In just three months, Turbo #memecoin🚀🚀🚀 soared to a market capitalization of $600 million.
This coin, created by digital artist Rhett Mankind using #GPT-4 , was launched with an initial investment of only $69. #turbo is designed with a decentralized structure, free from human oversight. "Everything I did was aimed at decentralizing this," Mankind stated. "I'm not in control, and I think that's the beauty of this project. It kind of blew up because I'm not running things," he explained.

Mankind utilized AI to develop the smart contract code, tokenomics, and technical documentation for the Turbo community. Over the past three months, the market cap of Turbo #Memecoin🤑🤑 has exceeded $600 million, marking one of the most remarkable growth trajectories in the memecoin sector. This surge coincides with increased interest in AI-driven ventures within the crypto community.

AI-powered platforms create autonomous agent networks and leverage advanced algorithms for market predictions. Technologies like GPT-4 enhance smart contract development, offering greater security and efficiency in blockchain applications. Through the Turbo ecosystem, Mankind showcases the potential of artificial intelligence in establishing a self-regulating community.

According to #CoinMarketCap , Turbo memecoin is currently priced at $0.008492, with an impressive increase of over 550 percent in the last seven days.
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5 Billion dollar transfer created panic: Bitcoin is in decline!

Bitcoin (BTC) fell 2 percent after wallets belonging to the collapsed crypto exchange MtGox moved 75 thousand 21 BTC worth approximately $ 5 billion to an unknown wallet

Bitcoin (BTC) fell 2 percent after wallets belonging to the collapsed crypto exchange MtGox moved 75,021 BTC, worth approximately $5 billion, to an unknown wallet.

The frightening transfer in Bitcoin, defunct crypto exchange Mt. Gox's plan to return BTC assets to creditors before October. X account Whale Alert, known for its onchain data, revealed four onchain statistics ranging from 3,999 BTC to over 16,500 BTC in May 28 X posts

Blockchain research firm Arkham Intelligence found that from 01:41 to 02:54 UTC on May 28, multiple Mt. Gox cold wallet, including a total of 21 transfers, most of which moved 2,000 BTC at once.

Mt. Gox moved an additional 32,137 BTC to the same address at 04:11 UTC, bringing its total holdings to over $5 billion worth of Bitcoin. All transactions pointed to a single inactive address. Arkham, Mt. Gox still owns approximately 138,000 #BTC worth over $9.36 billion.

Mt. Gox's trustees, Nagashima Ohno and Tsunematsu, did not immediately respond to questions about where and why Bitcoin was moved. Bitcoin, Mt. Gox fell about 2 percent following BTC's move and is now trading at $67,875, up from $69,374 at the time of the initial transfer, according to #CoinMarketCap .

Last month, K33 Research analysts at Mt. Gox era warned that Bitcoin's movement would scare the market and create pressure on the market. Mt. Gox's final refund date is October 31. Trustees began contacting creditors in January to verify their identities and switch accounts for repayment.
$BTC

We are thrilled to announce that HoldWallet has reached 20,000 followers on CoinMarketCap! 🚀

Thank you to our incredible community for your continuous support and trust. This milestone is a testament to our shared journey towards making HoldWallet the best platform for crypto enthusiasts.

Stay tuned for more updates, events, and rewards as we continue to grow together.

#HoldWallet #CoinMarketCap #Milestone #CryptoCommunity

🌟 Thank you all for being a part of this journey! 🌟

Received an investment of 150 million dollars: It took flight!

Degen (DEGEN), created by the Farcaster community, rose 17 percent after the blockchain-based social platform confirmed it had raised $150 million in its latest funding round.

Created by the Farcaster community, Degen (DEGEN) rose 17 percent after the blockchain-based social platform confirmed it had raised $150 million in its latest funding round.

The Series A round was led by venture firm Paradigm, with participation from Andreessen Horowitz, Haun, USV, Variant and Standard Crypto.  Farcaster founder Dan Romero said in a May 21 post that the funds “will support our work on Farcaster for many years to come.”

“Farcaster is a fledgling but rapidly growing protocol,” Jesse Walden, co-founder and general partner of Variant Fund, wrote in a May 21 statement.  Meanwhile, Romero said the increase will help the protocol attract more users. He stated that since October, Farcaster has achieved “350,000 paid registrations and a 50x increase in network activity.”

He added that the platform will focus on increasing daily active users and adding “developer primitives” such as channels and direct messaging to the protocol. DEGEN, created by the Farcaster community and not the official token of the protocol, rose 17 percent on the investment news and is currently trading at $0.023, according to #CoinMarketCap .

In January, Farcaster Degen channel regular Jacek Trociński launched DEGEN as a community memecoin, airdropped as rewards to users who write good content or engage with posts. The token has since taken on a life of its own, paving the way for Trociński to launch a meme coin-focused layer-3 blockchain on Base called the DEGEN chain, which uses #Degen as its native gas token.

Top Coins of the 6-7 February 2023...
Source : #CoinMarketCap #Coingecko #CryptoRank

#Binance #crypto2023

Top Trending Coin of the day : 30-31st January2023
Source- #CoinMarketCap #CryptoRank #Coingecko #Binance #crypto2023