Turbo, the memecoin produced by ChatGPT, experiences an extraordinary 2,000% surge over a span of three months.
Turbo, an innovative memecoin brought to life by digital artist Rhett Mankind, has now exceeded a market capitalization of $600 million. Mankind harnessed the power of GPT-4, an advanced AI system, to bring this coin into existence, all while operating on a modest budget of just $69. Notably, Mankind purposely designed Turbo to be decentralized, completely removing himself from any control or influence over its operations.
In Mankind’s own words, “Everything I’ve done is to try and just make it decentralized. So I’m not in control. And I think that’s where the beauty of this came from. It sort of blew up because I’m not running things.” Utilizing AI technology, Mankind employed GPT-4 to write the tokenomics, whitepaper, and smart contract code that govern the Turbo community.
The Turbo memecoin has experienced an astonishing surge of over 2,000% in value within the past three months, propelling its market capitalization to soar beyond $600 million. This impressive growth spurt ranks among the most remarkable witnessed by any memecoin within such a short timeframe. Moreover, it occurs at a time when there is a growing fascination with AI-based projects within the cryptocurrency community.
AI-powered platforms leverage sophisticated algorithms to make market predictions and establish autonomous agent networks. With the aid of AI tools like GPT-4, smart contract development within the Turbo ecosystem is enhanced, leading to heightened security and efficiency in blockchain applications. Mankind effectively demonstrated the utility of AI by creating a community that operates autonomously and without any form of oversight.
According to data from Coinmarketcap, the Turbo coin has surged by an astounding 550% in the last seven days alone and is presently valued at $0.008492. This token is listed on more than 30 cryptocurrency exchanges, such as OKX, Gate.io, Bitpanda, and Bitget.
