Binance Lists AI-Generated Memecoin TURBO for Perpetual Futures Trading 🚀🤖
The cryptocurrency project known as TURBO, launched in 2022, stands out as the first to be developed using artificial intelligence. Starting today, May 30th, 2024, at 15:30 UTC, Binance Futures has announced the listing of USDT-margined perpetual futures for TURBO. These contracts are now live, enabling traders to leverage TURBO positions up to 50 times, thereby expanding the trading options on the platform.
This announcement follows a 14% price surge for TURBO in the last hour, likely driven by the anticipation of its increased accessibility via perpetual contracts.
TURBO, introduced in 2022, proudly holds the title of being the first cryptocurrency project developed with the assistance of artificial intelligence, specifically ChatGPT-4. This ERC-20 token emphasizes community engagement with tax-free transactions and a decentralized governance model.
The project's creator relinquished ownership of the smart contract, transferring responsibility for the project's future to its community of users.
Binance's listing of TURBO perpetual contracts highlights the exchange's recognition of the ongoing memecoin trend. Before being listed on Binance, TURBO was already available for trading on other cryptocurrency exchanges such as OKX, Gate.io, and HTX. The fact that Binance is now offering TURBO to a wider audience suggests it already has a significant user base. With a current market capitalization of $424 million, TURBO is classified as a mid-cap cryptocurrency.
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