Memecoins

Bitfinex to List Ethereum-Based Memecoin TURBO

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Pierre ZhangJuly 30, 2024 12:13

Bitfinex announces the listing of Turbo (TURBO), an Ethereum-based memecoin created with ChatGPT, with trading expected to begin on August 1, 2024.




Bitfinex, a leading digital asset trading platform, announced the listing of Turbo (TURBO), an Ethereum-based memecoin created with the help of ChatGPT, according to blog.bitfinex.com.

Presentation of TURBO

Launched in 2023 by digital artist Rhett Mankind, TURBO was developed using the OpenAI chatbot ChatGPT with the goal of creating “the next big meme currency on a budget of just $69.” While TURBO has no specific utility or purpose, it features zero transaction fees, a community-driven model, and a smart contract that has been disclaimed by its creator.

Bitfinex’s point of view

“Memecoins are known for their creativity, and their popularity illustrates how DeFi is limited only by the imagination of Web3 users and developers,” said Henry Child, Head of Tokens at Bitfinex. “We are excited to add TURBO to the list of digital assets we have available for trading on Bitfinex.”

Ad details

Deposits for TURBO are expected to open at approximately 10:00 UTC on July 30, 2024, subject to network conditions. Trading is expected to begin at approximately 10:00 UTC on August 1, 2024, subject to liquidity requirements. TURBO will be tradable for U.S. dollars (TURBO/USD) and Tether tokens (TURBO/USDt).

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering industry-leading services to global traders and liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex offers access to peer-to-peer funding, an OTC market, and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation to experienced traders and liquidity providers around the world.

For more information, visit Bitfinex.

Image source: Shutterstock

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