Turbo Coin Long Term Price Prediction: 2024 - 2025 & 2030?

Bittime - Over the past month, Turbo, an AI-generated memecoin, has seen a whopping 990% increase according to CoinMarketCap. In the past week alone, its price has jumped nearly 200%. On May 30, 2024, Turbo's price jumped to $0.007586 (around Rp. 123,774) before dropping 22% the same day. Here are the Turbo coin price predictions according to several sources.

Currently, according to CoinMarketCap, Turbo is trading at $0.0067 (around Rp 109,080) with a market cap of $422.8 million (around Rp 6.9 trillion), down from $600 million (around Rp 9.7 trillion) a day ago.

What is Turbo?

Turbo was launched in 2023 as a fun project by digital artist Rhett Dashwood. He commissioned ChatGPT to create a token with a budget of just $69. 

Despite its humble beginnings, Turbo quickly gained popularity, fueled by growing interest in artificial intelligence and cryptocurrency. Within two weeks, its market capitalization had soared to $50 million (around Rp 819.3 billion).

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Turbo Crypto Price Prediction

Short Term View

According to Coincodex, Turbo's price is expected to increase by 211.59%, potentially reaching $0.020306 (around Rp. 333,264) on June 29, 2024. Technical indicators show a bullish trend, with the Fear & Greed Index reading 73 (Greed). 

Turbo has recorded 21 days of price increases out of the last 30 days, with a price volatility of 109.97%, indicating this may be a good time to invest in Turbo.

Long Term Prospects

Turbo Price Prediction 2024

For 2024, Coincodex estimates Turbo could trade between $0.006517 (around Rp. 106,788) and $0.029042 (around Rp. 474,032). 

If it hits the higher target, this would represent a 345.56% increase.

On the other hand, Wallet Investor projects a more conservative maximum price of $0.00691 (around Rp. 113,196) by the end of 2024.

Turbo Price Prediction 2025

Going forward, Coincodex estimates that Turbo will trade in the same range of $0.006517 (around Rp. 106,788) to $0.029042 (around Rp. 474,032) in 2025. 

If Turbo hits the higher target, the price could rise by 345.29%. 

Wallet Investor, however, anticipates a more modest rise, with Turbo reaching as high as $0.009010 (around Rp. 146,756) by the end of 2025.

Turbo Price Prediction 2030

In 2030, Turbo price predictions range from $0.01455 (around Rp. 238,140) to $0.023592 (around Rp. 386,792). 

Reaching the higher target would yield a profit of approximately 261.67% from the current price.

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Conclusion

Turbo's journey from joke token to major player in the cryptocurrency market highlights the unpredictable nature of digital assets. 

While short-term predictions show significant growth, long-term estimates vary, reflecting the inherent volatility and speculative nature of cryptocurrencies. Investors should consider these factors and conduct thorough research before making any investment decisions.

How to Buy Crypto with Bittime

You can buy and sell crypto assets easily and safely through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed your identity verification. Also, make sure you have sufficient balance by depositing some funds into your wallet. Just so you know, the minimum asset purchase on Bittime is IDR 10,000. After that, you can make crypto asset purchases in the application. 

Monitor the price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.