London, UK, March 18, 2024, Chainwire
Bitbot pre-sales are continuing at a rapid pace, and have now surpassed $1 million in raises in just eight weeks, as interest in AI and trading technology grows, putting this innovative new trading approach in the spotlight.
Bitbot is looking to dominate the emerging Telegram trading bot market, which already has a market capitalization of well over $1 billion despite only being about a year old. With its first-of-its-kind non-custodial trading functionality, Bitbot finally gives cryptocurrency traders the ability to set up and automate trades without giving up their private keys. And there is no need to give up your funds before the trade is executed.
The $1 million raised comes with an increased social media presence for Bitbot. The project has created a community that includes: 110,000 at It reached over 20,000 views on Telegram in just 8 weeks.
BITBOT can be purchased on the official site.
Achieved more than $6.5 billion in profits within 90 days
In 2024 alone, the cumulative trading volume of the Telegram trading bot market increased from $5.2 billion to over $12 billion, marking a significant milestone. However, these numbers are even more impressive considering the trouble the Telegram trading bot space is recovering from.
Three major cyber threats will impact the sector’s reputation in 2023: Major players Unibot and Meastro were hacked for $560,000 and $485,000 respectively, while Banana Gun lost over 90% of its token value within hours of launch due to multiple issues.
Despite these setbacks, Banana Gun currently boasts a market cap of $86 million with a gain of +230% from its launch price, while Unibot boasts a market cap of $30 million with a gain of +70% from its launch price. do. These figures show that the Telegram trading bot market is still alive.
More importantly, Bitbot’s non-binding security approach and anti-lug technology are direct mitigation tactics for the security issues facing its competitors. Bitbot’s team believes this gives Bitbot the differentiation it needs to take market share from existing customers and onboard prospects who may have previously avoided the Telegram trading bot space.
This gives Bitbot particularly strong leverage when the BITBOT token enters the public markets.
Bitbot is ready to participate in the recent AI surge
Now, about a year after ChatGPT’s big launch in 2023, AI and AI cryptocurrencies are very trendy. The AI cryptocurrency market size exceeded $40 billion this year, and 10% of the top 50 cryptocurrencies by market capitalization belong to the AI sector.
As the bull market progresses and AI targets a $1 trillion market cap, Bitbot is strategically positioned to explore both of these developments simultaneously.
Bitbot’s Gem Scanner tool uses artificial intelligence to scan hundreds of active presales to find the most promising projects. Likewise, Bitbot’s Snipe the Trade feature provides users with the opportunity to invest in undervalued projects, watch the market carefully and buy those projects ahead of their potential upside. It’s all on autopilot.
The team hopes that enthusiasts exploring potential projects to support will start by focusing on an already successful sector (AI) and then integrate the potential of that sector with Bitbot’s trading and security capabilities.
The current price of Bitbot is $0.0122, with $63.9% of the pre-sale proceeds programmed for the token remaining before it closes at a price of $0.0200. Considering these numbers compared to the previously mentioned gains of Banana Gun and Unibot (230% and 70%), the scope for Bitbot to significantly outperform the market, taking into account both its open market potential and superior security technology, is enormous. .
BITBOT can be purchased on the official site.
Introduction to Bitbot
Bitbot is a new Telegram trading bot that aims to put institutional-grade trading tools into the hands of retail users, allowing them to trade using a variety of advanced features, including sniping and copy trading.
Audited by Solid Proof, Bitbot focuses on security and follows the motto “Your keys, your wallet, your assets.” To this end, the project has partnered with Knightsafe to deliver the world’s first non-custodial telegram trading bot, mitigating counterparty risk and enhancing it with anti-MEV and anti-lug technologies.
For more information, users should visit the website.
Official website | White Paper | social
ContactBitbot Press ReleaseBitbotpr@bitbot.com
Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.