TURBO is a meme coin created by artificial intelligence for humanity. This MEME operates on ERC.
TURBO debuts on Coinbase: Sets a new historical price record for Turbo
Soared to an all-time high after listing on Coinbase. The listing resulted in a 58% price increase, with TURBO's market cap reaching $995 million at one point. After hitting a new high, TURBO experienced a slight pullback, and is currently trading at $0.0122, with the stock price first surging to a new high near $995 million, then retreating to $866 million, indicating profit-taking after the rebound.
The 100-day moving average is approximately $530 million, which is a key support level. An increase in trading volume indicates growing market interest. If Turbo maintains above $865 million, it may indicate strong strength and lead to a rise in stock prices, aiming for unknown territories. Consolidation near the peak may precede further fluctuations.
The increasingly bullish sentiment surrounding meme coins has traders looking for potential opportunities in tokens listed on major exchanges like Coinbase and Binance. With the adoption rate of meme coins continuously rising, the industry's influence on the broader cryptocurrency market remains significant.
Characteristics of meme coins:
Community-driven: Most meme coins have active community support, especially on social platforms like Twitter, Reddit, and Telegram. The enthusiasm of the community often drives the prices of these tokens up.
High volatility: Meme coins typically exhibit extremely high volatility, with price increases that can be astonishing, but also carry significant risks.
Highly speculative: While these coins attract a large number of speculators in the crypto market, their long-term value remains uncertain.#加密市场反弹
$turbo