London, United Kingdom, April tenth, 2024, Chainwire
Mere weeks after hitting seven figures, Bitbot has continued its presale success, now with over $2.1 million in the bag, 80k Twitter/X followers, and over 27k in its Telegram group. For the Bitbot crew, conversant in the market panorama and assured in their compelling product providing, this stage of engagement and assist comes as no shock.
Bitbot (BITBOT) is in the stores on the official site.
Again in October, the Telegram buying and selling bot market had below 10k each day lively customers. Nonetheless, it has grown to round $1.4 billion in market cap since final summer time. What’s extra, out of the $18 billion cumulative trading volume, $12 billion of that was generated in 2024 alone, indicating that the business is multiplying its momentum each single day.
Opponents Banana Gun (close to +300% token worth beneficial properties this 12 months) and Maestro (lifetime trading volume, $4.7 billion) have confirmed widespread regardless of each struggling safety mishaps. The Bitbot crew views this as billions of {dollars} in untapped potential in the Telegram buying and selling bot area. The sector merely requires a safe various to catalyze an inflow of 1000’s of latest customers. Such a growth might remodel the present area of interest standing of Telegram buying and selling bots, propelling the sector to a valuation nicely into the tens of billions.
Superior Options Are Reeling in the Buyers
Bitbot’s Technical Product Advisor, Andrew Jacobs, has been fastidiously guiding the crew to ship a product and a presale that provides buyers the chance to have interaction with an indicator of security, reliability, and innovation in the crypto buying and selling bot enviornment.
“After watching the crypto trading bot market like a hawk, we can confidently say that we’ve learned from other people’s mistakes and built the tool to make trading crypto as easy as checking your emails. Plus, with our team of ex-Wall Street traders and AI savvy devs, we believe our product offers the retail investor a technological advantage over the institutions.”
One particular mistake opponents are making is on the safety entrance. At the moment, all Telegram buying and selling bots require customers to submit their non-public keys, leaving customers susceptible to hackers—a destiny that Unibot and Maestro suffered.
The Bitbot crew views the vulnerabilities discovered in Telegram buying and selling bots as a serious bottleneck, hindering person acquisition and suppressing market progress. Consequently, Bitbot is providing the business its first probability to beat this essential impediment.
In a newly released demo—a uncommon incidence for merchandise in presale—viewers are proven the frictionless method in which customers can acquire market intelligence and place trades. That is more likely to enchantment to the legions of informal crypto buyers who might have beforehand been scared off by the complexities of crypto buying and selling.
The Bitbot Token’s Lengthy-Time period Appreciation Potential
Even with security flaws on their record, stable opponents Unibot and Banana Gun at present have market caps sitting at round $130 million and $20 million, respectively. Provided that Bitbot’s non-custodial strategy immediately addresses the problems which were holding its opponents again, the crew is optimistic that the BITBOT token possesses the important thing ingredient to surpass these opponents in each market cap and token worth beneficial properties.
Bitbot’s crew believes that with excellent market timing—as altcoin season is probably going simply across the nook—and the affect of the Bitcoin halving, Bitbot is positioned as a key participant. The crew is optimistic that this strategic positioning might result in double-digit returns, probably making Telegram buying and selling bots the success story of 2024.
As much as 50% of Bitbot’s income might be evenly distributed amongst BITBOT token holders, enriching the group and giving it the gasoline to assist the BITBOT token long run.
Bitbot (BITBOT) is in the stores on the official site.
About Bitbot
Bitbot is a brand new Telegram buying and selling bot that goals to place institutional-grade buying and selling instruments in the palms of retail customers, to allow them to commerce utilizing quite a lot of superior options, together with sniping and duplicate buying and selling.
Audited by Strong Proof, Bitbot focuses on safety and follows the motto, “Your keys, Your wallet, Your assets.” To this finish, the challenge has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating counterparty threat and reinforcing this with anti-MEV and anti-rug know-how.
For extra data on Bitbot (BITBOT), customers can go to the website.
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Bitbot is the supply of this content material. This Press Launch is for informational functions solely. The knowledge doesn’t represent funding recommendation or a proposal to take a position.
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