Investors began to actively buy the TURBO meme-cryptocurrenc | Global CRYPTO News
Investors began to actively buy the TURBO meme-cryptocurrency
Over the past few days, crypto enthusiasts and traders have been actively discussing the new meme-cryptocurrency TURBO. Its phenomenon lies in the fact that it was developed using ChatGPT. Industry whales have also shown interest in this digital asset and have made significant investments in the project.
For example, a user of BTC12 Capital (leishen.eth) spent 600 ETH (about $1.14 million) to purchase 645 million TURBOs at a price of $0.001773, as of May 6 and 7, 2023. In addition, RookieXBT allocated 48 ETH ($71K) to buy 61M TURBOs at an average cost of $0.00146 as of May 9th.
As early as April 23, 2023, the developer of the Turbo project stated that he “gave the GPT-4 chatbot a budget of $69 and asked him to make the ‘next great meme coin’.” The creator of the cryptocurrency admitted that he would follow all the instructions given to him by the neural network. He also planned to document the entire process.
The technology behind TURBO is what sets this project apart from others. The ChatGPT artificial intelligence language model was used to develop almost every aspect of the meme token, including tokenomics, white paper, roadmap, and concept. The creator claims that the project is driven by the community.
The fact that the cryptocurrency is developed using ChatGPT adds a layer of trust.
The fact is that the AI-based language model is not interested in obtaining any benefit or fraud. In addition, the absence of a central authority means that the future development of the project is entirely in the hands of the community. This makes it a potentially more attractive investment.
According to Dextools, this cryptocurrency was trading at $0.00115. The market capitalization of TURBO was fixed at $79.62 million. In total, 16.39 thousand holders owned the token.
