Less than 24 hours following Open AI’s release of its 4o image generation tool, the hashtag #GhibiAI has raked in millions of views and engagements on social media platforms like X and IG.
Crypto Traders have also decided to turn the trend into a gold mine. A Solana based memecoin called Ghiblification ($Ghibli) has entered the market.
It is currently trading at $0.02083 with its market value rising and surpassing 24 million dollars following a 10, 824% increase as at the time of this publication.
The name Ghibli is said to have originated from the traditional art style of Studio Ghibli, known for its anime films Spirited Away and My Neighbour Totoro, which Open AI’s recently launched image generation on ChatGPT-4o takes a copy from.
Sam Altman, OpenAI’s CEO and Elon Musk, billionaire entrepreneur, are said to have contributed to the trend on social media by posting pictures of themselves generated by the model. Yet neither of them have publicly mentioned any Ghibli-themed memecoin.
Following Open AI’s recent release, at least 20 other Ghibli-related memecoins have been created. Crypto traders say it is a potential sign of life for the memecoin market, which dropped by 57% in value since 8th December, 2024, days after Bitcoin first hit $100,000.
The question of whether this is a good investment or not is answered by advising traders and investors to do their own research (DYOR). As investing in memecoins tied to daily trends comes with significant risk.
