TURBO cryptocurrency has experienced a significant price rally, increasing by 43% to reach $0.0022. Trading volume has skyrocketed over 677% in the past 24 hours, highlighting market enthusiasm. Despite market volatility, TURBO’s price has been steadily climbing, with its high reaching $0.002436. Analysts suggest this surge is driven by expanding DeFi applications and increased institutional investment. The asset currently trades at around $0.002279, with a market cap of $153.14 million. The recent price action has been characterized by strong bullish momentum, indicated by the MACD above its signal line and traders anticipating further price increases. The Chaikin Money Flow (CMF) also shows slight bullishness, but buying pressure remains weak, suggesting potential for a sustained uptrend. 50% of this rally was driven by increased trading volume as investors rush to capitalize on the gains. This surge in volume has also coincided with some selling activity, resulting in a significant liquidation of $1.80 million worth of TURBO over the past 24 hours.