Will Turbo become the second Shib?
The main narrative of this round of bull market cycle is meme coins. Will Turbo become the second Shib after landing on Binance?
1. Turbo is an ETH chain meme coin. It was issued on April 27, 2023, with a total of 69 billion, 64.5 billion in circulation, a market value of about 340 million US dollars, and landed on 47 exchanges.
2. Turbo is the first meme coin generated by Chatgpt, a combination of AI and blockchain. Because it is the first AI product and has unique ideas, it has a benchmark significance.
3. Turbo is sought after in Europe and the United States. It was created by a father who wanted to give his daughter better living conditions. With the help of chatgpt, he created this coin with the help of the community. It has a strong grassroots cultural attribute.
4. Turbo is the first attempt to combine blockchain with artificial intelligence. After a 90% drop since its listing, it has risen more than 100 times (now it should be hundreds of times), showing strong resilience.
Therefore, Turbo may have better narrative attributes, and after landing on Binance Exchange, Turbo has been further provided with better liquidity support.
From the weekly chart, turbo is obviously stronger than other secondary market Meme coins, and the Macd indicator is in a golden cross state.
Also of concern is the primary market meme coin Marvin (ending with 7055), whose narrative is mainly about Musk's dog Marvin, and November 1 is the 10th birthday of Marvin dog, and Musk tweeted to celebrate the enhanced expectations.
Secondly, the Marvin (ending with 7055) community donated 9.6 billion tokens to Vitalik Wallet, accounting for more than 2% of the 420 billion tokens, and is now worth more than 100,000 US dollars, ranking at the forefront of V Money Wallet's donated tokens.
Finally, it has recently landed on two exchanges, Matcha and Hibt, and Sesame Exchange has also continued to build positions, exceeding 10 billion tokens, accounting for about 2.5 of the total tokens, ranking first in the current coin holding list.
