The digital token created with ChatGPT grew by more than 2,260%

Editor’s note: not financial advice!

Turbo, a meme-coin created with the ChatGPT chatbot by OpenAI, has skyrocketed in value. Yesterday, May 28, Turbo’s price jumped to an all-time high of $ 0.9 302, increasing its market capitalization to about $ 638 million, according to CoinGecko. Over the past three months, Turbo’s market capitalization has increased by as much as 2,262%.

Turbo’s success reflects a broader trend in the cryptocurrency market, where meme coins are rapidly gaining popularity. After a month of low activity, the market for humorous crypto assets is booming, with coins such as CorgiAI, Turbo, and Grok attracting more and more users.

The mania in the meme coin sector has certainly played a role in Turbo’s success. According to the crypto asset’s developers, the meme-coin is focused on community, innovative use of artificial intelligence, and a transparent distribution model.

Currently, Turbo is traded on Gate. io, MEXC, and OKX crypto exchanges and has high liquidity and trading volumes. Its total turnover is $ 69 billion.

However, investors should be aware of the risks. The excitement around meme coins may fade, potentially leading to significant losses when demand for them declines.

No Worries strongly advises readers not to invest in little-known digital assets and dubious cryptocurrency projects!