Turbo (TURBO) has been one of the hottest meme coins this week, surging over 50% since last Wednesday.
However, can it keep rallying, or is there a pullback on the horizon?
At the same time, a new meme coin, Pepe Unchained (PEPU), is going viral in its presale.
And some traders speculate it could be the next to explode after TURBO.
TURBO Price Soars â Whatâs Behind All the Bullishness?
Letâs take a closer look at Turboâs recent surge.
This AI-generated meme coin has been drawing praise, and itâs easy to see why.
TURBO was created from a ChatGPT experiment with a tiny budget since the team set out to show that AI could make the next big crypto star.
Fast forward to now, and TURBO is sitting at $0.109.
While itâs down slightly from yesterdayâs all-time high of $0.0133, donât be fooled â the bulls are still firmly in control.
Spot volumes have jumped 25%, hitting $424 million, making TURBO the seventh most traded meme coin globally.
Thatâs higher than Bonk (BONK).
And over the past week, TURBO has been one of the best performers out of all the established meme coins.
So, whatâs behind this price spike?
There doesnât seem to be a clear catalyst, with most traders putting it down to FOMO.
Whatever the reason, TURBO is showing that older meme coins can still produce enormous returns for holders.
Can TURBO Keep Climbing & Hit New Highs?
Where might TURBO be headed next?
Its bullish ride might be far from over.
Just yesterday, TURBO hit a key milestone â 40,000 wallets.
Itâs also outperformed other frog-themed meme coins lately, which isnât bad considering all the hype around PEPE and FWOG.
With 65 billion out of 69 billion tokens already in circulation, scarcity could soon come into play.
But the charts are where TURBO really shines.
A bull flag is forming on the 1-hour timeframe, suggesting we might see a sideways correction before another breakout.
According to Fibonacci levels, there could actually be a slight pullback to around $0.010.
After that, TURBO might bounce up to $0.0158 â another 44% gain.
Of course, such a rise isnât guaranteed.
The market needs to stay bullish for this to play out, so while the potential is there, itâs still wise to approach TURBO with caution and not get swept up in the hype.
Will Pepe Unchained Pump Higher After Raising $19.8M in Presale?
Alongside TURBO, another meme coin has been performing well: Pepe Unchained.
This new coin is looking to disrupt the meme model entirely.
The teamâs vision centers around creating their own Layer-2 blockchain, the Pepe Chain.
Imagine a network designed just for meme coins, offering transactions 100 times faster than Ethereum and low fees.
Itâs almost like a superhighway for joke tokens.
This setup is what sets Pepe Unchained apart from coins like TURBO â real-world utility.
While TURBO benefits from AI-driven hype, Pepe Unchained delivers a fully developed blockchain ecosystem.
Not only that, but the whitepaper outlines plans for a decentralized exchange, a block explorer, and an instant bridge to Ethereum.
No wonder the projectâs presale has raised over $19.8 million.
Thatâs a clear sign that thereâs serious demand building up.
When PEPU hits the open market, that demand could prompt an explosive price rally.
Members of Pepe Unchainedâs Telegram community believe that will be the case.
Plus, with over 42,000 people now following the project on Twitter, thereâs a growing online buzz that could translate into huge buying pressure.
Ultimately, TURBO might have the current momentum, but Pepe Unchained has a solid plan and real utility.
That could be the perfect formula for the next big breakout.
Visit Pepe Unchained Presale