- Ape Terminal, one of the leading IDO platforms in the market, has canceled the IDO of cryptocurrency betting platform ZKasino.
- This unfolds as the broader cryptocurrency community shows greater resilience amid the Bitcoin halving.
- But few projects have garnered as much attention as Bitbot, a new cryptocurrency trading solution.
As Bitbot heads toward a highly successful pre-sale, investors flocking here are likely to be encouraged by what the project promises in the wake of the events surrounding decentralized betting network ZKasino.
The ZKasino team has stated that the project will continue to progress as expected, but is likely to face challenges related to community trust following lug-pull allegations and delays in listing on exchanges.
Bitbot provides non-custodial trading and anti-lug pull features for cryptocurrencies.
Bitbot is one of the few emerging cryptocurrency projects seeking market dominance. In particular, Bitbot’s eyes are set on the Telegram bot space. Analysts have predicted that cryptocurrencies could grow explosively as they prepare for a bull market.
What makes Bitbot stand out in the market is its pioneering non-custodial trading capabilities.
PAAL AI, Banana Gun, PaLM AI, and Unibot have seen great success since their launch. However, none of these solutions offer the industry-leading security that Bitbot pioneered with its non-custodial Telegram bot.
When the bot launches in the coming months, users will be able to maintain full control of their assets when trading, as well as benefit from the added layer of security provided by anti-lug pull and anti-MEV tools.
So, in addition to Bitbot’s non-custodial solutions or AI-based trading tools, there is also the protection users get from its anti-lug pull feature. The transparency of the Bitbot team also adds to the positive outlook for the project, which is probably why presales soared to over $2.7 million.
Ape Terminal Cancels IDO for ZKasino (ZKAS)
Following concerns about a potential lug pull, IDO platform Ape Terminal announced that it had canceled ZKasino’s initial DEX offering.
Ape Terminal’s name This comes after decentralized peer-to-peer order book exchange ZigZag announced concerns over ZKasino and its potential $32 million lug pool.
Meanwhile, ZKasino participants were reportedly unable to withdraw their funds because the platform team had moved all 10,515 ETH from deposit contracts to Lido.
Amid these claims, some exchanges announced that they had paused their plans to list the ZKasino token ZKAS. Cryptocurrency Exchange MEXC presentation ZKAS will be delisted on Saturday.
There is a lot of FUD going around.
The ZKasino network will continue to be active, but has been delayed due to exchange listings.
— ZKasino (@ZKasino_io) April 20, 2024
Ape Terminal said on April 21 that participants who chose the cryptocurrency betting platform’s DEX service would receive a refund of their assets. Stablecoin claims have been released and the platform has been published on X.
Bitbot pre-sale could be a significant opportunity.
Bitbot native token BITBOT powers a new trading bot, giving users another investment opportunity. Best of all, you have the opportunity to earn a share of the platform’s profits. Other perks are explained in the project white paper.
Currently, the price of BITBOT token is only $0.0163 in level 11. As highlighted in the project white paper, in the final pre-sale phase, Phase 15, the pre-sale price will rise to $0.020.
The launch of Bitbot will make it stand out as the only non-custodial Telegram trading bot on the market. There is a strong community building around the project, with pre-sales already over and the next few weeks representing an early opportunity for investors.
To learn more about Bitbot, visit its official website.