Turbo, a memecoin generated by ChatGPT, has now surpassed $600 million in market capitalization. Rhett Mankind, a digital artist, created TURBO with GPT-4 on a budget of just $69. The memecoin is fully decentralized, with no involvement from Mankind. "I aimed for complete decentralization so I'm not in control," Mankind stated, emphasizing that the coin's success stemmed from this approach.

Mankind used AI to develop Turbo's tokenomics, whitepaper, and smart contract code. This is the first meme coin ever created by AI, and GPT-4 was given a $69 budget to craft the next popular meme coin. As a result, $1,000 invested in $TURBO earlier this month would now be worth over $14,000.

Turbo has surged more than 2,000% in the past three months, propelling its market cap above $600 million. This growth is notable among meme coins and coincides with rising interest in AI-driven projects in the crypto community. AI platforms use advanced algorithms for market predictions and build autonomous networks, with tools like GPT-4 improving smart contract development for better security and efficiency. Mankind demonstrated AI's capability by creating the Turbo ecosystem without direct oversight.

CoinMarketCap reports that Turbo has surged over 550% in the last week, currently priced at $0.008492. It is listed on more than 30 crypto exchanges, including OKX, Gate.io, Bitpanda, and Bitget.