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Cryptocurrency News Articles

AI-Driven Memecoin $TURBO Surges by 35.6%, Smart Whale Locks in a $1.03M Profit

Oct 17, 2024 at 12:30 pm

$TURBO, the first memecoin created by AI, is rapidly gaining attention thanks to strong community backing and its unique AI-driven appeal. As excitement builds around the token, $TURBO is showing significant potential for explosive growth in the market.

AI-Driven Memecoin $TURBO Surges by 35.6%, Smart Whale Locks in a $1.03M Profit

A smart whale has reportedly made a seven-figure profit on the AI-driven memecoin $TURBO after the token surged by 35.6% on October 15th.

According to Spot On Chain, smart whale "0x5ac" withdrew 188.89 million $TURBO from Binance at an average price of $0.007, spending around $1.24 million between September 21st and October 13th.

The whale sold all of their holdings at $0.0012, securing an impressive $1.03 million profit — an 82.5% gain.

This isn't the first successful trade for 0x5ac, who has a strong track record in the crypto market, with a 71% win rate across 21 tokens. Some of their biggest profits include:

- $1.5 million from $TURBO

- $843,000 from $BRETT

- $467,000 from $PEPE

- $325,000 from $LINK

Their largest loss, however, was a modest $127,000 on $ONDO.

Meanwhile, $TURBO is also emerging as one of the most searched-for tokens in the crypto space.

On October 15th, $TURBO ranked as the top-searched project on CoinGecko. Other tokens gaining attention include $SYS, $CAT, $MAGA, $DEEP, $PUFFER, and $SUI.

As reported by The Merkle Hash, $TURBO is the first memecoin created by AI. With its unique appeal and strong community backing, the token is quickly becoming one of the most talked-about in the market.

News source:themerkle.com

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Other articles published on Nov 23, 2024