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. 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.