Turbo Price Prediction 2025: TURBO Price Analysis Shows AI Meme Coin Could Benefit
Key Takeaways
- Turbo began as an experimental project based on the GPT-4 AI platform.
- The TURBO price has jumped by more than 8,000% over the last 12 months.
- Our price prediction says it could reach one cent in 2025.
Turbo began as an experimental project when GPT-4 was allocated $69 to create a memecoin. However, it underwent a 2,000% surge in 2024.
After peaking at $0.00978 on May 29, the price has fallen as interest cools off. On Oct. 8, 2024, TURBO was worth $0.0067.
Let’s take a look at our Turbo price predictions, made on Oct. 8, 2024. We will also examine the Turbo price history and talk a little about what it is and does.
Turbo Price Prediction
Let’s examine some of Turbo’s price predictions CCN made on Oct. 8, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
| Minimum TURBO Price Prediction | Average TURBO Price Prediction | Maximum TURBO Price Prediction | |
|---|---|---|---|
| 2024 | $0.0008 | $0.0048 | $0.0071 |
| 2025 | $0.0015 | $0.0055 | $0.01 |
| 2030 | $0.005 | $0.02 | $0.05 |
Turbo Price Prediction 2024
The price predictions for TURBO in 2024 reflect a cautious yet optimistic outlook following its significant rise and subsequent corrections. The minimum price of $0.0008 accounts for potential bearish movements and market corrections that may occur as investors react to earlier gains. The average price of $0.0048 assumes a gradual recovery as TURBO stabilizes and possibly re-establishes upward momentum. In contrast, the maximum price of $0.0071 is based on the potential for a breakout above previous resistance levels, driven by renewed investor interest.
Turbo Price Prediction 2025
The predictions suggest a continued upward trajectory for TURBO in 2025, with a minimum price of $0.0015 reflecting the possibility of short-term setbacks or corrections. The average price of $0.0055 indicates a more sustained recovery and growth as the market matures and TURBO gains traction among investors. The maximum price of $0.01 is achievable if TURBO captures significant market interest and experiences a strong bullish trend aided by broader cryptocurrency market growth.
Turbo Price Prediction 2030
By 2030, the price predictions indicate a more established position for TURBO in the market, with a minimum price of $0.005 reflecting a baseline of stability amidst potential fluctuations. The average price of $0.02 suggests that TURBO could achieve substantial adoption and integration bolstered by technological advancements and user engagement. The maximum price of $0.05 is based on the potential for significant growth as the cryptocurrency ecosystem evolves, with TURBO possibly becoming a prominent player in its niche.
Turbo Price Analysis
TURBO began its uptrend at $0.00047 in late April, reaching nearly $0.01 by late May—a nearly 1,800% increase—before entering a bearish phase.
The price fell to $0.003 on July 5, retesting this level on Aug. 5 and forming a higher low of $0.0032 on Sept. 6.
A new bullish phase commenced with a breakout above resistance, peaking at $0.0071 on September 28.
However, on Oct. 3, the price dropped to $0.0047, retesting broken resistance as support. Following this, TURBO bounced back with a 33% rise, returning to its prior high, but faces potential horizontal resistance.
Short-term Turbo Price Prediction
Analyzing the hourly chart reveals that the last rise may complete a five-wave pattern. The recent high is considered the B wave of a lower-degree ABC correction. Following a retest of descending resistance for support, the completion of wave four suggests that wave five may only revisit its prior high.
Regardless, we anticipate another downturn for the first correction in this bullish phase. If an ABC pattern forms to the 0.618 Fibonacci level, TURBO could drop 32% to a target of $0.0048.
The Turbo price prediction for the next 24 hours all depends on how this downturn takes place.
Turbo Average True Range (ATR): TURBO Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels. On Oct. 8, 2024, Turbo’s ATR was 0.000158, suggesting average-to-high volatility.
Turbo Relative Strength Index (RSI): Is TURBO Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Oct. 8, 2024, the Turbo RSI was at 60, indicating a mostly bullish sentiment gearing toward being nearly oversold.
Turbo Price Performance Comparisons
How Do We Make a Turbo Price Prediction?
Our price prediction for Turbo combines technical analysis tools and recognizes the logic in price cycles. We usually use the Relative Strength Index, Fibonacci, and other main technical analysis tools. Applied to the Turbo-specific time-frames and its price history, we can come up with the targets, but the further we project, the less accurate they are. This is because they depend on what happens in between.
