On March 25, ChatGPT-4 introduced the image generation feature for its paying users, leading to the viral spread of Studio Ghibli-inspired images on social networks. Studio Ghibli, founded in Tokyo in 1985, is renowned globally for acclaimed films like Spirited Away and Grave of the Fireflies. Following this news, a series of Ghibli-related memecoins emerged on the Solana and Ethereum blockchains. Tokens like GhibliDoge, Ghibli Rizzler, and Ghibli Sigma rode this wave. Notably, Ghiblification was released on March 26 and reached a value of $31.24 million by March 28. The token hit its all-time high of $0.0415 yesterday. However, Ghiblification faced a significant 56.38% drop in the past 24 hours and is currently trading around $0.011. It’s worth mentioning that its current circulating supply exceeds 999 million tokens. These memecoins are created by anonymous developers, making their credibility challenging to assess. Investors should beware of potential scams. Meanwhile, notable figures like Elon Musk and Changpeng Zhao have joined this trend. Elon Musk shared a Ghibli-style image of himself and Shiba Inu. Changpeng Zhao also changed his profile picture to reflect the Ghibli style and further strengthen this trend. Meanwhile, Sam Altman, the CEO of OpenAI, announced an increase in demand for the image generation feature on March 28. He mentioned that OpenAI’s GPUs are under pressure and the company intends to impose temporary restrictions to enhance performance. Additionally, free ChatGPT users will soon be able to generate three images daily.
