China News Daily Official TheBitTimes.com

A memecoin created using OpenAI’s chatbot ChatGPT has skyrocketed in value, reaching a valuation of $638 million in just three months . Named Turbo, the memecoin was developed by digital artist Rhett Mankind, who utilized GPT-4 to design the concept, tokenomics, and the smart contract. The project began with a modest budget of $69 and has since evolved into a popular memecoin in the crypto space. On May 28, Turbo’s price surged to an all-time high of $0.009302, boosting its market capitalization to approximately $638 million, according to CoinGecko . Picks for you Bitcoin trader reveals exit strategy: ‘Retail will provide our exit liquidity’ 2 hours ago Solana price prediction as new update changes network fees dynamics ...

Seven crypto currency projects, including Injective and Sui, will release new token s worth at least $10 million into their circulating supply within the next month .  In total, around $560 million in cryptocurrencies are scheduled to unlock in January 2024, according to a TokenUnlocks dashboard. The unlocks will happen over varying periods, with some releases occurring within 72 hours and others occurring in tranches across 30 days.  These emissions have been designated for various participants, such as core contributors, charities, staking rewards, and investors. Aptos (APT) Aptos, a layer-one blockchain, will unlock 24.8 million APT tokens worth roughly $235 million at current prices. The tokens are spread across the Aptos Foundation, community incentives, core contributors, and investors. About 8% of APT’s circulating supply and the community allocation will claim the lion’s share. Injective (INJ)  Just over 4% of Injective’s circulating supply is allocated to adv...