Turbo Price Prediction: Turbo Pumps 61% in a Week, Buy Now or Wait?

Coinpedia · 2024-10-16T12:43:12.000Z

The post Turbo Price Prediction: Turbo Pumps 61% in a Week, Buy Now or Wait? appeared first on Coinpedia Fintech News Turbo is up this week as the crypto market turns bullish and Bitcoin crosses $67K. But with its price at a 61% week-on-week premium, should you buy, or are there better options on the market? Turbo Primed For Gains, But Analysts Warn Of Near-Term Reshuffling Long-term gains are written in the stars, but what happens short term remains to be seen. On the one hand, community members are convinced that a Coinbase listing is imminent, which would undoubtedly spark a price rally. Countless users have posted about this on X, with many referencing its sky-high trading volume. Rumors that coinbase is buying up $TURBO pic.twitter.com/hT8cCUOJgf — CryptoJulio (@CryptoJulio561) October 13, 2024 Currently, Turbo holds an $805 million market cap and a $407 million 24-hour trading volume. This gives a volume-to-market cap ratio of 50.38% and signals that traders are highly interested. Moreover, it’s just $120 million away from the trading volume of Shiba Inu, which has a market cap over 10x higher. The Turbo community is clearly active, which is a key driver in meme coin price appreciation. Also, the Turbo holder count has just crossed 40,000, having steadily risen higher over the past month. This is another positive sign, showing a growing interest in the token. But with its price up 61% this week, is this a good time to buy? On a higher time frame, we can expect Turbo to climb in tandem with the rest of the market. According to the four-year cycle thesis, experts believe the crypto market will explode over the next 12 months. Bitcoin 4 Year Cycle Explained pic.twitter.com/LecCHGtgQw — Altcoin Daily (@AltcoinDailyio) October 11, 2024 But in the near term, Turbo’s price may be overextended and require a cooling-off period. Analyst Man Of Bitcoin used the Elliot Wave theory and Fibonacci levels to predict a potential local top of around $0.015, followed by an Elliot Wave 4 retracement to between $0.009 and $0.0054, then a fifth wave that will explode toward $0.032 before the year’s end. $TURBO price is likely in wave-C of (3). It already reached the 1.236 Fib extension level. Next upside target at $0.0138.I added a support region for a wave-(4) pullback if is occurs from here. Support is between $0.009 and $0.0054. pic.twitter.com/lIOK3vrhhF — Man of Bitcoin (@Manofbitcoin) October 15, 2024 Meanwhile, Cilinix Crypto hailed Turbo’s “ridiculously high volume” and said “there’s room for growth” in terms of market cap, nodding to Floki’s 2x-higher valuation, which would take Turbo to around $0.023. Similar to Man Of Bitcoin, Cilinix Crypto anticipates a retracement for Turbo. However, the analyst expects a much softer pullback, retesting the recently broken $0.01 mark. As Cilinix Crypto highlights, Turbo has broken a key resistance level with momentum and volume, which shows real strength. This paves the way for more gains in the future. Should the aforementioned Coinbase listing occur, Turbo could continue its bullish trajectory unfazed. Otherwise, it may see a short-term cooling off period. However, over the next few months, Man Of Bitcoin’s $0.032 target remains on the table, fueled by Turbo’s somewhat low market cap, growing investor appetite, and the broader bullish crypto market conditions. Yet, Turbo will likely be outperformed by a lot of smaller meme coins. For instance, Solana-based Goatseus Maximus has exploded by 140% in the last two days. And one token that analysts say will surge next is Flockerz. Let’s take a closer look. Vote-to-Earn Meme Coin Flockerz Will Explode, Says Cilinix Crypto and Others Flockerz is a new meme coin that takes decentralization seriously. It’s a bird-themed token and will be the first cryptocurrency with a Vote-to-Earn decentralized autonomous organization (DAO). This means that holders will vote on decisions relating to the project’s future and get paid for doing so. Most meme coins are led by centralized teams, which leads to complications. For instance, a group of Pepe team members stole $15 million from the project’s treasury in 2023. Flockerz fixes this by having holders control every aspect of the project, even including managing its treasury. The concept has drawn massive attention online. Cilinix Crypto is one of the analysts who mentioned it. In a recent video, he said that “it has potential” and hailed its artwork, which he says is an important factor for meme coins. And he’s not the only one who’s bullish. Jacob Bury recently appeared on the 99Bitcoins YouTube channel and said the cryptocurrency could explode 100x. The project is currently undergoing a presale and has raised $700K so far. Presale participants can also stake their tokens to compound their investment. Currently, the Flockerz presale price is $0.0057699, but this will rise as the ICO advances. Visit Flockerz Presale

