The sudden rise in popularity of the GHIBLI token led to significant profits for a crypto whale who purchased it before it became popular.
Purchase and Profit
The crypto whale bought 10.4 million GHIBLI tokens for $1,140 at the decentralized exchange Meteora before the token gained popularity, resulting in a $224,000 profit, equivalent to a 196x increase in value.
Whale Wallet's Role
In addition to holding the tokens, the whale added 7.28 million of them to liquidity on the exchange, earning an unknown amount of fees from this action.
GHIBLI Token and Its Popularity
Launched as a memecoin on the Solana network, GHIBLI gained attention when 'Ghibli' became a trending topic after the release of a new version of ChatGPT, which transforms photos into anime-style images akin to Ghibli Studios.
GHIBLI continues to capture interest as the largest exchange Binance has added it to their pre-listing pool, potentially impacting the token's future popularity and value.
