Meme coin mania is back, and once again Elon Musk is at the center of it.
The eccentric billionaire, Tesla CEO, and longtime Dogecoin promoter posted an image of himself created with ChatGPT. The new image recast Musk’s famous image of himself holding a shiba inu a la The Lion King, but in the style favored by ChatGPT’s recently upgraded 4-o model.
Whereas Musk’s original tweet in 2021 ignited a fire around Dogecoin, his latest post barely carried any weight. Dogecoin is down 2.5% in the last 24 hours and Shiba Inu is down 3.4%.
However, meme coin traders took note. Meme coins created using images generated from ChatGPT—which look like images from Studio Ghibli, the movie studio behind animated films like Spirited Away and My Neighbor Totoro—have rocketed in popularity.
The result is a new meme coin frenzy that’s sending trading volumes soaring and driving up prices across the market.
https://x.com/elonmusk/status/1905025427384807617?
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While Musk supercharged the trend of posting Ghibli-style images, he didn’t start it.
ChatGPT-created Ghibli images came to prominence in recent days after Sam Altman, OpenAI founder and CEO, posted an image of himself in the new style to celebrate an upgrade to ChatGPT 4-0. The new upgrade enables the 4-o model to generate images alongside text.
Altman was quickly followed by Ripple executives Brad Garlinghouse and David Schwartz, who posted ChatGPT-created portraits of themselves.
https://x.com/JoelKatz/status/1905026527072493668
However, Musk’s post carries a lot more influence in the crypto world. As the owner of X, his account has more than 200 million followers and his content is seen by almost everyone on the social network. With Musk behind the new Ghibli trend, it was inevitable that it would catch fire.
In the 24 hours since Musk posted his image, new tokens using the Ghibli style have emerged at an astounding pace—many of them on the Solana blockchain, using the Pump.fun meme coin generator.
The largest such token is Ghiblification ($GHIBLI), which briefly rocketed to a $21 million market cap. The coin has posted a nearly 8,000% gain since launch according to DEXTools.
Similar tokens, including GhibliDoge, Ghibli on the SUI blockchain, and GPepe, have posted similarly explosive gains of 2,000% or more within hours of launching. Four out of five of the top gainers in the past 24 hours on DEXTools are Ghibli-related tokens.
This is likely just the beginning. There’s money to be made for developers who launch Ghibli tokens and investors who buy the next explosive token early. So, the frenzy is likely to continue for as long as major players in the crypto world like Musk keep the hype up around ChatGPT’s new capabilities.
For crypto investors, buying emerging Ghibli tokens is a bit like gambling. There’s a chance that the next Ghibli coin to launch will explode like the earliest entrants did, but there’s also an equal chance that it won’t gain the same hype and could quickly lose value.
However, there’s another way that investors can profit off of the Ghibli trend without having to pick and choose which new token will catch the market’s attention. If buying Ghiblis is like panning for gold, buying tokens like MIND of Pepe ($MIND) and Solaxy ($SOLX) is more like setting up a shop that sells picks and shovels.
MIND of Pepe is a new AI agent crypto with its own X account and crypto wallet. It can monitor crypto sentiment and emerging trends on X, then use its wallet to design and launch meme coins that meet the moment. Investors in the project’s $MIND token get exclusive first access to these new tokens, so they can lock in profits early before trading begins.
Since the AI agent knows exactly what the market wants, its tokens have a higher chance of success than other meme coins reacting to an unexpected event like Ghiblification. Plus, as traders cool on Ghibli tokens and move onto the next big thing, MIND of Pepe can react accordingly and generate tokens to match the new trend.
Solaxy approaches the spike in meme coin trading from a completely different direction. It’s building the first-ever Layer-2 network for Solana, unlocking new speed and reduced trading fees for meme coins built with Pump.fun. The new Layer-2 is widely expected to become the next hub for meme coin trading and development.
That means demand for $SOLX, the network’s gas token, could surge every time there’s a spike in meme coin trading—whether the frenzy is driven by Ghibli tokens or something else entirely. Investors who buy $SOLX in between pumps and sell to meme coin traders when a frenzy peaks stand to earn significant profits without worrying about what meme trend will pop next.
Both MIND of Pepe and Solaxy are holding their token presales now, giving investors a chance to lock in $MIND and $SOLX at steeply discounted prices. MIND of Pepe has raised more than $7.5 million, while Solaxy has raised more than $28 million. Both projects have been praised by crypto analysts as incredibly innovative and critical to the evolution of the crypto market.
These could be incredibly valuable tokens not just for the Ghibli pump, but for all the meme coin crazes that could come in the future. So, don’t miss this opportunity to lock in $MIND and $PEPE before they kick off their own gold rushes.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
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