GHIBLI Price Prediction After 46000% Rally For The New Meme Coin – Too Late To Buy Now?

5 days ago 42

ChatGPT’s Studio Ghibli-style image generation has become an overnight internet sensation, with everyone from Elon Musk to the OpenAI CEO joining the trend of posting these whimsical visuals on social media.

It was only a matter of time — Ghibli-themed meme coins are now flooding the crypto space, looking to capitalize on the internet’s latest obsession.

Among them, the Solana meme coin, Ghiblification (GHIBLI), gained the most traction — soaring by more than 46,000% to a $28 million market cap at its peak.

The key question now is whether GHIBLI is just another daily-runner meme coin or if the viral online trend will make it the next $100 million crypto. Sidelined investors are wondering if they can FOMO buy GHIBLI now or wait for a better entry.

What Is Ghiblification (GHIBLI)?

Cutting-edge AI models continue to impress with rapidly advancing capabilities as tech giants compete for mindshare in the global AI race.

ChatGPT’s Studio Ghibli has taken social media by storm, as ChatGPT users rush to try the high-quality AI-driven art. The Ghibli trend fits naturally into meme culture — whimsical images, emotionally charged captions, and remix potential. To memers, it’s pure Internet gold.

It is hard to find notable celebrities who haven’t jumped on the trend of posting Ghibli-created images. X owner Elon Musk dubbed himself ‘The Dogefather’, sharing a Lion King-style ‘Presentation of Simba’ meme — with Dogecoin in place of baby Simba.

OpenAI CEO Sam Altman also joined the trend, updating his profile picture on X to a Studio Ghibli-style portrait of himself.

Unsurprisingly, $GHIBLI holders are raising their price targets with every new celebrity that jumps on the trend. However, should sidelined investors FOMO buy at the current price?

GHIBLI Price Prediction – Is It Still An Attractive Investment?

Ghiblification, a new Solana meme coin, has rallied by more than 46,000% in just over a day. After launching with a market capitalization of just $60,000, $GHIBLI peaked at $28 million earlier today.

Several early buyers have already made a fortune with the meme coin. One trader even turned $54 into $130k in the span of a day.

However, is GHIBLI still an attractive investment? Elliot Wave counts suggest that the meme coin completed an initial 5-move bullish impulsive wave to $0.28, which explains its subsequent correction to $15.30.

Moreover, its hourly RSI is extremely close to entering the overbought territory, tagging which could result in more downside volatility.

Sidelined investors should be cautious regarding FOMO buying GHIBLI at its current level. Despite the viral online trend, the crypto market remains in a strong liquidity crunch.

For instance, Morning Routine (ROUTINE), another Solana meme coin based on a viral internet trend, peaked at just a $20 million market cap. After the initial 5-wave impulsive move, it never reached its all-time high again.

Interested buyers should, therefore, wait for GHIBLI to break the $0.28 all-time high before going long on the meme coin.

Is Solaxy The Best Crypto To Buy Now?

Ghiblification reached an all-time high of $28 million. Solaxy (SOLX) has already surpassed the $28 million mark while still in its presale stage, thanks to continuous six-figure investments in the meme coin.

Solaxy isn’t based on an online trend. However, it is the first-ever prominent Solana layer-2 coin, designed to tackle the extreme network congestion on the blockchain during periods of heavy traffic.

Its cutting-edge design includes zero-knowledge rollups, data availability tools like Celestia and a Hyperlane-powered multi-chain bridge. Solaxy promises low latency transactions, instant finality, exponential scalability and zero downtime on both chains.

Most top Layer-2 coins in the Bitcoin and Ethereum ecosystems have multibillion-dollar valuations. Experts believe that SOLX is undervalued in its presale, despite the relentless demand from whales and retailers alike.