London, United Kingdom, April 10th, 2024, Chainwire
Bitbot, a new Telegram trading bot, has achieved great success in its presale, surpassing $2.1 million in investments, gaining 80k Twitter and X followers, and building a Telegram community of over 27k members. The Bitbot team, confident in their product and familiar with the market, is not surprised by this level of support.
Bitbot (BITBOT) is available for purchase on the official website.
The Telegram trading bot market has seen significant growth, reaching a market cap of $1.4 billion since last summer. In 2024 alone, the cumulative trading volume has reached $18 billion, with $12 billion generated this year alone. This demonstrates the growing momentum of the industry.
Despite facing security issues, competitors Banana Gun and Maestro have gained popularity with token price gains of nearly 300% and a lifetime trading volume of $4.7 billion, respectively. The Bitbot team sees this as an opportunity for their product to tap into the untapped potential of the Telegram trading bot market, which could potentially lead to a valuation in the tens of billions.
Superior features attracting investors
Bitbot’s Technical Product Advisor, Andrew Jacobs, has guided the team in creating a product and presale that offers investors safety, reliability, and innovation in the crypto trading bot arena.
“After closely monitoring the crypto trading bot market, we have created a tool that makes trading crypto as easy as checking your email. With our team of ex-Wall Street traders and AI experts, we believe our product gives retail investors a technological advantage over institutions.”
One of the mistakes made by competitors is their lack of security. Currently, all Telegram trading bots require users to submit their private keys, making them vulnerable to hackers. Bitbot aims to overcome this obstacle by offering a non-custodial approach, making it the first secure alternative in the Telegram trading bot space.
A demo of Bitbot’s product, a rare occurrence in presale products, showcases the seamless manner in which users can gain market intelligence and place trades. This is likely to attract casual crypto investors who may have been intimidated by the complexities of crypto trading.
Potential for long-term appreciation of the BITBOT token
Despite security flaws, competitors Unibot and Banana Gun have market caps of $130 million and $20 million, respectively. With its non-custodial approach addressing the issues faced by its competitors, the Bitbot team believes that the BITBOT token has the potential to surpass these competitors in market cap and token price gains.
With perfect market timing, as altcoin season and the Bitcoin halving approach, Bitbot is strategically positioned to become a key player in the market. The team is optimistic that this could lead to double-digit returns, making Telegram trading bots the success story of 2024.
Up to 50% of Bitbot’s revenue will be distributed among BITBOT token holders, enriching the community and providing long-term support for the token.
Bitbot (BITBOT) is available for purchase on the official website.
About Bitbot
Bitbot is a new Telegram trading bot that aims to provide retail users with institutional-grade trading tools, including features such as sniping and copy trading. The project has been audited by Solid Proof, with a focus on security and the motto “Your keys, Your wallet, Your assets.” Bitbot has also partnered with Knightsafe to offer the world’s first non-custodial Telegram trading bot, mitigating counterparty risk and utilizing anti-MEV and anti-rug technology.
For more information on Bitbot (BITBOT), please visit the website.
Bitbot is the source of this content. This Press Release is for informational purposes only and does not constitute investment advice or an offer to invest.
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Bitbot
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