This Ai Generated Crypto Is Going To Explode!!

Crypto Jon
25 Jan 202407:17

TLDRIn this video, the speaker discusses their recent investment in Turbo, an AI-themed Ethereum meme coin with a small market cap and a limited number of holders. They highlight the coin's promising tokenomics, low inflation, and presence on multiple exchanges as reasons for their optimism. Despite acknowledging the high risk associated with meme coins, the speaker is bullish on Turbo's potential for significant growth, emphasizing the importance of community-driven projects and a decentralized marketplace. They stress the need for viewers to conduct their own research and not to invest solely based on their enthusiasm.

Takeaways

  • 🚀 The speaker discusses a high-risk, high-reward AI crypto called Turbo, which they believe they bought at a low point.
  • 📈 Turbo is an Ethereum-based meme coin with a total supply of 69 billion tokens, 92% of which are in circulation.
  • 🧠 The founder of Turbo holds only 9 billion tokens, which is 13.3% of the supply, indicating a low centralization risk.
  • 🔒 Turbo is listed on several centralized exchanges, including Uphold, OKX, HTX, and Gate.io, despite being relatively new.
  • 📊 The speaker is bullish on Turbo due to its chart looking bullish and its position in the AI niche.
  • 🐸 The speaker initially had reservations about the coin due to its meme status but was convinced by the founder's genuine approach.
  • 🤝 Turbo is community-driven, with a white paper that emphasizes community control and a decentralized marketplace.
  • 📉 The speaker bought Turbo at a price range they consider the bottom and has seen it rise slightly since then.
  • 💡 The speaker advises not to invest solely based on their opinion and emphasizes the importance of doing one's own research.
  • 📊 The speaker compares Turbo's potential to other meme coins like Dogecoin and Shiba Inu, suggesting it could achieve a 100x return.
  • 🗣️ The speaker encourages viewers to join their Discord and Patreon for more in-depth discussions and community support.

Q & A

  • What is the AI crypto being discussed in the video?

    -The AI crypto discussed is Turbo, an Ethereum-based meme coin.

  • How many holders does Turbo have?

    -Turbo has less than 15,000 holders.

  • What is the total supply of Turbo?

    -Turbo has a total supply of 69 billion tokens.

  • What percentage of Turbo's supply is in circulation?

    -92% of Turbo's supply is in circulation.

  • Which exchanges is Turbo listed on?

    -Turbo is listed on Uphold, OKX, HTX, and Mexi.

  • What is the founder's token allocation in Turbo?

    -The founder holds 9 billion tokens, which is 13.3% of the supply.

  • What is the current market cap of Turbo?

    -The current market cap of Turbo is 16.7 million.

  • What is the trading volume of Turbo?

    -The trading volume of Turbo is 4 million.

  • What is the narrator's opinion on the potential of Turbo?

    -The narrator is bullish on Turbo, believing it could potentially be a high-risk, high-reward investment and might see significant growth.

  • What does the narrator advise viewers about investing in Turbo?

    -The narrator advises viewers to do their own research and not to invest solely because he has invested. He emphasizes that it's a high-risk play and they should only consider it if their portfolio is secure and diverse.

  • How does the narrator describe the community aspect of Turbo?

    -The narrator describes Turbo as a community-driven crypto, with a focus on community control and involvement, as stated in its white paper.

  • What is the narrator's stance on meme coins in general?

    -The narrator acknowledges that Turbo is a meme coin but believes it could be trendy due to its AI niche and low supply.

Outlines

00:00

🚀 Introduction to Turbo: AI Ethereum Meme Coin

The speaker discusses a recent investment in a high-risk, high-reward AI crypto called Turbo. They mention that it's a meme coin with a small community of less than 15,000 holders. The founder holds a low percentage of the supply, and the coin has been listed on several exchanges despite being relatively new. The speaker emphasizes the low inflation rate, the founder's limited ability to influence the market, and the potential for growth, while cautioning viewers about the risks involved.

