Turbo: everything you need to know about TURBO
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Turbo facts
Abbreviation
TURBO
Category
Meme-token
Founder(s)
Rhett Mankind
Blockchain
Ethereum
Protocol
ERC-20
Launch date
2023
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What is Turbo?
Turbo is an innovative cryptocurrency that started as a meme token, inspired by popular coins like Dogecoin and Shiba Inu. What sets Turbo apart is that the development of the project was partially driven by artificial intelligence (AI). The founder used AI to get advice on the development and strategy of the coin. This gives Turbo a special place within both the crypto and tech world, where AI is gaining more and more influence.
How does Turbo work?
Turbo operates on the Ethereum blockchain and uses smart contracts to automate transactions and other functionalities within the network. This makes it a decentralized currency without intermediaries, allowing users to trade directly with each other. Turbo is designed for fast and cheap transactions, with a focus on user-friendliness.
The TURBO token
Turbo has a fixed supply of 69 billion tokens, all of which have already been issued. This means that there is no inflation within the ecosystem. Turbo tokens are traded on various decentralized exchanges (DEX's) and can be used for staking, trading, and other DeFi applications.
The technology behind Turbo.
Turbo uses the ERC-20 protocol on the Ethereum blockchain, which provides a solid and secure foundation. What sets Turbo apart is the use of AI in the design phase. Artificial intelligence played a significant role in optimizing smart contracts and streamlining the network, allowing the project to be set up faster and more efficiently than many of its competitors.
The Turbo ecosystem.
The ecosystem of Turbo comprises a community of users and developers who are constantly working on new applications for the currency. AI tools are used to accelerate the growth of the ecosystem by predicting which new features or collaborations will be most valuable. This enables Turbo to continue innovating and adapting to the rapidly changing crypto market.
€0.007327▼6.53%
Benefits of Turbo
- AI-optimized development: Thanks to AI, Turbo has had a strategic advantage from the beginning in terms of tokenomics and network structure.
- Low transaction costs: Due to the use of the Ethereum blockchain, Turbo's transaction costs are relatively low.
- Decentralization: Turbo operates without intermediaries, giving users full control over their tokens.
Disadvantages of Turbo
- Volatility: Just like many other cryptocurrencies, Turbo is subject to price fluctuations.
- Competition: Although Turbo AI is being used, the meme token market is very competitive, making it difficult to stand out in the long term.
Who is the founder of Turbo?
Turbo was created by Rhett Mankind, who uniquely used artificial intelligence (AI) to make strategic decisions about the project. Mankind used AI tools to guide the development of the coin, such as determining the right token structure and growth strategies. This makes Turbo a groundbreaking project in the crypto world, where technology, innovation, and AI are central.
Expectations for the coming period
Experts expect a minimal price of €0.0227 and a minimum price of €0.0755 in 2031.
Turbo price in the last 24 hours
View all key statistics of the past 24 hours here.
€0.007258
€0.008144
€0.007176
Market information
Use these figures to get a better picture of the Turbo market.
€200.8 million
€500.9 million
69 billion
€0.0121
Turbo Return On Investment
See how much the price has risen or fallen over the years.
Historical Turbo price
Here you can see Turbo's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
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Most popular crypto currencies today
Frequently asked questions
Turbo doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Turbo is €0.007327.
You can easily buy Turbo on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Turbo and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of TURBO is expected to continue rising steadily in the coming years. For instance, the price of Turbo is predicted to reach €0.0199.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in TURBO. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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