Topics Memes

Turbo Token (TURBO): Pioneering AI-Powered Meme Coins

Beginner
Memes
Explainers
Altcoins
6 มิ.ย. 2024

Meme coins have become a tantalizing movement in the global crypto space. Not only do meme coins unite individuals worldwide, but with the right strategy, they can potentially turn you into a millionaire overnight.

Now, what if you could merge the power of artificial intelligence (AI) with a meme coin? You no longer need to fantasize, as such a token already exists — the Turbo Token (TURBO).

TURBO rose by over 2,000% to hit its ATH price of $0.0097 on May 28, 2024, and has a market cap of over $650 million. Based on its support level, an ascending trend is in place that could result in an even higher upward increase in TURBO's price.

Let’s look at this AI-powered meme coin that’s stirred up a storm in the crypto space.

Key Takeaways:

  • TURBO is an ERC-20 AI-powered meme coin created in April 2023, designed to challenge Chat GPT-4 to come up with a top-ranking meme coin using a budget of $69.

  • In 2024, TURBO surged by over 2,000% and hit an ATH of $0.0097 on May 28. It’s now among the top 200 cryptos on CoinGecko.

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What Is Turbo Token (TURBO)?

Turbo Token is an ERC-20, AI-generated meme coin that started as a bold experiment on Chat GPT-4 and quickly rose within one year to become a top-200 crypto token.

Born out of a man's darkest moments, TURBO isn’t like many of the meme coins out there that were built solely for the purpose of quick gains. Instead, it embodies resilience, the courage to innovate and a wholehearted embrace of technology. Rhett Mankind, a digital artist and NFT collector, realized that the 2023 crypto winter was the best time to experiment and think out-of-the-box while waiting for the market recovery.

In April 2023, Mankind prompted Chat GPT-4 to create the next big meme coin with the goal of becoming a top 300 crypto on CoinGecko — all within a budget of $69. What followed was a three-day process on GPT-4 that birthed Turbo Token out of what seemed like a jest. 

On day one, Rhett asked GPT-4 to develop the concept, including coming up with a logo or character. Based on what was generated, Rhett invited crypto fans to a poll on X (formerly Twitter) to select the name.

Within the first day, the concept and tokenomics were developed, a white paper was created and the smart contract was 75% tested. On the next day, the smart contract code was deployed and verified, and the project had its own website and X profile.

On day three, the meme coin was ready to launch, but unfortunately, it failed because of a bot that bought up the whole (albeit tiny) liquidity pool of $69, leaving the project with no remaining budget. Rhett called on the community to offer a solution, and luckily, the project was saved with crowdfunding that raised a total of $6,669. Turbo Token went on to launch, with 69 billion tokens released into circulation.

Since then, Turbo Token has been a decentralized, community-oriented meme coin composed of enthusiastic crypto adventurers.

TURBO's Atomic Rise

The Turbo Token project didn’t immediately go viral, but rather grew organically through word of mouth, eventually catching the interest of influencers like famous non-fungible token (NFT) artists Pak and Beeple. Rhett also released a video detailing his emotional journey in creating TURBO, which resonated with many in the crypto space. Within three months in 2024, TURBO’s market cap has risen from $27 million to over $500 million — a surge of over 2,000%.

Its founder, Rhett Mankind, attributes TURBO's meteoric success to its decentralized nature, as it was essentially created by the community who came up with excellent ideas — and even better ways to implement them.

TURBO Crypto Price Prediction

As of Jun 6, 2024, TURBO’s price was $0.00615, a 36.6% drop from its ATH of $0.0097 on May 28, 2024, and a 9,375.3% increase from its ATL of $0.000065 on Sep 26, 2023.

Price prediction experts are pretty bullish on the future price of TURBO. According to price forecasting experts at CoinCodex, TURBO could hit $0.029 in 2025, then reduce to $0.0256 in 2030. Another price prediction platform, Coincu, forecasts that TURBO could hit $0.215 in 2025 and rise to $0.47 by 2030.

Positive as these current price predictions may be, they reveal that TURBO has quite some way to go before hitting $1. To do so from its current price, TURBO would need to rise by over 16,000% — and, based on CoinCodex’s pricing algorithm, this would take a very long time since, according to their projections, the estimate for TURBO’s price in 2049 is $0.25.

Based on this math, you may wonder if Turbo crypto is a good investment. So far, going by the token’s incredible 2024 surge, those who bought TURBO at its all-time low price in September 2023 are already well in on the profits. Currently, TURBO is still highly profitable, especially with its recent partnership with MANEKI, another highly successful meme coin, which signifies the project's long-term vision in terms of going beyond the speculative nature of meme coins and providing utility to its users.

That said, please keep in mind that meme coins are highly volatile, and it's always essential to do your own research and to invest only what you can afford to lose.

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Where to Buy TURBO

You can buy TURBO through Bybit Web3 Swap, either via Ethereum (ETH/TURBO) or Solana (SOL/TURBO). No KYC is required. Simply connect your web3 wallet, and then proceed to swap your supported assets, such as ETH, with TURBO tokens.

Turbo vs. Pepe

Both Turbo Token and Pepe Coin (PEPE) are top-ranking meme coins that have done incredibly well despite being new in the market. Both meme coins are built on Ethereum and were launched in April 2023. However, despite debuting around the same time, PEPE managed to cross the $1 billion market cap mark within three weeks of launch, unlike TURBO, which gained traction only in 2024.

As of June 2024, PEPE's market cap stands at $6.1 billion, over 13 times that of TURBO ( $433 million). PEPE is also a top-100-ranked meme coin on CoinGecko, while TURBO has yet to cross this mark. That said, the two are both well-performing meme coins with strong communities and bold visions.

What Are TurboToads NFTs?

TurboToads is a collection of 4,200 unique NFT toads designed by NovaLab, based on the original Turbo Token mascot. The project, which is divided into three phases, is designed to explore art — and spread good vibes.

Phase 1 began in May 2023, when TurboToads NFTs were minted for free for all TURBO holders — and within 24 hours, 4,200 TurboToads NFTs sold out. Phase 2 involved creating a SPACECRAFT NFT, while Phase 3 is a web3 game in which TurboToads explore space using SPACECRAFT.

Closing Thoughts

The TURBO token has had an incredible 2024, hitting its all-time high in May. Based on its roots of experimentation with AI, TURBO is still pushing its vision to see what can be accomplished through determination and strong community engagement. The crypto space is watching and waiting to see how much farther this AI-based token can go — after having started with a budget of $69 to reach a peak of over $500 million in market cap. 

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