Turbo (TURBO) is a community-driven meme coin built on the Ethereum blockchain. It was created in April 2023 by a pseudonymous individual named Rhett Mankind, who challenged ChatGPT-4 to design the next great meme coin with a budget of just $69. This unique origin story, coupled with the potential for high returns often seen with meme coins like Dogecoin, which rose from humble beginnings to become a top cryptocurrency, has generated significant interest in TURBO. The first step in learning about this token involved identifying its official website, turbotoken.io.
What Makes Turbo Unique?
Turbo distinguishes itself from other meme coins in several ways:
- AI-powered creation: Turbo is the first meme coin to be entirely created by artificial intelligence (AI). Its founder, Rhett Mankind, prompted ChatGPT-4 to design the next big meme coin with the goal of reaching the top 300 cryptocurrencies on CoinGecko. The AI was responsible for developing the token’s concept, tokenomics, whitepaper, and even wrote 75% of the smart contract code within the first day. This groundbreaking approach highlights the potential of AI in revolutionizing the cryptocurrency space, potentially leading to more innovative and efficient token creation in the future.
- Community-driven: Turbo boasts a decentralized, community-driven model. Its growth and value depend heavily on community participation, with active governance and community involvement in decision-making positively impacting the TURBO token price.
- AI Oracle Council: Turbo operates on a governance model that involves both human creativity and AI intelligence. The AI Oracle council, composed of seven dedicated volunteers elected by community members, prompts the TurboAI Chatbot to tap into its vast knowledge and insights. This council acts as a bridge between the community and the AI, ensuring that the token’s development aligns with the community’s vision.
- Focus on creativity: Turbo aims to provide a platform for artists from various disciplines to showcase their work, collaborate, and inspire one another. It also strives to leverage cutting-edge technology to enhance the community experience.
- Unique tokenomics: Turbo follows a unique tokenomics model to ensure fair and successful distribution. There are no taxes on transactions, and the contract ownership is renounced. The token launch was crowdfunded after the initial budget fell short.
Turbo Tokenomics
Turbo has a total supply of 69 billion tokens, all of which are currently in circulation. The token follows a simple and transparent tokenomics model:
- No taxes: There are no taxes on buying, selling, or transferring TURBO tokens.
- Fair distribution: The tokens were fairly distributed through a crowdfunding launch.
- Contract renounced: The contract ownership has been renounced, ensuring that no one can alter the token’s code or supply.
Where to Buy Turbo
TURBO tokens can be traded on centralized crypto exchanges. Some popular options include:
Exchange | Pair | 24h Volume |
---|---|---|
Bitget | TURBO/USDT | $9,101,586 |
MEXC | TURBO/USDT | $17,457,431 |
Binance | TURBO/USDT | $7,747,872 |
Gate.io | TURBO/USDT | $4,467,297 |
HTX | TURBO/USDT | $13,635,719 |
OKX | TURBO/USDT | $3,452,878 |
Hotcoin | TURBO/USDT | $9,462,334 |
Coinbase Exchange | TURBO/USDT | $1,379,634 |
You can also buy TURBO through Bybit Web3 Swap, either via Ethereum (ETH/TURBO) or Solana (SOL/TURBO). No KYC is required for this method.
It’s worth noting that Zengo, another platform where you can purchase TURBO, has received a strategic investment from Tether. This investment highlights the growing adoption and support for the token within the cryptocurrency ecosystem.
Turbo Price and Market Capitalization
As of February 25, 2025, the live Turbo price is around $0.0032. The market capitalization of Turbo is approximately $225 million. Turbo reached an all-time high of $0.01432 on December 11, 2024, and an all-time low of $0.00006518 on September 26, 2023. Turbo currently ranks #183 in popularity on Coinbase and #266 on CoinGecko.
Factors Influencing Turbo’s Price
Several factors can influence the price of Turbo:
- Market sentiment: As a meme token, TURBO is highly susceptible to market sentiment and trends. Positive engagement, community enthusiasm, and social media activity can drive the price up. For example, when influential NFT artists like Pak and Beeple showed interest in the project, it contributed to a surge in TURBO’s market cap.
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Bitcoin and crypto market trends: Like many cryptocurrencies, the TURBO price is correlated with the broader crypto market, particularly Bitcoin. When Bitcoin experiences price changes, it often impacts the prices of meme tokens like TURBO.
- Community engagement: Turbo’s decentralized, community-driven model means that its growth and value depend heavily on community participation. Active governance, voting on proposals, and community involvement in decision-making can positively impact the TURBO token price.
- Exchange listings: The token’s presence on multiple exchanges increases its accessibility and trading volume. Listing on major exchanges like Binance can boost visibility and trading activity, potentially affecting the TURBO coin price.
Turbo Community Forums and Discussions
You can find discussions about Turbo on various platforms, including:
- CoinGecko: CoinGecko provides a platform for community discussions and sentiment analysis.
- Reddit: There are several subreddits dedicated to cryptocurrency discussions where you can find conversations about Turbo, such as r/CryptoMarkets and r/Crypto_com.
- TradingView: TradingView has a dedicated forum for TURBOUSD where traders can share their insights and ideas.
TurboToad NFTs and the SPACECRAFT NFT
Turbo has launched community projects like TurboToads, an AI-generated collection of NFTs. The project involves three phases:
- Phase 1: TurboToads NFTs were minted for free for all TURBO holders. Within 24 hours, 4,200 TurboToads NFTs sold out.
- Phase 2: A SPACECRAFT NFT was created.
- Phase 3: A web3 game is planned where TurboToads explore space using the SPACECRAFT.
Latest News and Developments
Turbo has been featured in several recent news articles and publications:
- Blockchain Reporter: “Best 4 New Meme Coins to Invest in February 2025: BTFD Coin’s $5,000 to $187,500 Potential & High-ROI Contenders with Unbelievable Rewards”
- TheNewsCrypto: “3 Best Meme Coins for Explosive Growth and Unmatched ROI – Don’t Miss Out!”
- Insidebitcoin: “Trending Meme Coins to Invest In Now, February 09 – Turbo, Mog Coin, Baby Doge Coin”
Risks of Investing in Turbo
While Turbo presents an exciting opportunity in the cryptocurrency space, it’s crucial to acknowledge the risks associated with investing in meme coins like TURBO.
- Volatility: Meme coins are known for their price volatility, and TURBO is no exception. The price can fluctuate significantly in short periods, influenced by factors like market sentiment and social media trends.
- Lack of Intrinsic Value: Like many meme coins, TURBO has no intrinsic value or guarantee of financial return. Its value is primarily driven by community engagement and market hype.
Therefore, it’s essential to invest responsibly and only what you can afford to lose.
Conclusion
Turbo is a unique and innovative meme coin that has captured the attention of the cryptocurrency community. Its AI-powered creation, community-driven model, and focus on creativity set it apart from other meme coins. The token has shown strong growth potential, reaching a market capitalization of approximately $225 million and ranking among the top cryptocurrencies on platforms like Coinbase and CoinGecko. However, it’s important to remember that meme coins like TURBO can be highly volatile and lack intrinsic value. Investors should carefully consider the potential risks before investing in TURBO. Despite these risks, the overall sentiment towards Turbo in the crypto community appears to be positive, with many enthusiasts and investors excited about its future prospects.