The cryptocurrency market has a meme coin section that defies logic and a conventional funding strategy. A meme coin named Turbo has been buying and selling within the cryptocurrency marketplace for over a 12 months and was created utilizing OpenAI’s chatbot ChatGPT.

The meme coin Turbo was first launched a 12 months in the past in Might 2023 and traded at $0.00031005. Nevertheless, the cryptocurrency scaled up practically 600% by the top of the 12 months however started buying and selling sideways in 2024.

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Nonetheless, within the final 30 days alone, the Turbo meme coin skyrocketed practically 1,400% and turned closely bullish. Since a 12 months, the Turbo cryptocurrency created with ChatGPT has surged a whopping 2,232% in worth. The meme coin is among the many top-performing cryptocurrencies this 12 months that generated stellar returns for traders.

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Due to this fact, an funding of $10,000 final 12 months within the meme coin Turbo would have become $233,200 in the present day. This reveals that the meme coin section within the cryptocurrency market just isn’t certain to any monetary guidelines. Meme cash chart their very own course and the fortunate and daring ones get the chance to make returns that even the inventory market can’t ship in a brief interval.

Cryptocurrency: What Subsequent To Turbo Meme Coin?

Turbo’s price is at the moment hovering across the $0.007 vary on Wednesday and is going through correction within the charts. Traders at the moment are indulging in revenue bookings and the sell-off made the cryptocurrency’s price dip this week. Nevertheless, meme cash are extremely speculative belongings, and it’s troublesome to level its subsequent route within the charts.

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It’s suggested to do thorough research earlier than taking an entry place into the Turbo meme coin this month. The cryptocurrency market is understood for its volatility and swings each methods making it troublesome to digest the losses. In conclusion, whereas the Turbo meme coin soared 2,200%, there isn’t a assure that it might repeat the feat.