Ghibli-themed meme tokens are now on the popularity explosion ride, with the majority of the credit going to a newly released feature of ChatGPT-4o.
It allows a person to convert an image into an anime-style Ghibli drawing. Notably, one particular specific Ghibli Token on the Solana blockchain hit the market capitalization at $23 million, and this was an upsurge hike of a massive 52.54% in just one hour.
Ghibli’s Global Popularity
Ghibli anime film production company, founded by Hayao Miyazaki, Isao Takahata, and Toshio Suzuki in 1985, is renowned for evergreen movies such as Spirited Away, My Neighbour Totoro, and Princess Mononoke.
Studio Ghibli boasts a global fan following that has been instrumental in fuelling the recent trend of Ghibli-inspired memecoins. Since the ChatGPT-4o feature was made available, numerous tokens based on the Ghibli style have been launched successfully.
The Role of ChatGPT-4o
OpenAI CEO Sam Altman tweeted on X (formerly Twitter) on March 25 that a new feature was released in ChatGPT allowing the user to create images of Ghibli-style artwork. The update gained momentum on social media, with fans beginning to share their work. Users have since updated their profile pictures to Ghibli-themed avatars, propelling the trend.
Market Expansion and Supporter Base
The entry of Ghibli-themed memecoins is timing with an overall interest in Web3 technology, as a number of projects are making an appearance on the back of the launch of the ChatGPT-4o feature. The Solana-based Ghibli Token alone reached a record overall total of $23 million in market capital, reflecting the enormous interest from the crypto community and Studio Ghibli fans in general.
Possible Risks in the Market
Ghibli-themed memecoins are generating buzz, but they carry serious risks. Studio Ghibli is very serious if there’s an infringement on copyright. If anyone uses Ghibli’s intellectual property without permission, the studio could take legal action. In case Ghibli takes action concerning the utilization of its brand for such memecoins, the memecoin market could have radical changes or withdrawals.
In addition, the memecoin market is unstable. Buyers are cautioned that the current trend might not be sustained. Only time will tell what these currencies will do once the novelty wears off, experts say.
Ghibli-meme tokens are leading the charge for a new era of cryptocurrency because of the revolutionary potential of ChatGPT-4o.
Market appreciation goes through the roof as proof of sustained demand to bring beloved cultural symbols to the blockchain space. Investors must be cautious and avoid volatility and legal concerns emerging in this space.
