Bitbot’s twelfth presale stage nears its finish after elevating $2.87 million

Key takeaways

• Bitbot is at present in its twelfth presale stage and has raised practically $2.9 million.
• The presale value will enhance to $0.018 within the subsequent stage.

The cryptocurrency market has been unstable since final week’s halving, with costs of Bitcoin and different main altcoins fluctuating. Nevertheless, that hasn’t stopped Bitbot’s progress as its presale approaches a brand new milestone. 

What’s Bitbot?

Bitbot is a singular Web3 undertaking focusing on cryptocurrency merchants. It’s a Telegram buying and selling bot that provides customers entry to high-end buying and selling options.  

It’s designed for retail cryptocurrency merchants because it permits them to commerce a variety of crypto pairs by way of their chilly wallets on Telegram. Bitbot selected to leverage Telegram as it’s the main messaging platform for crypto customers. 

Per the whitepaper, Bitbot will present retail merchants with world-class options to assist them handle and develop their buying and selling portfolios. 

The cryptocurrency market has been recording distinctive development in latest months, with the overall market cap now at $2.4 trillion. Bitbot intends to make the most of the rising buying and selling quantity within the cryptocurrency market to achieve large adoption within the coming months and years.

Bitbot’s know-how could possibly be excellent for retail merchants

There are a number of buying and selling instruments out there to institutional and retail merchants. Nevertheless, Bitbot is altering the narrative by offering merchants with comparable instruments however improved manner of accessing the options and utilizing them, 

Bitbot will leverage Knightsafe to supply a self-custody answer, eliminating the everyday dangers related to Telegram buying and selling. The anti-MEV and anti-rug options at present in growth will guarantee person property are secure always. With these options, merchants can simply keep away from bots that artificially pump transaction prices and block rip-off initiatives from their timelines. 

Bitbot may also include ultra-flexible pockets administration powered by non-custodial API know-how to offer an added layer of safety to the customers.

Lastly, new merchants can attain success sooner by leveraging the copy buying and selling characteristic out there on Bitbot. With this characteristic, merchants can copy the trades of the strongest-performing wallets based mostly on on-chain actions.

Bitbot’s presale approaches $3m

The Bitbot presale is within the twelfth stage and has already raised practically $2.9m. The twelfth stage will finish as soon as the quantity raised reaches $3.186m. 

The presale continues to develop regardless of the present unstable nature of the broader crypto market. This is a sign of the undertaking’s enchantment to buyers. At present, the $BITBOT token goes for $0.0171 however is about to extend to $0.0180 as soon as the subsequent spherical commences.

In line with their tokenomics, the event group will maintain 20% of the overall token provide and can use it to fund ongoing growth. 14% of the overall token provide has already been allotted to advertising & CEX listings whereas 3% goes to alternate liquidity provision.

Click on right here to learn extra about Bitbot’s upcoming presale.

May $BITBOT surge increased after itemizing?

The crypto market has been bullish over the past couple of months. Market analysts expect an even bigger pump following final week’s halving. If this occurs, altcoins may rally increased within the medium to long run. 

Bitbot could possibly be an enormous winner out there if it rolls out its merchandise. The undertaking is about to make the most of the rising buying and selling quantity out there to acquire a large market share. With the proper stage of adoption, $BITBOT may soar increased within the coming months and years.