05:01

📈 Turbo's Potential and Community Driven Approach

The speaker continues to talk about Turbo's potential, comparing its market cap to other successful meme coins like Sheba Inu and Dogecoin. They highlight the community-driven aspect of the coin, as outlined in its white paper, and the founder's genuine approach to the project. The speaker shares their positive outlook on Turbo, despite it being a meme coin, and encourages viewers to do their own research before investing. They also mention their own diverse crypto portfolio and the importance of not investing solely in low-cap or meme coins.

Mindmap

Keywords

💡AI crypto

AI crypto refers to a cryptocurrency that is related to or utilizes artificial intelligence in some capacity. In the video, the speaker is discussing a specific AI crypto they have invested in, which is a meme coin with a focus on AI. The term is used to highlight the niche market and potential trendiness of the cryptocurrency.

💡High-risk, high-reward

This phrase describes an investment strategy where the potential for significant gains is balanced by the possibility of substantial losses. The speaker uses this term to caution viewers about the nature of the AI crypto they are discussing, emphasizing that it's not for everyone and requires a risk-tolerant approach.

💡Meme coin

A meme coin is a type of cryptocurrency that often starts as a joke or meme and gains popularity through social media and online communities. The video mentions a meme coin that the speaker has invested in, which is also related to AI. The speaker discusses the potential of this meme coin to become trendy and valuable.

💡Holders

In the context of cryptocurrencies, holders refer to individuals or entities that own a particular token. The speaker mentions that there are less than 15,000 holders of the AI crypto they are discussing, suggesting a relatively small and potentially tight-knit community of investors.

💡Tokenomics

Tokenomics refers to the economic structure of a cryptocurrency, including its supply, distribution, and the rules governing its use. The speaker praises the tokenomics of the AI crypto, noting the low inflation rate and the inability of the centralized marketplace or founder to manipulate the price significantly.

💡Market cap

Market capitalization (market cap) is the total value of all the coins in circulation for a particular cryptocurrency, calculated by multiplying the current price by the total supply. The speaker mentions the market cap of the AI crypto as being small, which could indicate potential for growth.

💡Trading volume

Trading volume refers to the total amount of a cryptocurrency that has been bought and sold during a specific time period. The speaker notes a trading volume of 4 million for the AI crypto, which is used to gauge the level of interest and activity in the market.

💡Community-driven

A community-driven cryptocurrency is one that is developed and maintained by its user community rather than a single entity or a small group of developers. The speaker appreciates this aspect of the AI crypto, as it suggests a more democratic and potentially sustainable approach to the coin's development.

💡Rug pull

A rug pull is a scam in the cryptocurrency world where developers abandon a project after attracting investments, causing the coin's value to plummet. The speaker expresses confidence that the AI crypto they are discussing is not a rug pull, based on the project's development and community engagement.

💡Bull market

A bull market is a period of time in a financial market where prices are rising or are expected to rise. The speaker speculates that in a bull market, the AI crypto could experience significant growth, or a 'rocket ship' effect, due to its favorable characteristics.

Highlights

The speaker discusses a high-risk, high-reward AI crypto they recently purchased, believing they bought at the bottom.

The crypto in question is a meme coin with less than 15,000 holders and is not widely discussed.

The speaker has been investing in AI and utility plays, but decided to diversify their portfolio.

The crypto bought is Turbo, an AI Ethereum meme coin with a low supply and a founder who holds a small percentage of the total.

Turbo is listed on multiple exchanges, which the speaker finds hard to ignore for a new crypto.

The total supply of Turbo is 69 billion, with 92% in circulation, indicating low inflation.

The speaker emphasizes that the tokenomics and market placement are good, but it's still a high-risk investment.

The speaker bought Turbo at a low price range and has seen it increase in value recently.

The speaker is bullish on Turbo due to its AI niche, low founder allocation, and decentralized market.

The speaker mentions that Turbo is community-driven, which is a unique aspect of the crypto.

The speaker warns viewers not to invest solely based on their opinion and to do their own research.

The speaker discusses the potential for Turbo to achieve a 100x increase in value from its current market cap.

The speaker compares Turbo's potential to other meme coins like Dogecoin and Shiba Inu.

The speaker believes that community-driven cryptos with low team allocations and centralized marketplaces could be successful.

The speaker invites viewers to join their Discord and Patreon for more discussions and support.

The speaker concludes by expressing their bullish stance on Turbo and encourages viewers to share their opinions.