🌎 AI-Generated Turbo Memecoin Hits $600M Market Cap

Turbo, a ChatGPT-generated memecoin, has reached a market capitalization of over $600 million. Digital artist Rhett Mankind, the creator of TURBO, used GPT-4 to develop the coin with a budget of only $69. The memecoin operates in a decentralized manner, with no direct involvement from Mankind.

“Everything I’ve done is to try and just make it decentralized. So I’m not in control,” explained Mankind. “And I think that’s where the beauty of this came from. It sort of blew up because I’m not running things.”

Mankind used AI to write the Turbo community’s tokenomics, whitepaper, and smart contract code. $TURBO is notable for being the first meme coin created by AI. Initially given a budget of $69 to create a significant meme coin, it has now grown exponentially. An investment of $1,000 in $TURBO earlier this month is now worth over $14,000.

The Turbo meme coin has surged over 2,000% in the past three months, propelling its market capitalization to over $600 million. This significant growth has occurred during a period of increasing interest in AI-based projects within the crypto community.

AI-powered platforms employ advanced algorithms for market predictions and create autonomous agent networks. AI tools like GPT-4 improve smart contract development, enhancing security and efficiency in blockchain applications. Mankind demonstrated AI’s potential by creating the Turbo ecosystem, establishing a community without oversight.

According to recent data, the coin has surged over 550% in the last seven days and is currently priced at $0.008492. The token is listed on over 30 crypto exchanges.