Turbo (TURBO) Tokenomics
Turbo (TURBO) Tokenomics & Price Analysis
Explore key tokenomics and price data for Turbo (TURBO), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Turbo (TURBO) Information
Turbo Token (TURBO) is a revolutionary meme coin featuring a futuristic toad mascot.
In-Depth Token Structure of Turbo (TURBO)
Dive deeper into how TURBO tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Turbo ($TURBO) is a memecoin built on the Ethereum blockchain, adhering to the ERC-20 standard. Its tokenomics are characterized by simplicity, decentralization, and a focus on community-driven growth, with a fixed total supply and all tokens currently in circulation.
Issuance Mechanism
The Turbo token has a fixed Total Supply of 69 billion $TURBO tokens.
The token's smart contract ownership has been fully renounced, which ensures true decentralization and means no single party has control over the token's development or operations. This structure, which resembles Bitcoin, implies that there is no central authority to manage ongoing issuance or inflation.
Allocation Mechanism
The initial distribution of the 69 billion $TURBO tokens was divided between a crowdfund and a founder allocation.
| Allocation Category | Amount ($TURBO) | Percentage of Total Supply |
|---|---|---|
| Crowdfunded | 60 billion | 86.96% |
| Founder Allocation | 9 billion | 13.04% |
| Total Supply | 69 billion | 100% |
A key feature of the tokenomics is that all coins are in circulation, meaning there are no uncirculated tokens held in reserve or subject to future release schedules.
Usage and Incentive Mechanism
The Turbo token is designed to be a fully decentralized and permissionless asset, available for anyone to use, trade, or integrate into various platforms without needing central approval.
Core Utility and Features
- Frictionless Trading: There are no taxes on transactions, promoting frictionless peer-to-peer trading.
- Decentralization: The renounced contract ownership ensures the project is entirely community-driven, with its future guided by community input.
- No Treasury or Profit Generation: The project does not generate profit and does not maintain a treasury, operating without any central financial authority.
Ecosystem Integration and Rewards
While the core token is decentralized, the broader ecosystem, including the independently run Turbo Browser, offers utility and potential incentives for $TURBO tokens:
| Mechanism | Description |
|---|---|
| Integrated Marketplace | $TURBO tokens can be spent directly within the Turbo Marketplace, providing immediate utility for purchases or trades. |
| Token Earning | Users of the Turbo Browser can earn $TURBO tokens for activities such as browsing, interacting with ads, and using various platform features. |
| Promotions and Rewards | Special offers, promotions, and reward programs within the Turbo Browser can provide bonus $TURBO tokens. |
| Referrals | If the Turbo Browser offers a referral program, users may receive $TURBO tokens for inviting new, active users. |
| Staking (Potential) | The Turbo Browser documentation suggests checking for staking options where users could lock up tokens to earn additional rewards or interest. |
Locking Mechanism and Unlocking Time
The Turbo token is characterized by its immediate and full circulation.
- Locking Mechanism: The tokenomics explicitly state that all coins are in circulation, indicating that the initial distribution did not include a vesting or locking mechanism for the majority of the supply.
- Unlocking Time: Since all 69 billion $TURBO tokens were released into circulation upon launch, there are no future unlocking times or vesting schedules for the initial token supply.
The token's decentralized nature and renounced contract mean there is no central authority to impose or manage future locking or vesting periods on the core token supply.
Turbo (TURBO) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Turbo (TURBO) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of TURBO tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many TURBO tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand TURBO's tokenomics, explore TURBO token's live price!
How to Buy TURBO
Interested in adding Turbo (TURBO) to your portfolio? MEXC supports various methods to buy TURBO, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Turbo (TURBO) Price History
Analyzing the price history of TURBO helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
TURBO Price Prediction
Want to know where TURBO might be heading? Our TURBO price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
MEXC is one of the world's top crypto exchanges, trusted by millions of users globally. Whether you're a beginner or a pro, MEXC is your easiest way to crypto.
Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Please read and understand the User Agreement and Privacy Policy
Buy Turbo (TURBO)
Amount
1 TURBO = 0.002336 USD
Trade Turbo (TURBO)
HOT
Currently trending cryptocurrencies that are gaining significant market attention
TOP Volume
The cryptocurrencies with the highest trading volume
Newly Added
Recently listed cryptocurrencies that are available for trading
Top Gainers
24H crypto top gainers that every trader should look out for
AGIB
AGIB
+1,031.62%
BoostFi
BSF
+277.27%
AEGIS
AEGIS
+275.93%
Jump Tom
JUMP
+293.44%
REWARDS ON PROJECT
RWD
+146.85%