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 within the bag, 80k Twitter/X followers, and over 27k in its Telegram neighborhood. For the Bitbot crew, conversant in the market panorama and assured of their compelling product providing, this stage of engagement and assist comes as no shock.
Bitbot (BITBOT) is available for purchase on the official web site.
Again in October, the Telegram buying and selling bot market had below 10k every day energetic customers. Nonetheless, it has grown to round $1.4 billion in market cap since final summer season. What’s extra, out of the $18 billion cumulative buying and selling quantity, $12 billion of that was generated in 2024 alone, indicating that the trade is multiplying its momentum each single day.
Rivals Banana Gun (close to +300% token worth features this yr) and Maestro (lifetime buying and selling quantity, $4.7 billion) have confirmed common regardless of each struggling safety mishaps. The Bitbot crew views this as billions of {dollars} in untapped potential within the Telegram buying and selling bot area. The sector merely requires a safe different to catalyze an inflow of 1000’s of latest customers. Such a improvement might rework the present area of interest standing of Telegram buying and selling bots, propelling the sector to a valuation effectively into the tens of billions.
Superior Options Are Reeling within the Traders
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 interact with an indicator of security, reliability, and innovation within 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 rivals are making is on the safety entrance. At present, all Telegram buying and selling bots require customers to submit their personal keys, leaving customers weak to hackers—a destiny that Unibot and Maestro suffered.
The Bitbot crew views the vulnerabilities present in Telegram buying and selling bots as a serious bottleneck, hindering person acquisition and suppressing market development. Consequently, Bitbot is providing the trade its first likelihood to beat this important impediment.
In a newly launched demo—a uncommon prevalence for merchandise in presale—viewers are proven the frictionless method wherein customers can acquire market intelligence and place trades. That is more likely to attraction 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 safety flaws on their file, stable rivals Unibot and Banana Gun at the moment have market caps sitting at round $130 million and $20 million, respectively. Provided that Bitbot’s non-custodial method straight addresses the problems which have been holding its rivals again, the crew is optimistic that the BITBOT token possesses the important thing ingredient to surpass these rivals in each market cap and token worth features.
Bitbot’s crew believes that with good market timing—as altcoin season is probably going simply across the nook—and the influence 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, doubtlessly making Telegram buying and selling bots the success story of 2024.
As much as 50% of Bitbot’s income will likely be evenly distributed amongst BITBOT token holders, enriching the neighborhood and giving it the gasoline to assist the BITBOT token long run.
Bitbot (BITBOT) is available for purchase on the official web site.
About Bitbot
Bitbot is a brand new Telegram buying and selling bot that goals to place institutional-grade buying and selling instruments within the fingers 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 Strong Proof, Bitbot focuses on safety and follows the motto, “Your keys, Your wallet, Your assets.” To this finish, the venture 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 expertise.
For extra data on Bitbot (BITBOT), customers can go to the web site.
Official Web site | 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 proposal to take a position.
Contact
Bitbot Press Room
Bitbot
pr@bitbot.com
