Turbo Memecoin Soars to $600M Market Cap in 3 Months

Using GPT-4, digital artist Rhett Mankind—who developed TURBO—made the coin with only $69 expenditure. The memecoin is scattered and sees no human participation.

“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.” wrote Mankind

AI was employed by mankind to create the smart contract code, tokenomics, and whitepaper for the Turbo community.

Over the past three months, the Turbo memecoin has climbed in market valuation to reach over $600 million. One of the most evident growth spurs a meme coin has witnessed in a short period. It coincides with a period of growing crypto community interest in AI-based initiatives.

Related: Vitalik Buterin: GPT-4 Passes Turing Test Milestone

Platforms driven by artificial intelligence construct autonomous agent networks and use cutting-edge algorithms for market forecasts. GPT-4 and other artificial intelligence technologies improve smart contract development, therefore guaranteeing higher security and efficiency in blockchain use. When building the Turbo environment, mankind effectively established a community free from supervision, demonstrating the value of artificial intelligence.

The coin is presently valued at $0.008492 and has gained over 550% in the past seven days, according to Coinmarketcap.

Among over thirty cryptocurrency exchanges, the token is listed on OKX, Gate.io, Bitpanda, and Bitget.