The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million.
A memecoin created using the popular OpenAI chatbot ChatGPT with an initial budget of $69 reached a valuation of $638 million over a year after it was first deployed.
On May 28, prices for the memecoin called Turbo surged to a new all-time high of $0.009302. This boosted the meme token’s market capitalization to about $638 million, according to coin information tracker CoinGecko.
The meme token saw significant gains in the last three months, catapulting from a $27 million valuation to over $600 million. This indicates a 2,262% increase in market capitalization over the past 90 days.
