$TURBO — meme coin on Ethereum, created using GPT-4 by artist Rett Mankind. The project launched with $69, without a team and taxes.
Total supply: 69 billion
Distribution: 87% — crowdfunding, 13% — to the creator
Features: decentralization, renouncement of contract ownership
Price (May 2025): ~$0.0054
Market capitalization: ~$373 million
Website: turbotoken.io
Crowdfunding is a way to raise funds for a project from a large number of people, usually via the internet.
In the context of TURBO, this means:
87% of all tokens were purchased by ordinary users during the public launch (sale), and not pre-allocated to developers or investors.
This means that the coin was initially distributed as fairly and openly as possible through the market.
