As a researcher with a background in artificial intelligence and cryptocurrencies, I find the story of Turbo, the memecoin created by digital artist Rhett Mankind using GPT-4, absolutely fascinating. The coin’s meteoric rise to over $600 million market capitalization is a testament to the power of AI in creating decentralized projects that can capture the imagination and investment of the crypto community.
Turbo, a ChatGPT-generated memecoin, now has over $600 million in market capitalization.
As a researcher studying digital art and cryptocurrencies, I came across an intriguing project called TURBO, brought to life by the innovative digital artist Rhett Mankind. With a modest budget of $69, he leveraged the advanced capabilities of GPT-4 to design this memecoin. It’s essential to note that as the creator, Mankind has no further involvement in its decentralized operations.
Mankind explained, “I’ve strived to keep everything decentralized so I have no command. I believe the allure and success of it stemmed from the fact that I don’t hold the reins.”
Mankind used AI to write the Turbo community’s tokenomics, whitepaper, and smart contract code.
In case you didn’t know$TURBO is the first meme coin ever created by AIThe founder gave GPT-4 a budget of $69 to make the next great meme.Today it’s gone full vertical, $1k into $TURBO earlier this month is now worth over $14k.I don’t HOLD any tokens, but I love seeing my… — Shitcoin Alchemist (@TearOfSatoshi) May 28, 2024
Turbo’s surge
In the past three months, the value of Turbo, the meme cryptocurrency, has skyrocketed by more than 2,000%, reaching a market capitalization exceeding $600 million. This extraordinary growth makes it one of the fastest-growing meme coins on record. Coincidentally, there’s been a growing buzz in the crypto sphere about AI-focused projects.
Advanced AI systems harness intricate algorithms for market forecasting and establish self-governing agent networks. Remarkable AI solutions such as GPT-4 fortify the process of constructing secure and productive smart contracts within blockchain technology. Humanity demonstrated the significance of AI through the creation of Turbo, essentially fostering a self-regulating community.
Based on data from Coinmarketcap, the value of the coin has experienced a remarkable increase of more than 550% within the past week, now trading at approximately $0.008492.
The token is listed on over 30 crypto exchanges, including OKX, Gate.io, Bitpanda, and Bitget.
Read More
- BODEN PREDICTION. BODEN cryptocurrency
- GHST PREDICTION. GHST cryptocurrency
- BETA PREDICTION. BETA cryptocurrency
- STRD PREDICTION. STRD cryptocurrency
- Mango Markets Exploiter Found Guilty Of Fraud And Manipulation
- GBP EUR PREDICTION
- MATIC PREDICTION. MATIC cryptocurrency
- LOOKS PREDICTION. LOOKS cryptocurrency
- BRN/USD
- TNSR PREDICTION. TNSR cryptocurrency
2024-05-28 19:06