In just three months, the memecoin Turbo, produced by ChatGPT, has surged by an impressive 2,000%.

The price of the Turbo meme coin has risen dramatically by 2,000%, significantly boosting its market cap. In this article, Metaverse Post will delve into the latest updates regarding Turbo.

The sophisticated artificial intelligence developed by OpenAI, known as Turbo, initially emerged as a fun project via ChatGPT. Its popularity exploded, largely due to social media and the growing public interest in cryptocurrencies.

The concept, tokenomics, and smart contract for Turbo were crafted by digital artist Rhett Mankind, utilizing GPT-4, a more advanced iteration of ChatGPT. Mankind, working with just a $69 budget, documented the entire journey on X (formerly Twitter) and involved the community in key decisions related to the project, including its name and logo.

The innovative application of AI, combined with a community-driven approach, has played a crucial role in Turbo's phenomenal success. A viral marketing push on platforms like Reddit and Twitter initially propelled Turbo's value up by 300% in the first month, followed by a notable increase of 700% in the second month thanks to endorsements from major cryptocurrency influencers.

In the third month, Turbo far surpassed expectations, soaring another 2,000% and achieving a remarkable market valuation of $638 million. This success firmly establishes Turbo as one of the most notable meme coins within the digital currency landscape.

Data from Santiment, a leading on-chain analytics provider, indicates an uptick in social activity surrounding Turbo, suggesting growing interest from retail investors. The trend of heightened social metrics preceding market shifts underscores the importance for those looking to predict Turbo's price movements to monitor these signals closely.

Moreover, reports from Coinglass reveal that, as of May 28th, four memecoins rank among the top ten in terms of open interest (OI) within the cryptocurrency leverage market.

Turbo's triumph highlights the transformative potential of AI technology in revolutionizing traditional finance. By leveraging ChatGPT's capabilities, Rhett Mankind demonstrates how AI can facilitate the creation of innovative financial solutions while engaging communities in a decentralized manner.

Turbo is available for trading across multiple platforms, including Cryptocurrencylistings.com, MEXC, and OKX, showcasing strong trading volume and liquidity. However, despite its undeniable appeal to the crypto community, investors should proceed with caution, particularly given the inherent risks associated with meme currencies.

The analysis of the Turbo meme coin remains highly relevant within the crypto memes community, underscoring how Turbo's rise illustrates the significant impact that artificial intelligence and community-centric initiatives can have on the cryptocurrency landscape.