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More

    Groundbreaking New AI Buying and selling Bot Hits $1M Raised in ICO

    Latest News

    London, United Kingdom, March 18th, 2024, Chainwire

    The Bitbot presale continues at tempo, with the elevate now having handed $1 million in underneath 8 weeks – fuelled by an elevated curiosity in AI and buying and selling expertise that has shed a highlight on this progressive new strategy to buying and selling.

    Bitbot is trying to dominate the up-and-coming Telegram buying and selling bot market, already sitting at nicely over $1 billion in market cap, regardless of barely being a 12 months previous. With its first-of-its-kind non-custodial buying and selling capabilities, Bitbot is lastly giving crypto merchants the facility to arrange and automate their trades with out having to surrender their non-public keys. And with out having to relinquish funds earlier than trades execute. 

    The $1 million raised is accompanied by the expansion of Bitbot’s social media presence; the challenge has amassed a neighborhood of over 110k on X and over 20k on Telegram in simply 8 weeks.

    Bitbot (BITBOT) is available for purchase on the official web site.

    $6.5 Billion+ Acquire in Much less Than 90 Days

    In 2024 alone, the cumulative buying and selling quantity within the Telegram buying and selling bot market has gone from $5.2 billion to over $12 billion, marking a major milestone. However that determine is much more spectacular when contemplating the problems that the Telegram buying and selling bot house is recovering from. 

    See also  Crypto Analyst Predicts BTC To Hit $27K if Bulls Defend $22K Assist

    Three outstanding cyber threats affected the sector’s fame in 2023. Main gamers Unibot and Meastro have been hacked for $560k and $485k respectively, and Banana Gun misplaced over 90% of its token worth inside hours of launch because of a number of points. 

    Regardless of these setbacks, Banana Gun at the moment boasts a market cap of $86 million with positive aspects of +230% from its launch worth, whereas Unibot has a market cap of $30 million, with the Unibot token attaining +70% positive aspects from its launch worth. These figures exhibit that the Telegram buying and selling bot market remains to be very a lot alive.

    Extra to the purpose, Bitbot’s non-custodial safety strategy and anti-rug expertise are direct mitigation techniques for the safety points that befell its rivals. Bitbot’s workforce believes that this offers Bitbot the differentiator wanted to take market share from the incumbents and onboard would-be prospects who would possibly’ve beforehand averted the Telegram buying and selling bot house.

    It provides Bitbot a very robust hand for when the BITBOT token enters the open market.

    Bitbot is Poised to Have interaction with the Latest AI Surge

    Roughly one 12 months on from ChatGPT’s grand 2023 entrance, AI and AI crypto are very a lot in vogue. The scale of the AI crypto market has cleared $40 billion this 12 months, with 10% of the highest fifty cryptocurrencies by market cap falling inside the AI sector. 

    See also  Binance ditches BUSD’s Bitcoin free buying and selling for TUSD

    Because the bull market marches ahead and AI targets a trillion-dollar market cap, Bitbot is strategically positioned to navigate these two developments on the similar time.

    Bitbot’s Gem Scanner device employs synthetic intelligence to scan tons of of energetic presales for essentially the most doubtlessly promising tasks. Equally, Bitbot’s Snipe the Commerce function provides customers an opportunity to spend money on undervalued tasks, rigorously scanning the market and shopping for them earlier than a possible pump. All on autopilot. 

    The workforce hopes that fanatics exploring potential tasks to help will begin by specializing in a sector that’s already profitable (AI) after which combine that sector’s potential with Bitbot’s buying and selling and safety capabilities.

    Bitbot is at the moment priced at $0.0122, with $63.9% in programmed presale positive aspects left for the token earlier than it finishes at a worth of $0.0200. When you think about that determine compared to the aforementioned positive aspects of Banana Gun and Unibot (230% and 70%), all whereas factoring in Bitbot’s open market potential and superior safety tech, the scope for Bitbot to drastically outperform the market is huge.

    Bitbot (BITBOT) is available for purchase on the official web site.

    About Bitbot

    Bitbot is a brand new Telegram buying and selling bot that goals to place institutional-grade buying and selling instruments within the fingers of retail customers, to allow them to commerce utilizing a wide range of superior options, together with sniping and duplicate buying and selling.

    See also  Ethereum (ETH) Loses Battle Towards Bitcoin (BTC): No Alt Season?

    Audited by Strong Proof, Bitbot focuses on safety and follows the motto, “Your keys, your pockets, your property.” To this finish, the challenge 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 ought to go to the web site.

    Official Web site | Whitepaper | Socials

    Contact

    Bitbot Press Room
    Bitbot
    [email protected]

    Disclaimer: The data offered on this article is a part of a sponsored/press launch/paid content material, meant solely for promotional functions. Readers are suggested to train warning and conduct their very own analysis earlier than taking any motion associated to the content material on this web page or the corporate. Coin Version shouldn’t be answerable for any losses or damages incurred because of or in reference to the utilization of content material, merchandise, or companies talked about.

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