Turbo is an ERC-20 memecoin launched in 2023, notable for being the first cryptocurrency fully developed using ChatGPT-4. Created by Rhett Mankind, an Australian digital artist, Turbo was conceived as an experiment with a modest budget of just $69. The project aims to leverage the popularity of artificial intelligence and community engagement, focusing on simplicity and fairness in its operations.
TURBO Supply Details
- Total Supply: 69 billion TURBO
- Circulating Supply: 69 billion TURBO
- Max Supply: 69 billion TURBO
Current Market Overview and Technical Analysis
As of April 23, 2025, TURBO is trading at $0.004429 USD (approximately ₹0.38).
Recent Price Trends
TURBO has recovered from earlier lows
- 1-day RSI: 82.91, indicating bullish to short term overbought conditions.
Key Resistance Levels:
- $0.00454: Identified as R3 (Resistance Level 3) in pivot points, this level may act as immediate resistance.
- $0.008 and $0.010: These are longer-term resistance levels to watch if the bullish trend continues.
Key Support Levels:
- $0.0034: Current price level, acting as immediate support.
- $0.0025: Identified as S1 (Support Level 1) in pivot points, providing a lower support level.
- $0.0018: Further support if the price experiences a significant pullback.
Recent Developments
- Turbo has partnered with Aurora Labs and NEAR Protocol to launch TurboChain, a dedicated blockchain for TURBO, and TurboSwap, a decentralized trading platform. This collaboration aims to enhance scalability, speed, and cross-chain compatibility within the Turbo ecosystem.
- Turbo (TURBO) has been listed on Revolut, a significant development that enhances its accessibility to a broader user base. Revolut, a prominent fintech platform with over 50 million users globally, offers a user-friendly interface for buying, selling, and managing cryptocurrencies. The inclusion of TURBO on Revolut allows users to trade the token directly within the app, starting from as little as £1, and supports transactions in 36 different fiat currencies.
TURBO Fundamentals and Long-Term Price Analysis
| Aspect | Details | Evaluation |
| Founders | Rhett Mankind | Digital artist and NFT veteran |
| Utility | AI memecoin | Strong community backing |
| Max Supply | 69 billion TURBO | Limited inflation risk |
| Circulating Supply | 69 billion TURBO | Entire Supply is now in circulation |
| Adoption | Growing in multiple sectors | Expanding user base |
| Volume | Moderate, with spikes | Indicates rising interest |
| Roadmap | Focus on scalability and adoption | Clear long-term goals |
| Year | Bearish Case (USD) | Bullish Case (USD) | Rationale |
| 2025 | $0.0050 | $0.0095 | Anticipated crypto market recovery and increased exchange listings |
| 2026 | $0.0065 | $0.0110 | Expansion into new markets and growing community engagement |
| 2027 | $0.0230 | $0.0560 | Enhanced utility and potential strategic partnerships |
| 2028 | $0.0530 | $0.0860 | Broader adoption and integration into decentralized applications |
| 2029 | $0.0120 | $0.0200 | Maturation of the ecosystem and sustained user growth |
| 2030 | $0.1100 | $0.2500 | Establishment as a notable player in the meme coin segment |
Year-by-Year Breakdown
- 2025: TURBO is projected to trade between $0.0050 and $0.0095, influenced by the overall crypto market recovery and increased visibility from new exchange listings.
- 2026: With efforts to expand into new markets and a growing community, the price could range from $0.0065 to $0.0110.
- 2027: As TURBO enhances its utility and potentially forms strategic partnerships, it may see prices between $0.0110 and $0.0250.
- 2028: Broader adoption and integration into decentralized applications could drive the price to $0.0530–$0.0860.
- 2029: With the ecosystem maturing and sustained user growth, TURBO might trade between $0.0820 and $0.1100.
- 2030: Establishing itself as a notable player in the meme coin segment, TURBO’s price could reach $0.1100–$0.2500.
Conclusion
In conclusion, while Turbo has the potential for significant growth driven by its unique AI-driven origins and community engagement, investors should remain cautious of its inherent volatility and the speculative nature of memecoins. As the cryptocurrency market continues to evolve, Turbo’s ability to sustain interest and adapt will be crucial in determining its future trajectory.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse from any loss from such transactions.
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Anush is a crypto researcher dedicated to making blockchain insights clear and accessible. A proud Solana maxi who still appreciates a good Layer 2 debate, he dives deep into market trends so others don’t have to (but really should). Passionate about simplifying crypto, he strives to make the space less intimidating and a lot more relatable, one report at a time.
