Turbo, a meme coin project on the Ethereum network featuring a toad in an astronaut helmet, stands out from the crowd. Unlike typical meme coins, Turbo began as an experiment to answer the question: “Can ChatGPT create a fully functional meme coin?” Rhett Mankind, the project’s creator, embarked on this journey with a mere $69, turning Turbo from a simple experiment into a groundbreaking AI-powered success story in the crypto market.
Table Content:
- The Genesis of Turbo: An Experiment in AI-Driven Crypto
- From Concept to Creation: ChatGPT’s Guiding Hand
- Overcoming Obstacles: Community Support and a Resurgence
- Unexpected Success: From Experiment to Phenomenon
- Turbo Token: Key Metrics and Allocation
- Key Metrics:
- Token Allocation:
- Trading TURBO: Exchange Options
- The Team Behind Turbo
- Similar Projects
The Genesis of Turbo: An Experiment in AI-Driven Crypto
Rhett Mankind, a 20-year veteran AI artist involved in crypto since 2013, found himself disillusioned with the mundane realities of his profession. The 2022-2023 crypto downturn further exacerbated this sentiment. On April 24, 2023, seeking a creative outlet, Rhett publicly documented his experiment on Twitter: using $69 and the power of ChatGPT (GPT-4 model) to create a meme coin capable of reaching the top 300 on CoinGecko.
From Concept to Creation: ChatGPT’s Guiding Hand
Following Rhett’s prompt, ChatGPT first brainstormed ten meme coin themes. Community voting overwhelmingly favored “Turbo Toad” (ticker TTT).
With Rhett’s artistic input and the assistance of the AI image generator MidJourney, the visual identity of Turbo Toad was born. ChatGPT then proceeded to generate the smart contract, outlining fundamental mechanisms, defining tokenomics, and guiding the creation of a comprehensive whitepaper.
Overcoming Obstacles: Community Support and a Resurgence
Community members even contributed to auditing Turbo’s code. However, a significant hurdle emerged on day three. Upon establishing the liquidity pool on Uniswap with the initial $69, a bot instantly purchased the entire supply. This seemingly brought the experiment to a premature end. Undeterred, Rhett consulted ChatGPT, which suggested raising funds from the crypto community, rebranding with a new token and contract, and revising the tokenomics. The community rallied behind this proposal, contributing 3.5 ETH (approximately $6,669) from 50 individuals. The project was reborn as Turbo (ticker TURBO).
Unexpected Success: From Experiment to Phenomenon
By day five, Rhett had distributed TURBO tokens to the initial investors, concluding the experiment. However, Turbo’s journey was far from over. Community-led liquidity provision fueled explosive growth. Within a month, Turbo boasted impressive metrics:
- Holder count surged from 50 to 16,000.
- Market capitalization exceeded $100 million.
- Trading volume reached $84 million.
Turbo’s unexpected success led to a heartfelt, unedited thank-you video from a deeply moved Rhett. Initially, the experiment garnered limited attention. However, its culmination sparked widespread interest and community support, ultimately transforming Rhett’s life despite his long-standing presence in the crypto space. Turbo’s momentum continued, culminating in its listing on Binance, the world’s largest cryptocurrency exchange, on September 16, 2024.
Turbo Token: Key Metrics and Allocation
Key Metrics:
- Token Name: Turbo
- Ticker: TURBO
- Blockchain: Ethereum
- Contract: 0xa35923162c49cf95e6bf26623385eb431ad920d3
- Total Supply: 69,000,000,000 TURBO
Token Allocation:
- Crowdfunding: 86.95% (60,000,000,000 TURBO)
- Founder: 13.05% (9,000,000,000 TURBO)
Trading TURBO: Exchange Options
TURBO is readily available for trading on:
- Centralized Exchanges (CEXs): Most major CEXs, including Binance, OKX, and Bitget, support TURBO trading.
- Decentralized Exchanges (DEXs): TURBO can be traded on Uniswap.
The Team Behind Turbo
Rhett Mankind remains the driving force behind Turbo, actively engaging with the community.
Similar Projects
- BOME: A Solana-based meme coin that gained notoriety for its pre-sale model, reaching a $300 million market cap within two days of launch.
- NEIRO: An Ethereum-based meme coin featuring Neiro, the dog owned by Kabóu, the owner of Dogecoin.
