#MemecoinSentiment

ChatGPT-generated memecoin achieves a market capitalization of $638 million

The Turbo memecoin has experienced a remarkable increase of over 2,000% in the past three months, elevating its market cap beyond $600 million.

This memecoin, developed using the widely recognized OpenAI chatbot ChatGPT with an initial investment of $69, has reached a valuation of $638 million a year after its initial launch.

On May 28, the price of the memecoin known as Turbo soared to a new all-time high of $0.009302. This surge propelled the market capitalization of the meme token to approximately $638 million.

The meme token has witnessed substantial growth over the last three months, rising from a valuation of $27 million to over $600 million. This represents a staggering 2,262% increase in market capitalization within the last 90 days.

At present, the token's price is around $0.009158, which is 6.9% lower than its peak value. Nevertheless, the memecoin has appreciated by 13,192.3% compared to its all-time low of $0.00006518 recorded in September 2023.