TURBO (Turbo) has fallen 6.19% in the last 24 hours.

Gate News Bot news, July 29, according to CoinMarketCap, as of the time of writing, TURBO is currently priced at $0.00483919, down 6.19% in the last 24 hours, with a high of $0.00569488 and a low of $0.00471034. The trading volume in the last 24 hours reached $4.09 million. The current market capitalization is approximately $334 million, a decrease of $22.036 million compared to yesterday.

Turbo Token (TURBO) is a community-driven and fully decentralized token created by artificial intelligence. It began as a bold cryptocurrency creation experiment, where the project's founder challenged GPT-4 with a budget of only $69: to create the next great meme coin. As Turbo evolves, TurboChain marks the next phase of this extraordinary journey. TurboChain is built and operated by Aurora(NEAR Protocol), a platform for creative artists, innovators, and developers worldwide. TurboChain empowers innovators to explore and realize their dreams and aspirations. Turbo is now a fully decentralized community-driven cryptocurrency venture.

Important recent news about TURBO:

1️⃣ TurboChain and TURBOswap officially launched Aurora Labs officially launched TurboChain and TurboSwap, two new platforms designed to provide infrastructure support for the Turbo AI meme coin. TurboChain, as the core of the Turbo ecosystem, will offer a decentralized platform for creative artists, innovators, and developers, while TurboSwap will serve as the main trading platform within the ecosystem. This significant initiative marks the transition of the Turbo project from a single token to a complete ecosystem, expected to bring more application scenarios and value growth points for the TURBO token.

2️⃣ TURBO Launches Its Own Blockchain The Turbo project announced the launch of its exclusive blockchain, aimed at expanding its ecosystem and enhancing the project's technical strength. The launch of its own blockchain will provide Turbo with greater scalability, lower transaction fees, and more development possibilities. This strategic move not only strengthens Turbo's technical foundation but also lays the groundwork for future DApp development and ecosystem expansion.

3️⃣ Community-driven development model continues to deepen As a project created by artificial intelligence and driven by the community, Turbo continues to deepen its decentralized governance model. The project team emphasizes that Turbo has now become a fully decentralized cryptocurrency venture, with community members playing an increasingly important role in the project's decision-making and development direction. This highly participatory model helps to enhance the project's resilience and innovation capacity, but it may also bring challenges to decision-making efficiency and consistency of direction.

From a technical perspective, the TURBO price has experienced a significant fall in the past 24 hours, which may reflect the market's initial reaction to the newly launched TurboChain and TurboSwap. In the short term, investors may need time to assess the actual effectiveness and adoption of these new platforms.

This message does not constitute investment advice, and investors should be aware of the risks of market volatility.