London, United Kingdom, March 18, 2024, Chainwire
The Bitbot presale continues at a rapid pace, with the raise surpassing $1 million in less than 8 weeks – fueled by increased interest in AI and trading technology that has put this innovative new approach to trading in the spotlight.
Bitbot wants to dominate the emerging Telegram trading bot market, which already exists well over $1 billion in terms of market capitalization, despite being barely a year old. With its unique no-holds-barred trading capabilities, Bitbot finally gives crypto traders the power to set up and automate their trades without have to give up their private keys. And without must handing over money before transactions are executed.
The $1 million raised comes with the growth of Bitbot’s social media presence; the project has a community of over 110k on X and over 20k on Telegram in just 8 weeks.
Bitbot (BITBOT) is available for purchase on the official site.
$6.5 billion+ profit in less than 90 days
In 2024 alone, the cumulative trading volume on the Telegram trading bot market will have disappeared $5.2 billion to over $12 billion, which marks an important milestone. But that figure is even more impressive when we look at the problems from which Telegram’s trading bot space is recovering.
Three prominent cyber threats have tarnished the industry’s reputation in 2023. Major players Unibot and Meastro were hacked before $560k And $485k respectively, and Banana Gun lost more than 90% of its token value within hours of launch due to various issues.
Despite these setbacks, Banana Gun currently boasts a market cap of $86 million with +230% gains from its launch price, while Unibot has a market cap of $30 million with the Unibot token achieving +70% gains from its launch price . These numbers show that the Telegram trading bot market is still alive and kicking.
In fact, Bitbot’s non-custodial security approach and anti-back technology are direct mitigation tactics for the security problems its rivals have faced. The Bitbot team believes this gives Bitbot the differentiator needed to capture market share from incumbents and potential customers who may have previously avoided Telegram’s trading bot space.
It gives Bitbot a particularly strong hand for when the BITBOT token enters the open market.
Bitbot is ready to capitalize on the recent AI wave
About a year after ChatGPT’s grand entrance in 2023, AI and AI crypto are very much in vogue. The size of the AI crypto market has done the same has released $40 billion this yearwith 10% of the fifty largest cryptocurrencies by market capitalization falling within the AI sector.
As the bull market marches forward and AI sets goals a market cap of trillions of dollarsBitbot is strategically positioned to navigate these two developments simultaneously.
Bitbot’s Gem Scanner tool uses artificial intelligence to scan hundreds of active presales for the most potentially promising projects. Similarly, Bitbot’s Snipe the Trade feature gives users the chance to invest in undervalued projects, carefully scanning the market and buying them before a potential pump. Everything on autopilot.
The team hopes that enthusiasts exploring potential projects to support will begin to focus on a sector that is already successful (AI) and then integrate that sector’s potential with Bitbot’s trading and security capabilities.
Bitbot is currently priced at $0.0122, with $63.9% in programmed presale gains for the token before closing at a price of $0.0200. Comparing that figure to Banana Gun and Unibot’s aforementioned gains (230% and 70%), while taking into account Bitbot’s open market potential and superior security technology, Bitbot’s opportunity to significantly outperform the market is enormous.
Bitbot (BITBOT) is available for purchase on the official site.
About Bitbot
Bitbot is a new trading bot from Telegram that aims to put trading tools in the hands of institutional users, allowing them to trade using a variety of advanced features, including sniping and copy trading.
Controlled by Solid Proof, Bitbot focuses on security and follows the motto: “Your keys, your wallet, your belongings.” To this end, the project has partnered with Knightsafe to deliver the world’s first non-custodial telegram trading bot, mitigating counterparty risk and amplifying it with anti-MEV and anti-back technology.
For more information, users can visit the website.
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