New Trend: GHIBLI Token Listed on Multiple Exchanges
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By Kima A. profile image Kima A.
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New Trend: GHIBLI Token Listed on Various Exchanges

The GHIBLI token, inspired by Studio Ghibli, is gaining popularity with listings on Gate.io, BingX and other platforms. Growth of 20% in 24h.

The Studio Ghibli-inspired memecoin Ghiblification (GHIBLI) has quickly gained popularity and has been listed on several exchanges since its recent launch.

Inspired by the Studio Ghibli-style AI-generated viral art, the Ghiblification token has attracted a great deal of attention and has been listed on major exchange platforms. For instance, Gate.io added this memecoin to its Pilot section.

The Pilot section offers users early access to promising on-chain projects. This independent marketplace allows users to discover and exchange new high-potential tokens that are not yet available on the main market.

BingX has also added the token to its Innovation Zone.

"The Innovation Zone is designed to provide a secure and fast way to exchange trending on-chain tokens. However, new tokens may experience large price fluctuations or even depreciate rapidly, the exchange warned.

GHIBLI and another token called GhibliCZ had previously been added to Binance Alpha.

OXFUN took an unconventional approach. The exchange allowed trading of this memecoin with up to five times leverage, offering traders the opportunity to increase their positions, potentially increasing both profits and risks.

"GHIBLI has grown by 42% and is trading at a higher volume than ETH on OXFUN", the exchange reported.

Similar announcements appeared on HTX, AscendEX and CoinEx, confirming that the token will be available on their platforms between 27 and 28 March.

How's the GHIBLI token doing?

Quotations have intensified trading of the token. According to the latest data, the price of GHIBLI has risen by more than 20 per cent in the past 24 hours. At the time of publication, the memecoin was trading at $0.02873 and its market capitalisation has exceeded $28 million.

GHIBLI price dynamics. Source: DEXScreener
Pricing dynamics of GHIBLI. Source: DEXScreener

Ghibli-inspired memecoins are rapidly gaining popularity. Some, such as Ghiblification, have seen huge increases - for example, +30,000% in 24 hours - thanks to the viral spread of Studio Ghibli-style AI images on social media.

However, Ryan Lee, chief analyst at Bitget Research, warns of the risks associated with these tokens:

"These spikes carry significant risks, including extreme volatility, lack of utility, possible pump and dump schemes, and legal issues related to copyright infringement of Ghibli's proprietary intellectual property," the expert said.

Lee emphasises that the sustainability of these memecoins remains uncertain, as their value depends more on short-term hype than solid fundamentals.

Where did this new trend come from?

The popularity of GHIBLI and other memecoins is closely linked to a viral art trend. It all started after GPT-4's update of OpenAI, which allowed users to generate images from text. Users started to create works in the style of Studio Ghibli. As the trend grew, well-known figures such as Elon Musk and Michael Saylor joined in, contributing to its spread.

On 26 March, Musk posted a Ghibli-style image on X, joking about himself as a character from The Lion King holding the Dogecoin mascot (DOGE), with the caption "Topic of the Day".

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Even Saylor followed the trend, urging not to sell Bitcoin, but in Ghibli style.

"Don't sell your Bitcoin", he wrote.

Talking about the future of "Ghiblification", Ryan Lee notes that this is only a temporary trend, destined to fade away as interest in AI content wanes, despite the current stability of the market. However, the analyst does not rule out that some of the new tokens might find their way into the market.

"However, some of them might survive if they manage to create a solid community or ecosystem, such as Dogecoin or Shiba Inu, he commented.

According to Lee, in a broader picture, the role of artificial intelligence in the crypto industry will continue to grow. The expert believes the technology will increasingly influence crypto markets, generating new waves of speculation as its capabilities expand.

By Kima A. profile image Kima A.
Updated on
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