A YouTube video of Australian basketballer Belinda Snell's buzzer-beating shot was viewed more than 11,000 times on Tuesday morning before it was removed for copyright infringement.
Olympic athletes Meagan Nay and Stephanie Rice retweeted video of the game, while cyclist Melissa Hoskins posted: "So who's watching the basketball? Pretty sure that's one of the greatest shots I have ever seen!!!!! #Opals."
The score-levelling basket forced the game against France into overtime but the Opals couldn't find the lead, going down 74-70.
Australian comedian Andy Lee sat with the parents of the Opals and tweeted a post-match picture with Snell, congratulating her on the shot.
The Opals' loss to world No.8 France isn't totally catastrophic for their hopes of winning another Olympic medal.
But it does mean they may not finish top of their group as expected, possibly leading to a tougher opponent than expected in their crossover pool in the quarter-finals.
Opals Captain Lauren Jackson tweeted after the game: "Onwards and upwards. Keepin heads up Opals, we got some work to do! It's a long tournament."Jackson's teammate and third-time Olympian Suzy Batkovic joined in the conversation, tweeting: "Thanks for all the love people. Was a disappointing result vs France. Early days still, next game onto brazil. Keep cheering for us #goOpals