GHIBLI Crypto Crashes – Meme Coin Sensation or Just Another Fad?

GHIBLI Crypto: Viral Sensation or Just Another Short-Lived Meme Coin?

A new meme coin is making waves in the crypto world. The Ghiblification token is inspired by Studio Ghibli and has gained huge popularity. Investors are excited about its potential. Some people wonder if it will be included as a fun, community-driven token in the Meme Index ($MEMEX).

At the same time, OpenAI's "Ghiblify" feature has caused controversy over copyright issues. Despite this, $GHIBLI skyrocketed 99.2% in one night but dropped the next day. The big question is—will it keep rising or fade away like many other meme coins?

Memecoin Dropped After a Huge Surge

GHIBLI hit an all-time high of $0.04082, but has since dropped 62%. Its lowest price was $0.01187, and it’s now trading around $0.01256. The market cap stands at $12.56 million, down 62% in 24 hours, while trading volume fell 25.46% to $64.64 million.

Besides the drop, the trading is still going on with several traders. Memecoin saw over $87 million in transactions in just 24 hours. Many investors still believe that this dip is temporary and are waiting for a surge. Despite the facts, memecoin is highly risky and unpredictable, and nothing is guaranteed.

Source: CoinMarketCap

Is GHIBLI A New Chillguy?

GHIBLI is riding on the top of the trending waves, just like PEPE and DOGE. Memecoin often follows the online trends. Its branding taps into nostalgia and Studio Ghibli’s unique style.

Furthermore, GHIBLI made its debut on Pump.fun, a website that specializes in transient meme tokens. Many of the projects from this site have failed, but some have succeeded. Investors need to exercise caution.

Potential Risks of Copyright

A major concern for GHIBLI is Studio Ghibli’s strict copyright policies. The company has never allowed unlicensed use of its brand. In the event that legal action is taken, they might face serious challenges.

Another risk is the unpredictability of memecoins. Many have turned out to be pump-and-dump schemes. While it is trending now, its long-term success is uncertain.

Additionally, it launched on Pump.fun, a platform known for short-lived meme tokens. While some projects from this site have thrived, many have failed. Investors should be cautious.

Number of Coins in the Market With the Same Name 

Copycats are frequently influenced by meme coins, and there is no difference. Many comparable tokens have surfaced, including:

• GhibliSigma (GIGMA)

• GhibliMona Lisa (GLisa)

• GhibliRizzler (GRIZLLER)

Meme coins have wild price swings, showing how unpredictable the market can be. Other anime-themed tokens, like Shibli Inu (SHIBLI) and GhibliDoge (GHIBLIDOGE), also gained brief popularity.

For example, GhibliCZ peaked at $14.6 million but quickly dropped to $4.3 million on the Binance Smart Chain. These sudden ups and downs highlight how risky and speculative these assets are.

Despite the risks, it is listed on major exchanges like AscendEX, BingX, and Gate.io. Reports also link it to Binance Alpha, boosting accessibility and investor confidence.

Whats Next?

A new meme coin is riding on a wave of trends in the crypto world. However, there are risks. Its cost varies greatly, and copyright issues may surface. It may be a pump-and-dump scheme, according to some experts, but it might also be the next big thing. 

it is still popular in the cryptocurrency community today. But will it be a trend that comes and goes, or will it last? We'll learn in due time.