Best Days and Months to Buy Turbo
We looked at the Uniswap price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, suggesting the best times to buy UNI.
| Day of the Week | Friday |
| Week | 50 |
| Month | May |
| Quarter | Fourth |
Turbo Price History
Following that, let’s now take a look at some of the key dates in the Turbo price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Turbo price prediction.
| Time period | Turbo price |
|---|---|
| Last week (Oct. 1, 2024) | $0.00616 |
| Last month (Sept. 8, 2024) | $0.003677 |
| Three months ago (July 8, 2024) | $0.004672 |
| Last year (Oct. 8, 2023) | $0.00007738 |
| Launch price (May 5, 2023) | $0.0003172 |
| All-time high (May 29, 2024) | $0.009450 |
| All-time low (October 15, 2023) | $0.00007042 |
Turbo Market Cap
The market capitalization, or market cap, is the sum of the total number of TURBO in circulation multiplied by its price.
On Oct. 8, 2024, Turbo’s market cap was $442 million, making it the 211th-largest crypto by that metric.
Who Owns the Most TURBO Tokens?
On Oct. 8 2024, a wallet held more than 13% of the supply of TURBO.
Richest TURBO Wallet Addresses
On July 23, 2024, the five wallets with the most TURBO were:
- 0x3d8fc1cffaa110f7a7f9f8bc237b73d54c4abf61. This wallet held 9,073,872,362 TURBO , or 13.15% of the supply.
- 0x6cc5f688a315f3dc28a7781717a9a798a59fda7b. This wallet, listed as OKX, held 8,408,511,124 TURBO , or 12.19% of the supply.
- 0x0529ea5885702715e83923c59746ae8734c553b7. This wallet held 6,807,986,040 TURBO , or 9.87% of the supply.
- 0x211daf53d67c9bef19336864c10675b99a699da4. This wallet held 4,510,000,000 TURBO , or 6.54% of the supply.
- 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 3,331,913,654 TURBO , or 4.83% of the supply.
Turbo Supply and Distribution
| Supply and Distribution | Figures |
|---|---|
| Maximum Supply | 69,000,000,000 |
| Circulating supply (as of Oct. 8, 2024) | 64,490,000,000 (93.46% of maximum supply) |
| Holder distribution | Top 10 holders owned 57.38% of supply as of Oct. 8, 2024. |
From the Turbo Whitepaper
In its technical documentation, or whitepaper , Turbo – seemingly with the help of AI – explains its backstory. It adds: “Turbo Token embraces a unique approach to our development and future direction: a community-driven roadmap. TURBO thrives on the vibrant creativity and diverse insights of our community, comprising artists, collectors, and digital art enthusiasts. This approach ensures our roadmap is adaptable and also highly responsive to the ever-changing landscape of digital art and culture.”
Turbo (TURBO) Explained
Turbo is the first-ever meme coin created by artificial intelligence (AI). The token began as an experiment. The project’s founder asked GPT-4 to create a meme coin, and it came up with Turbo.
How TURBO Works
TURBO is an ERC-20 token with a total supply of 69 billion tokens. It features no transaction fees and is governed by the community. The token currently lacks a use case beyond pure speculation.
Is Turbo a Good Investment?
It is hard to say. The coin has been around for about a year, and its price has notably increased over recent weeks. Even though it has risen recently, it’s now a bit down from its all-time high, reached on May 29, 2024. However, most of its future depends on several factors.
It is also worth noting that AI has recently deserved a well-earned reputation for being less useful than its proponents make it out to be. With the Turbo whitepaper containing several give-away phrases that suggest it was not written by a human, investors who want crypto with some human input could look elsewhere.
As always with crypto, you should do your own research before deciding whether or not to invest in Turbo.
Will Turbo go up or down?
No one can really tell right now. While the Turbo crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Should I invest in Turbo?
Before you decide whether or not to invest in Turbo, you will have to research TURBO and other related coins and tokens, such as Dogecoin (DOGE) and Floki (FLOKI). Either way, you must also ensure you never invest more money than you can afford to lose.
FAQs
Will TURBO reach $0.01?
It might do. The best-case Turbo price prediction suggests it could reach one cent as soon as next year.
What is Turbo used for?
TURBO is an ERC-20 token that features no transaction fees and is governed by its community. The token currently lacks a use case beyond pure speculation.
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
