Bitbot’s Presale Passes $3M After AI Development Update

London, United Kingdom, Could 2nd, 2024, Chainwire

AI-powered Telegram buying and selling bot, Bitbot, has surged previous the $3M mark in its presale after outlining its up to date product providing. Bitbot now features a layer of AI improvement on its blockchain evaluation software, Gem Scanner. The mission has hurtled into stage 12 of its quick 15-stage presale resulting from finish this quarter, at which level the BITBOT token might be unleashed upon the open market. 

The Bitbot neighborhood now numbers over 140k, with 110k+ followers on X and a Telegram channel approaching 30k. Bitbot’s staff hopes to transform a superb portion of this into paying prospects when the product launches this yr.

The presale has been supported by Bitbot’s current rebrand, which features a new web site with up to date visuals and, most crucially, a highlight on Bitbot’s AI options. Bitbot’s staff is optimistic that investing in AI to spice up its buying and selling engine is without doubt one of the components doubtless driving the heightened curiosity within the presale.

Bitbot is establishing its standing as a game-changing mission by providing the world’s first non-custodial Telegram buying and selling platform, guaranteeing customers’ funds solely switch as soon as trades are full. That is mixed with an arsenal of AI buying and selling weapons that give retail buyers the firepower they want when competing in opposition to the establishments. 

Bitbot (BITBOT) is that can be purchased on the official site.

Gem Scanner: merging AI with on-chain evaluation

Powered by Bitbot’s proprietary AI, the Gem Scanner goals to uncover undervalued, low-cap tokens with the potential to attain multi-digit rallies.

The Gem Scanner scours high information aggregators resembling DEX Screener and Birdeye whereas combining social media feeds to make predictions primarily based on each market information and viewers sentiment.

This productivity-boosting tech eliminates the reliance on conducting hours of meticulous market evaluation. It’s going to sometimes attraction to retail merchants and subsequently assist drive manufacturing adoption. With this providing, the staff hopes to see Bitbot take market share away from key rivals Banana Gun and Maestro over the approaching yr.

AI and blockchain are on the rise

Tech stalwarts Google and Microsoft each loved AI-driven stock price surges lately, with Reuters reporting spikes of 10% and a pair of%, respectively. 

And with demand for AI options outstripping capacity to produce the market, the trade seems poised for sustained development. That is supported by sector predictions, which lay out an anticipated compounded annual development charge (CAGR) of 28.4% per yr till 2030.

Blockchain gives an identical story, with a CAGR of 24% projected. AI crypto tokens are at present valued at just below $20 billion, with a each day buying and selling quantity of round $900 million, in keeping with CoinGecko.

Bitbot has repositioned itself to satisfy this rising demand for AI within the crypto market by providing a variety of superior applied sciences.

Talking on the choice to refocus efforts in the direction of AI capabilities, Bitbot’s Technical Product Officer, Andrew Jacobs, stated:

“Our mission has always been to give our users the tools that have enabled institutions to dominate financial markets, and the benefits our AI offers are the best equalizer we’ve seen on the market so far. Plus, AI positioning is currently generating great returns for many projects in the space, and we predict BITBOT holders will feel the benefit of this.”

Bitbot’s thrilling market outlook

With its enhanced deal with AI, Bitbot is positioned to have interaction with the rising curiosity in AI initiatives. The market has noticed notable exercise, such because the efficiency of BitTensor (TAO), an AI coin which skilled vital worth adjustments, rising from $34 final yr to $757 in March.

Inside the Telegram bot sector, there’s loads of precedent for robust efficiency as properly. Rivals like Banana Gun have skilled 200% rallies in simply six months, and in early April, they noticed 80x gains from early presale price. With its enhanced safety and AI iterations on these first-generation merchandise, the Bitbot staff is optimistic about surpassing these outcomes.

About Bitbot

Bitbot is a brand new AI Telegram buying and selling bot that goals to place institutional-grade buying and selling instruments within the palms of retail customers, to allow them to commerce utilizing a wide range of superior options, together with sniping and duplicate buying and selling.

Audited by Stable Proof, Bitbot focuses on safety and follows the motto, “Your keys, Your wallet, Your assets.” To this finish, the mission has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating counterparty danger and reinforcing this with anti-MEV and anti-rug know-how.

For extra data, customers can go to the website.

Official Website | Whitepaper | Socials

Bitbot is the supply of this content material. This Press Launch is for informational functions solely. The data doesn’t represent funding recommendation or a suggestion to take a position.


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