Binance News: ChatGPT-Inspired Ghibli Memes Revitalize Memecoin Market

In a surprising twist, the release of ChatGPT4o with image generation capabilities has sparked a new trend in the cryptocurrency world. Read on to find out how Studio Ghibli-styled memes are breathing new life into the memecoin market.

ChatGPT’s Studio Ghibli-Styled Memes Inspire Memecoins Trend

OpenAI has released ChatGPT4o with image generation capabilities, leading to a trend of Ghibli-styled memes on social media platforms like X. These memes have then spread to memecoin platforms on Ethereum and Solana, bringing much-needed hype to the otherwise lethargic market. Elon Musk, a crypto promoter, posted Ghibli portraits of himself generated by the model on his platform with 219 million followers. Sam Altman, OpenAI CEO, also participated in the trend. Dogecoin has shown resilience despite recent crypto challenges.

MUBARAK Memecoin Plunges 40% in a Day

The MUBARAK memecoin, which initially surged after CZ’s purchase, has now plunged 40% to $0.08 in the past 24 hours, nearing its launch price. Launched on March 13 on the Four.meme platform on Binance Smart Chain, MUBARAK initially saw gains after CZ’s support but has since retreated. CZ had purchased 20,150 MUBARAK for 1 BNB, driving the price up, but the rally has since halted.