Amid feverish market conditions, Turbo is topping today’s meme coin trending list.
The project has soared this week, up 42%. Can this momentum continue through August?
Turbo Primed For Big Gains In August, According to Analysts
The stars are aligned for Turbo to explode.
As the crypto market gathers pace, Turbo has shown outsized strength, soaring over 40%.
This is over twofold better than the next-best-performing meme coin, Dogwifhat, which is up 17% this week.
Fueled by AI, Turbo has a standout narrative working in its favor.
AI coins have been pumping lately, and meme coin fans who want exposure are turning to Turbo.
Community account Turbo Tracker highlighted numerous factors that “make Turbo so special.”
These include it being the first-ever AI-generated meme coin and a slew of promising partnerships.
Moving to a technical outlook, Turbo is primed with a significantly bullish price chart.
Crypto Knight suggests that $0.1 is more than achievable in August.
Based on the analyst’s prediction, Turbo could rally to $0.14 next month.
Meanwhile, Mrs Hugo believes Turbo could hit $0.1 even sooner.
The analyst uses the daily time frame and illustrates a trajectory to $0.1 within approximately two weeks.
Should this be correct, we could see Turbo reach $0.1 in the opening week of August.
Currently, Turbo is trading at $0.006264.
It’s one of the only meme coins at a premium across all time frames.
Per CoinGecko data, its price is up 1.1% in the last hour, 0.7% today, 42% this week, 65% in the past two weeks, 22% this month, and 5,360% this year.
Turbo currently holds a $396 million market cap and a $106 million 24-hour trading volume, up 8% today.
Indeed, with a strong use case, analyst support, and steadfast market interest, Turbo has a bright future ahead of it.
But as Turbo climbs, another newer project is also emerging.
It’s called Pepe Unchained and will be the first meme coin with its own Ethereum layer 2 blockchain.
Pepe Unchained Backed to 100X as Presale Crosses $5M
Pepe Unchained has raised $5 million at presale, but there’s still time to buy before its exchange debut.
Meme coins will never be the same after Pepe Unchained launches.
The team is raising funds to develop an Ethereum layer 2 blockchain to house joke tokens and related dApps.
It has a dedicated bridge connecting to Ethereum and will be cheaper and 100x faster than the main chain.
A block explorer and staking mechanism also add to the project’s favorable outlook.
Staking is a key way for users to grow their $PEPU holdings.
It’s already live and currently offers over a 300% APY. It could give huge profits, and that’s not even factoring in capital appreciation.
But in terms of capital appreciation, analysts think its price will explode.
The 99Bitcoins YouTube channel highlighted that Pepe Unchained has displayed relative strength, even when the broader crypto market has struggled.
And bringing in its revolutionary use case, he suggests it could 100x.
Currently, investors can buy $PEPU at $0.0086304.
However, this price will rise throughout the presale, with the next increase in one day. As such, those seeking the best price must act quickly.
