Following today's viral trend of Studio Ghibli-style images, Binance Alpha has listed two similarly themed meme coins – Ghiblification (Ghibli) and GhibliCZ (Ghibli).
Ghiblification surpassed a $35 million market cap earlier today, while GhibliCZ hit $14 million. This rapid hype prompted Binance to include these tokens in its pre-listing Alpha platform.
Why are Ghibli meme coins dominating the crypto market?
Studio Ghibli has taken over the crypto space following OpenAI’s latest image-generation release. Social media users, including celebrities, have been using this feature to create images in Studio Ghibli’s signature style.
This aesthetic is well known from classics like Spirited Away and My Neighbor Totoro. The internet quickly flooded with AI-generated Ghibli-style images, sparking the creation and rapid appreciation of related meme coins.
Several Ghibli-themed meme coins emerged on decentralized exchanges. Ghiblification (GHIBLI) was the first token to take off, surging over 50,000% to hit a $36 million market cap.
GhibliCZ also reached $14 million within hours, but it was launched on the BNB Chain. Ghiblification gained another 30% after Binance Alpha's listing. According to Dexscreener, buy orders for the token currently outnumber sell orders.
What makes Binance Alpha different?
Binance Alpha is a feature within Binance Wallet that highlights early-stage crypto projects. It generally lists tokens with strong community interest and growth potential.
However, a Binance Alpha listing does not guarantee future inclusion on the main Binance Exchange.
The key difference between Binance Alpha and Binance Exchange lies in the vetting process. While tokens on the Binance Exchange undergo extensive due diligence, those on Binance Alpha are still in an exploratory phase and have not yet completed full evaluation.
"I am probably the last guy to try this. Not going to change my profile pic, as it will put the bluetick into review mode again. And I quite like my current non-ghibli profile pic," Binance founder CZ wrote after posting his Ghibli image on X.
Binance Alpha acts as a pre-listing platform, granting users access to emerging projects that have yet to meet the full due diligence requirements of the main exchange.
This also means that tokens on Binance Alpha may carry higher risks and be subject to significant price volatility.