Traders purchase Bitbot amid AI tokens surge

• Traders in AI tokens have pushed Render, Fetch.ai and AGIX costs larger.
• This comes because the market sentiment holds bullish forward of Nvidia’s upcoming GTC AI convention.
• Bitbot, a brand new Telegram buying and selling bot, can also be seeing aggressive investor exercise as its presale hits $845k.

After meme cash outperformed this week led by Shiba Inu, dogwifhat and Pepe, its synthetic intelligence associated tokens which are flying now. In keeping with market specialists, the AI token sector is probably going getting impetus from the upcoming Nvidia GTC AI 2024 convention.

Notably, meme cash are additionally nonetheless scorching as Bitcoin holds above $66k. One other scorching development available in the market this week is Bitbot (BITBOT), the brand new Telegram buying and selling bot that analysts have forecast may very well be a 100x token in 2024.

Bitbot proves enticing as AI tokens surge

AI tokens Render (RNDR), Fetch.ai (FET) and SingularityNET (AGIX) are hovering, with RNDR seeing a 31% spike up to now 24 hours, FET +36%, and AGIX +28%. 

LookonChain shared the info, noting that these tokens have surged because the AI narrative will get contemporary push forward of the upcoming NVIDIA GTC AI convention.

However as these tokens shine as have meme cash in current weeks, one challenge making all of the underground waves because it appears to blow up is Bitbot (BITBOT).

Crypto merchants taking an early place with Bitbot have to date allotted over $845k into BITBOT, the native utility and governance token of the Bitbot ecosystem. This has Bitbot roaring in stage 4 of 15 levels.

There’s 300 million BITBOT tokens up for grabs throughout the presale. Presently, the pricing for every token is a mere $0.0116.

What’s Bitbot?

Bitbot is a brand new challenge throughout the more and more scorching phase of Telegram buying and selling bots. Though nonetheless in presale, the curiosity within the native token and upcoming app launch has Bitbot inflicting ripples throughout the market.

A giant a part of this has to do with the truth that that is the world’s first non-custodial buying and selling bot on Telegram. The implication is immense, most notably for crypto merchants who’ve in the previous few months witnessed safety incidents involving bots equivalent to Unibot, Banana Gun and Maestro.

Bitbot lately supplied a product replace, outlining the structure of its non-custodial buying and selling answer. This replace included an outline of how the bot faucets into the self-custody expertise of KnightSafe to make sure a safe buying and selling platform for customers.

And it’s not simply this non-custodial function that elevates Bitbot above its would-be rival Telegram bots. There’s extra for consumer security with anti-MEV and anti-rug instruments.

Is the presale an excellent time to spend money on Bitbot?

As famous, Bitbot will provide greater than only a premier institutional-grade buying and selling bot on Telegram. BITBOT generally is a nice funding alternative.

In comparison with present Telegram buying and selling bots, Bitbot presents an unparalled benefit to customers – the possibility to leverage a stage playground when it comes to entry to instruments whereas remaining in full management of their property’ keys.

Anticipation is skyrocketing and BITBOT may very well be one of many tokens to blow up in 2024 as tokens checklist on exchanges and the bot launches available in the market. This outlook solidifies when as an illustration, one appears on the 9,500% surge that Unibot noticed between Could 2023 and August 2023. The challenge’s token rose from lows of $2.46 to $236.

However the incidents of October final yr have contributed to its decline throughout the market. With a superior bot like Bitbot poised to take over, a 100x efficiency is feasible. 

Discover out extra about Bitbot from their whitepaper right here.