At Extreme Investor Network, we are dedicated to providing our readers with the latest and most innovative insights in the world of cryptocurrency and blockchain technology. Today, we bring you exciting news from Bitfinex, a leading digital asset trading platform, announcing the listing of Turbo (TURBO), an Ethereum-based memecoin created with the assistance of ChatGPT.
Introduction to TURBO
Launched in 2023 by digital artist Rhett Mankind, TURBO was developed using the OpenAI chatbot ChatGPT with the mission to create “the next big meme coin on a budget of just $69.” Despite lacking a specific utility or purpose, TURBO offers zero transaction fees, a community-driven model, and a smart contract with ownership renounced by its creator.
Bitfinex’s Perspective
Henry Child, Head of Tokens at Bitfinex, highlighted the creativity and popularity of memecoins, emphasizing how DeFi is only limited by the imagination of users and developers in Web3. Bitfinex is excited to add TURBO to its roster of digital assets available for trading.
Listing Details
Deposits for TURBO are set to open around 10:00 AM UTC on July 30, 2024, pending network conditions. Trading is scheduled to begin at approximately 10:00 AM on August 1, 2024, subject to meeting liquidity requirements. TURBO will be tradable against US Dollars (TURBO/USD) and Tether tokens (TURBO/USDt).
About Bitfinex
Established in 2012, Bitfinex is a digital token trading platform offering advanced services to traders and global liquidity providers. Alongside state-of-the-art trading features and charting tools, Bitfinex also provides access to peer-to-peer financing, an OTC market, and margin trading for a wide range of digital tokens. With a focus on providing unparalleled support, tools, and innovation, Bitfinex caters to experienced traders and liquidity providers worldwide.
For more information on Bitfinex and the latest developments in the cryptocurrency and blockchain space, visit our website at Extreme Investor Network. Stay informed, stay ahead.
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