Over the past month, the AI-created memecoin Turbo has grown by 990% according to CoinMarketCap. In the last week alone, its growth amounted to almost 200%. On May 30, 2024, the coin’s price jumped to $0.007586 before falling 22% later that day. At the time of writing, Turbo is trading at $0.0067 with a market capitalization of $422.8 million. Just a day ago, Turbo’s capitalization has reached $600 million.
Source: CoinMarketCap
What is Turbo?
The Turbo memecoin was created in 2023 as a joke, using ChatGPT. Digital artist Rhett Dashwood asked AI to create a token with a budget of only $69. That’s how Turbo was born.
From the outset, Turbo became a popular cryptocurrency with a large online community due to the artificial intelligence trend. Within just two weeks of its creation, Turbo’s market capitalization soared to $50 million.
Turbo crypto price prediction
What new heights can we expect from Turbo in the future? Let’s turn to the Turbo token price prediction.
Turbo coin price prediction: short-term outlook
Coincodex predicts that Turbo’s price will increase by 211.59%, reaching $0.020306 by June 29, 2024. Technical indicators show a bullish sentiment, and the Fear&Greed Index indicates 73 (Greed). Turbo has seen 21 out of 30 green days, with price volatility of 109.97% over the past month. Considering this forecast, it seems like a good time to buy Turbo.
What does the future hold for Turbo in the long term?
Turbo price prediction 2024
According to CoinCodex price prediction for 2024, Turbo is expected to trade between $0.006517 and $0.029042. If it hits the upper target, it could surge by 345.56% to reach $0.029042. From the other side, Wallet Investor predicts that by the end of 2024, Turbo’s maximum price is expected to reach only $0.00691.
Turbo price prediction 2025
Based on our Turbo price forecast, CoinCodex anticipate Turbo to trade between $0.006517 and $0.029042 next year. If Turbo reaches the higher target of $0.029042, it could surge by 345.29%. However, according to Wallet Investor’s projection, Turbo’s price by the end of 2025 might only rise to $0.009010.
Turbo price prediction 2030
Turbo price prediction for 2030 ranges from $0.01455 to $0.023592. If memecoin achieves the upper target, that would represent a gain of around 261.67% from today’s price.
FAQs
Is Turbo a good investment?
Based on the provided price predictions, Turbo presents a good investment opportunity. Short-term forecasts indicate a notable surge, with Coincodex projecting a 211.59% increase to $0.020306 by June 2024. Longer-term outlooks are equally promising, with a potential price to reach $0.029042 by 2024 and $0.023592 by 2030, according to Coincodex’s predictions.
Will Turbo reach $0.01?
According to CoinCodex price expectations, Turbo will hit $0.01 in June 2024.
Should I invest in Turbo crypto?
Cryptocurrencies are very volatile assets, and Turbo is no exception. Our price prediction only confirms this. Before investing in any crypto, assess the market situation and consider the risks you’re ready to accept. Whether to invest or not invest, your decision should be deliberate.
