TURBO looks set to become one of the next billion-dollar meme coins, fuelled by its AI origins. Also, check out the 99BTC Learn2Earn presale.
Turbo Toad ($TURBO) is the First AI-generated meme coin, 100% Community-Owned, and styles itself as ‘The People’s Token’. It may just have one of the bullish charts of any sub-1-cent meme coin right now.
(TURBO)
It All Began From Chat-GPT: The Lore Behind Turbo
Turbo was created by a digital artist who goes by Rhett Mankind. In April 2023, he took his followers on the journey as he prompted Chat-GPT to create ‘the next great meme coin’ on a $69 budget.
He used Artificial Intelligence (AI) to create the ticker, artwork, whitepaper, tokenomics, and finally, the code to launch the token contract.
I gave GPT-4 a budget of $69 and asked it to make the next great meme coin.
I will follow all instructions it gives me and document the process here.
Follow and participate 👇 pic.twitter.com/bBxkxkg7eS
— Rhett Mankind (@rhett) April 23, 2023
Rhett used AI one last time to help with crowdfunding and community engagement plans, and on April 29, 2023, TURBO went live.
The meme coin initially ran, in early May it rocketed 10x and briefly touched $0.0017 before a huge sell-off. The next 12 months saw TURBO flying under the radar, failing to breach $0.0015.
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TURBO On A Tear Since May
This year, the first-ever AI-generated meme coin shot up nearly 10x in a 7-day period from May 21 – May 28.
TURBO is gaining traction as the market begins turning green once again. Many see the blend of AI and meme coin as a perfect cocktail for a token destined for the moon during this bull run.
$TURBO price has likely started wave-V of 1 to the upside. Ideal target for wave-V of 1 is the $0.019 price level.
A sustained break above this price level would indicate that the yellow scenario has the control. pic.twitter.com/knQ16c3HNA— Man of Bitcoin (@Manofbitcoin) July 21, 2024
It has a heavy presence on-chain but also benefits from being listed on multiple centralised exchanges (CEX), most notably MEXC, OKX, and Crypto.com.
Just today, TURBO announced two CEX listings, Ourbit and CoinUp.
They may be smaller exchanges, but they all contribute to the token’s volume and availability. Speaking of volume, TURBO regularly processes over $100 million in daily trading volume, an insane number for a meme coin.
On May 28, TURBO briefly tapped the 1-cent mark before being rejected and has since been steadily climbing back for round two.
Its market cap currently ranges between $425 – $500 million. With over 35,000 holders and such heavy CEX exposure, TURBO is well positioned to blow past 1-cent and become a multi-billion dollar market cap meme coin by the time this bull market is over.
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