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TURBO Meme Coin Soars 116% in October: Records New All-Time High

TURBO, an ERC-20 meme coin on Ethereum created using ChatGPT, saw a significant increase in trading volume, reaching over $1.4 billion in one week. The price of TURBO also reached a new all-time high at $0.012, but a crypto whale has started taking profits. TURBO started with just $69 but now has a market capitalization exceeding $800 million, making it the 17th largest meme coin by market cap. However, the price has corrected by over 11% from its ATH and is currently trading around $0.0116 USD. Other meme coins are also gaining attention, with 10 of the top 100 crypto projects being meme coins. Despite the risks, investors continue to show interest in meme coins, as seen in the increase in searches for "meme coins" in October.

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