 24 hours alone, GHIBLI’s price saw a jump to $0.035 before retracting to its current value of $0.02530. With a circulating supply of 999.92 million tokens, GHIBLI is facing both market speculation and substantial interest, further emphasizing its speculative nature.
Broader Impact on the Meme Coin Market
GHIBLI’s rise has set a precedent for other meme coins, with several similar tokens emerging, such as GhibliCZ. These coins have seen similar wild price movements, showing the ripple effect of GHIBLI’s success. Exchanges like CoinEx, AscendEX, and HTX listed GHIBLI between March 27 and 28, contributing to the coin’s momentum.
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OXFUN took a different approach by offering GHIBLI with a five-fold leverage, allowing traders to amplify their positions. As a result, GHIBLI saw a 42% increase, even surpassing Ethereum (ETH) in trading volume on OXFUN. These developments indicate a growing trend in meme coins leveraging the power of viral movements and celebrity endorsements.
