Source: Cointelegraph Original: "{title}"
Inspired by Studio Ghibli's style, the Solana (Solana) meme coin is rapidly gaining popularity, as ChatGPT users have been posting a large number of Studio Ghibli-style images on social media in the past 24 hours.
On March 25, OpenAI launched an image generation feature for the ChatGPT-4o model, which immediately sparked a wave of Ghibli-style images on social media. Studio Ghibli is known for its classic animated films "Spirited Away" and "My Neighbor Totoro."
OpenAI CEO Sam Altman and billionaire entrepreneur Elon Musk also joined the trend, posting personal portraits generated by the model. Musk has over 219 million followers on his social platform X, and his posting history shows that he has frequently influenced the market trends of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE).
Sam Altman posted an AI image inspired by Studio Ghibli when announcing the image generation tool for ChatGPT. Source: Sam Altman
Although neither Musk nor Altman mentioned any Ghibli-themed meme coins, data from DEX Screener shows that the highest market cap Ghibli-themed token, Ghiblification (GHIBLI), has reached a market cap of $20.8 million since its launch 19 hours ago.
As of the time of writing, the trading price of the token is $0.02083, having surged approximately 39,010% since its creation.
The Solana-based meme coin Ghibli has skyrocketed nearly 40,000% since its launch on March 26. Source: DEX Screener
Since then, at least 20 Ghibli-related meme coins have been created. Some crypto traders believe this could be a sign of a revival in the meme coin market, which has declined by 57% since December 8—just days after Bitcoin first hit $100,000.
Crypto trader Sachs stated in a post on X on March 26 that he hopes this meme coin "soars to $100 million to bring some hope to the market."
"Indeed, it is very much needed," Sachs added.
This phenomenon continues the trend of meme coins exploding due to cultural hotspots and popular trends. On November 15, the CHILLGUY token was launched on the Solana blockchain, riding the wave of the viral "Just a chill guy" meme on social media.
The value of CHILLGUY quickly surged, reaching a peak market cap of $643 million on November 27.
However, investing in meme coins related to short-term trends carries significant risks. According to CoinMarketCap data, CHILLGUY is currently down 95% from its November peak.
Related: Traders made $480,000 in profit before the BNB meme coin plummeted 50%, with returns as high as 1,500 times.
This article does not contain investment opinions or advice. Every investment and trading activity involves risks, and readers should conduct their own research before making decisions.
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