Ghibli Coin Price Plunge: Why This Meme Token Is Under Pressure

The latest meme coin to hit the Solana blockchain, Ghibli Coin, has seen a sharp decline in price despite initial hype. The token’s surge was fueled by its AI-powered animation technology inspired by Studio Ghibli films and endorsements from prominent figures like OpenAI CEO Sam Altman and tech tycoon Elon Musk. This attention propelled the coin’s price to an all-time high of $0.04093, but a pullback soon followed, with investors questioning GHIBLI’s long-term potential as a sustainable investment.