Turbo (TURBO) has been one of the hottest meme coins this week, surging over 50% since last Wednesday.
However, can it keep rallying, or is there a pullback on the horizon?
At the same time, a new meme coin, Pepe Unchained (PEPU), is going viral in its presale.
And some traders speculate it could be the next to explode after TURBO.
TURBO Price Soars – What’s Behind All the Bullishness?
Let’s take a closer look at Turbo’s recent surge.
This AI-generated meme coin has been drawing praise, and it’s easy to see why.
TURBO was created from a ChatGPT experiment with a tiny budget since the team set out to show that AI could make the next big crypto star.
Fast forward to now, and TURBO is sitting at $0.109.
While it’s down slightly from yesterday’s all-time high of $0.0133, don’t be fooled – the bulls are still firmly in control.
Spot volumes have jumped 25%, hitting $424 million, making TURBO the seventh most traded meme coin globally.
That’s higher than Bonk (BONK).
And over the past week, TURBO has been one of the best performers out of all the established meme coins.
So, what’s behind this price spike?
There doesn’t seem to be a clear catalyst, with most traders putting it down to FOMO.
Whatever the reason, TURBO is showing that older meme coins can still produce enormous returns for holders.
Can TURBO Keep Climbing & Hit New Highs?
Where might TURBO be headed next?
Its bullish ride might be far from over.
Just yesterday, TURBO hit a key milestone – 40,000 wallets.
It’s also outperformed other frog-themed meme coins lately, which isn’t bad considering all the hype around PEPE and FWOG.
With 65 billion out of 69 billion tokens already in circulation, scarcity could soon come into play.
But the charts are where TURBO really shines.
A bull flag is forming on the 1-hour timeframe, suggesting we might see a sideways correction before another breakout.
According to Fibonacci levels, there could actually be a slight pullback to around $0.010.
After that, TURBO might bounce up to $0.0158 – another 44% gain.
Of course, such a rise isn’t guaranteed.
The market needs to stay bullish for this to play out, so while the potential is there, it’s still wise to approach TURBO with caution and not get swept up in the hype.
Will Pepe Unchained Pump Higher After Raising $19.8M in Presale?
Alongside TURBO, another meme coin has been performing well: Pepe Unchained.
This new coin is looking to disrupt the meme model entirely.
The team’s vision centers around creating their own Layer-2 blockchain, the Pepe Chain.
Imagine a network designed just for meme coins, offering transactions 100 times faster than Ethereum and low fees.
It’s almost like a superhighway for joke tokens.
This setup is what sets Pepe Unchained apart from coins like TURBO – real-world utility.
While TURBO benefits from AI-driven hype, Pepe Unchained delivers a fully developed blockchain ecosystem.
Not only that, but the whitepaper outlines plans for a decentralized exchange, a block explorer, and an instant bridge to Ethereum.
No wonder the project’s presale has raised over $19.8 million.
That’s a clear sign that there’s serious demand building up.
When PEPU hits the open market, that demand could prompt an explosive price rally.
Members of Pepe Unchained’s Telegram community believe that will be the case.
Plus, with over 42,000 people now following the project on Twitter, there’s a growing online buzz that could translate into huge buying pressure.
Ultimately, TURBO might have the current momentum, but Pepe Unchained has a solid plan and real utility.
That could be the perfect formula for the next big breakout.
Visit Pepe Unchained Presale
