Bitbot's Presale Passes $3M After AI Growth Replace

London, United Kingdom, Might 2nd, 2024, Chainwire

AI-powered Telegram buying and selling bot, Bitbot, has surged previous the $3M mark in its presale after outlining its up to date product providing. Bitbot now features a layer of AI improvement on its blockchain evaluation device, Gem Scanner. The mission has hurtled into stage 12 of its brief 15-stage presale attributable to finish this quarter, at which level the BITBOT token will likely be unleashed upon the open market.

The Bitbot neighborhood now numbers over 140k, with 110k+ followers on X and a Telegram channel approaching 30k. Bitbot’s staff hopes to transform an excellent portion of this into paying prospects when the product launches this yr.

The presale has been supported by Bitbot’s latest rebrand, which features a new web site with up to date visuals and, most crucially, a highlight on Bitbot’s AI options. Bitbot’s staff is optimistic that investing in AI to spice up its buying and selling engine is among the components doubtless driving the heightened curiosity within the presale.

Bitbot is establishing its standing as a game-changing mission by providing the world’s first non-custodial Telegram buying and selling platform, making certain customers’ funds solely switch as soon as trades are full. That is mixed with an arsenal of AI buying and selling weapons that give retail traders the firepower they want when competing in opposition to the establishments.

Bitbot (BITBOT) is in the stores on the official web site.

Gem Scanner: merging AI with on-chain evaluation

The Gem Scanner scours high information aggregators resembling DEX Screener and Birdeye whereas combining social media feeds to make predictions primarily based on each market information and viewers sentiment.

This productivity-boosting tech eliminates the reliance on conducting hours of meticulous market evaluation. It’s going to usually attraction to retail merchants and subsequently assist drive manufacturing adoption. With this providing, the staff hopes to see Bitbot take market share away from key opponents Banana Gun and Maestro over the approaching yr.

AI and blockchain are on the rise

And with demand for AI options outstripping capability to produce the market, the business seems poised for sustained development. That is supported by sector predictions, which lay out an anticipated compounded annual development charge (CAGR) of 28.4% per yr till 2030.

Blockchain provides the same story, with a CAGR of 24% projected. AI crypto tokens are at present valued at slightly below $20 billion, with a day by day buying and selling quantity of round $900 million, based on CoinGecko.

Bitbot has repositioned itself to fulfill this rising demand for AI within the crypto market by providing a spread of superior applied sciences.

Talking on the choice to refocus efforts in direction of AI capabilities, Bitbot’s Technical Product Officer, Andrew Jacobs, mentioned:

“Our mission has all the time been to offer our customers the instruments which have enabled establishments to dominate monetary markets, and the advantages our AI provides are the perfect equalizer we’ve seen available on the market to date. Plus, AI positioning is at present producing nice returns for a lot of initiatives within the area, and we predict BITBOT holders will really feel the advantage of this.”

Bitbot’s thrilling market outlook

Throughout the Telegram bot sector, there’s loads of precedent for robust efficiency as nicely. Rivals like Banana Gun have skilled 200% rallies in simply six months, and in early April, they noticed 80x features from early presale worth. With its enhanced safety and AI iterations on these first-generation merchandise, the Bitbot staff is optimistic about surpassing these outcomes.

About Bitbot

Audited by Strong Proof, Bitbot focuses on safety and follows the motto, “Your keys, Your pockets, Your property.” To this finish, the mission has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating counterparty danger and reinforcing this with anti-MEV and anti-rug expertise.

For extra data, customers can go to the web site.

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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.

ContactBitbot Press StaffBitbotpr@bitbot.com

This text was initially printed on Chainwire