Turbo 價格預測：Turbo 一週內漲幅 61%，現在買還是等？首次出現在 Coinpedia Fintech News 上
隨着加密貨幣市場轉爲看漲且比特幣突破 67,000 美元，Turbo 本週上漲。
但由於其價格周環比上漲 61%，您是否應該購買，或者市場上是否還有更好的選擇？
Turbo 有望獲利，但分析師警告近期將出現改組
長期收益已是板上釘釘，但短期結果如何仍有待觀察。
一方面，社區成員確信 Coinbase 即將上市，這無疑會引發價格上漲。
無數用戶在 X 上發佈了關於此問題的帖子，其中許多人提到了其極高的交易量。
有傳言稱 Coinbase 正在收購 $TURBO pic.twitter.com/hT8cCUOJgf
— CryptoJulio (@CryptoJulio561) 2024 年 10 月 13 日
目前，Turbo 的市值爲 8.05 億美元，24 小時交易量爲 4.07 億美元。交易量與市值的比率爲 50.38%，這表明交易者對此非常感興趣。
而且，它與市值高出 10 倍多的柴犬的交易量僅相差 1.2 億美元。
Turbo 社區顯然很活躍，這是 meme 幣價格上漲的關鍵驅動因素。
此外，Turbo 持有者的數量剛剛超過 40,000，並且在過去一個月中穩步上升。
這是另一個積極的信號，表明人們對代幣的興趣日益濃厚。
但本週其價格上漲了61％，現在是購買的好時機嗎？
在更長的時間範圍內，我們可以預期 Turbo 將與市場其他部分同步攀升。根據四年週期理論，專家認爲加密貨幣市場將在未來 12 個月內爆發。
比特幣 4 年週期解釋 pic.twitter.com/LecCHGtgQw
— Altcoin Daily (@AltcoinDailyio) 2024 年 10 月 11 日
但短期內，Turbo 的價格可能過高，需要一段冷靜期。
比特幣分析師 Man Of Bitcoin 使用艾略特波浪理論和斐波那契水平預測潛在的局部頂部在 0.015 美元左右，隨後是艾略特波浪 4 回撤至 0.009 美元至 0.0054 美元之間，然後是第五波，將在年底前爆發至 0.032 美元。
$TURBO 價格可能處於 (3) 的 C 波中。它已經達到 1.236 Fib 擴展水平。下一個上行目標爲 0.0138 美元。我添加了一個支撐區域，用於 (4) 波回調（如果從這裏發生）。支撐位在 0.009 美元至 0.0054 美元之間。pic.twitter.com/lIOK3vrhhF
— 比特幣人（@Manofbitcoin） 2024 年 10 月 15 日
與此同時，Cilinix Crypto 對 Turbo 的“極高交易量”表示讚賞，並表示“市值方面還有增長空間”，並對 Floki 的 2 倍估值表示認同，這將使 Turbo 達到 0.023 美元左右。
與比特幣人類似，Cilinix Crypto 預計 Turbo 將出現回撤。不過，分析師預計回調幅度會小得多，將重新測試最近突破的 0.01 美元大關。
正如 Cilinix Crypto 所強調的那樣，Turbo 憑藉動量和成交量突破了關鍵阻力位，顯示出了真正的實力。這爲未來的更多收益鋪平了道路。
如果上述 Coinbase 上市，Turbo 可能會繼續其看漲軌跡。否則，它可能會看到短期的冷卻期。
然而，在接下來的幾個月裏，由於 Turbo 的市值較低、投資者興趣不斷增長以及更廣泛的看漲加密貨幣市場狀況，Man Of Bitcoin 的 0.032 美元目標仍在討論中。
然而，Turbo 的表現可能會被許多較小的 meme 幣超越。例如，基於 Solana 的 Goatseus Maximus 在過去兩天內暴漲了 140%。
分析師認爲，下一個上漲的代幣是 Flockerz。讓我們仔細看看。
Cilinix Crypto 和其他公司表示，投票賺錢的 Meme Coin Flockerz 將爆發式增長
Flockerz 是一種非常重視去中心化的新模因幣。
這是一種以鳥爲主題的代幣，將成爲第一個採用投票賺錢去中心化自治組織 (DAO) 的加密貨幣。這意味着持有者將對與項目未來有關的決策進行投票，並因此獲得報酬。
大多數 meme 幣都由中心化團隊領導，這會導致複雜情況。例如，一羣 Pepe 團隊成員在 2023 年從該項目的金庫中竊取了 1500 萬美元。
Flockerz 通過讓持有者控制項目的各個方面（甚至包括管理其資金）來解決此問題。
這一概念在網上引起了廣泛關注。Cilinix Crypto 是提及該概念的分析師之一。在最近的一段視頻中，他說“它很有潛力”，並稱讚了它的藝術性，他說這是 meme 幣的一個重要因素。
他並不是唯一一個看漲比特幣的人。Jacob Bury 最近出現在 99Bitcoins YouTube 頻道上，稱這種加密貨幣可能會暴漲 100 倍。
該項目目前正在進行預售，迄今已籌集 70 萬美元。預售參與者還可以質押其代幣以增加投資。
目前，Flockerz 的預售價格爲 0.0057699 美元，但隨着 ICO 的推進，這一價格將會上漲。
訪問 Flockerz 預售

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