- As Bitcoin hit $46.5,000, the price of STX rose more than 20% to a record high of $1.87.
- Bitbot presales have surpassed $480,000 and are targeting $500,000.
- Here’s Bitcoin’s big move on Bitbot, the world’s first non-custodial Telegram trading bot.
As the price of Bitcoin surged past the $46,000 resistance level last Friday, the overall cryptocurrency market capitalization increased by more than 4% to exceed $1.8 trillion. Stacks rose in double-digit surges as the “OG cryptocurrency” picked up speed once again. Meanwhile, a new wave continued to swell in the form of a viral pre-sale of cryptocurrency token Bitbot.
Stacks (STX) surged as BTC rose to $46.5,000.
A fresh injection of volatility on Thursday pushed the price of Bitcoin past the $45,000 level, reaching a record high of $46,500 on major cryptocurrency exchanges. The price of the stack surged more than 20%, reaching a high of $1.87, as the flagship cryptocurrency climbed higher, targeting its fifth consecutive green candle on the daily time frame.
Adoption is growing across the Bitcoin Layer 2 space, while STX has been on the rise as BTC rebounds amid the upcoming halving sentiment. Stacks saw this with Stacking DAO, which achieved a new TVL milestone of over $35 million.
In the X post, the Stacks team says Called This equates to over 20 million STX tokens unlocked and “ready to fuel the STX DeFi ecosystem.”
Analysts say the $800 billion Bitcoin ecosystem is ripe for investors to explore, and Stacks could be one of the key players in this exploration. As Bitcoin L2, Stacks leverages the security of the benchmark blockchain platform to bring smart contracts and decentralized apps to Bitcoin.
If Bitcoin makes the expected rally, STX price could benefit from a catalyst targeting new highs above $3.39 reached in December 2021.
Bitbot: Bitcoin Rally Strengthens BITBOT Pre-sale Momentum
Bitbot is Telegram’s first non-custodial trading app. Considering the recent events involving Unibot and Banana Gun, this is a huge deal for this sector. Both trading bots have been gaining tremendous attention since their launch.
In addition to the MPC archiving technology supported by Knightsafe, Bitbot provides access to several agency-level tools and capabilities. While trading, users hold their assets in a cold wallet, eliminating the immediate risk posed by the custodian platform holding the user’s assets.
Bitbot strengthens its focus on security and user safety with anti-MEV and anti-lug platform solutions. As a trader, you want to know that your trades will not be revealed to the MEV bot. You also want to be monitored 24/7 for potential fraud and fraudulent activity. Bitbot’s robust security approach provides this and much more.
When it comes to trading tools, gem scanners and sniping tools stand out in what traders can achieve with them. For example, you can quickly identify and snipe profitable trades, and snap up real pre-sale gems at the right time to get maximum alpha.
Bitbot’s utility token BITBOT not only provides access to these features, but also a revenue sharing model where all daily profits are shared with holders. Passive income doesn’t get any better than this.
Considering the current cryptocurrency market outlook, should you buy Bitbot?
Cryptocurrency trading continues to evolve as the market adopts new technological features, and the use of trading bots is just one of those advancements. Telegram’s transaction solution is also one of its major developments.
Unibot, Banana Gun, and PAAL AI are some of the best trading bots on Telegram right now. Early adopters of this token reaped huge profits. However, none offer the non-custodial features or advanced institutional-grade trading tools that make Bitbot stand out.
Additionally, from an investment perspective, traders can also imagine BITBOT’s anticipated dominance and its potential to explode amidst a bullish rally driven by Bitcoin’s halving. Investors with this outlook are finding presales potentially more attractive. This is likely why Bitbot presales skyrocketed to close to $500,000 in just three weeks.
If you’re curious about where you can learn more about this project, participate in the presale and read the white paper.