This Altcoin Makes Headlines With Binance Listing Rumor! - Coinleaks
Current Date:September 21, 2024

This Altcoin Makes Headlines With Binance Listing Rumor!

Pepe Coin’s 4,200% rally in April has inspired new meme projects. One of them, an altcoin built using only ChatGPT, is gaining popularity with rumors that it will be listed on Binance.

Binance has prepared an article titled “How to Buy” for this altcoin that it has not yet listed.

Turbo (TURBO), a meme token created entirely using ChatGPT, is gaining great interest from investors. The increased demand is based on the possibility of being listed on leading exchanges like Binance.

Recent reports have churned TURBO investors with rumors that Binance is considering listing. The emergence of an article titled “How to Buy TURBO”, allegedly published by Binance, triggered the excitement. The news spread quickly on Twitter, prompting speculation that the official listing announcement could be expected in early June. Here is the Binance blog post of interest:

Binance has not yet confirmed!

Amid growing anticipation, some critics have expressed their doubts about the true intentions behind Binance’s release. According to this group, the article was not an indication that TURBO would be listed any time soon. It was designed as a guide on how to buy TURBO through a wallet only. These conflicting viewpoints leave investors uncertain about the veracity of rumors about the potential listing.

The confusing part is that neither TURBO’s nor Binance’s official Twitter account has made an official statement regarding the listing in question. The lack of official confirmation or rejection leaves the crypto community in the dark. Until such a statement is made, the situation will remain unclear. Investors need to be wary of these rumors for now.

Is TURBO ready for Binance listing?

cryptocoin.com As we have reported, Binance CEO CZ shared the listing criteria of his exchange in the past months. Accordingly, Binance pays the most attention to social media figures, code commitments and volume data.

As for TURBO, the meme token is currently trading at $0.0002435, down 25% intraday. This is an indication of how high volatility the meme projects have. Meanwhile, TURBO experienced an increase of 113.53% in the last 24-hour trading volume. This increase in trading activity indicates continued interest in the meme token.

Altcoin whales move to Turbo after Pepe

In the transactions we reported in mid-May, we reported that whales selling Pepe purchased Turbos in large quantities. A deep-pocketed altcoin whale replaced $14.5 million worth of PEPE with Turbo on this date.

https://twitter.com/lookonchain/status/16557787862951088128

Turbo is basically a community-driven meme token. The marketed feature of the project is that it was built with ChatGPT. The meme token, which started to rise in April, was later interrupted by heavy profit purchases. Currently, the ATH level is trading at $0.003049 at a discount of 90%.