The world of cryptocurrency has seen interesting innovations recently, and one of the most astounding ones is the emergence of the Turbo Toad Token (TTT), a meme coin created by the popular GPT-4 Artificial Intelligence (AI) system. Despite its recent launch, the meme coin has already exploded in price with a current market cap of $40 million.
It all started two weeks ago when Twitter user Rhett Mankind announced that they had used a $69 budget to develop a meme token for GPT-4. After going through different suggestions, Rhett eventually settled on the name Turbo Toad Token (TTT) following a Twitter poll. GPT-4 was then used to create the token’s AI images and tokenomics.
Initially the coin was launched unsuccessfully, but with a second iteration, the project was crowdfunded and unfurled on Sunday, April 29. From that day, the coin’s price has skyrocketed, raising from an initial value of just $0.00001773 to reach an all-time high of $0.00056. This increase in value is evident in the numerous investors and wallets involved in the project which include the 4,474 holders and 14,600 transfers on the contract.
Rhett Mankind is a programmer and computer scientist with interests in blockchain technologies. His idea to leverage GPT-4’s AI led to the creation of the Turbo Toad Token. In as much as his process was still under development, Rhett’s project has seen success and continues to be supported by its community through fundraising and liquidity.
Moreover, GPT-4 still plays a major role in the growth of the meme coin as it offers suggestions to its holders and developers. The AI system most recently issued the suggestion to add more liquidity to the token which has seen its liquidity grow to $1.4 million.
Overall, the success of Turbo Toad Token is an exemplary case of what an innovative and creative mind can achieve, even when working with limited resources. If the coin continues to rally, it is expected that it could substantially increase in value for its holders.