Bitcoin has been struggling in recent weeks and could record further losses if the market condition persists. At press time, the price of Bitcoin stands at $63,030, up by less than 1% in the last 24 hours. The poor performance comes ahead of the Bitcoin halving event in two days, where mining rewards will be slashed by 50%. Historically, this event has led to a surge in Bitcoin’s price, but its performance in the near term remains uncertain.
While Bitcoin and other major altcoins continue to underperform, some presales are generating record funding from investors. One of these projects is Bitbot, which aims to address pain points in the market. Bitbot is a Web3 project that offers a Telegram trading bot, giving users more control over their trades. It is set to provide high-end features and has the potential to become a widely used tool among cryptocurrency traders.
To improve the trading chances of its users, Bitbot is introducing a range of tech innovations, such as self-custody solutions, anti-MEV and anti-rug features, and copy-trading capabilities. The project has raised $2.5 million so far in its presale rounds, with the token going for $0.0155 in the current round. The team holds 20% of the total token supply for ongoing development, and 14% is allocated for marketing and listings.
Despite the market conditions, Bitbot’s presale continues to attract investors, and the project aims to gain massive adoption by offering unique technologies. As trading volume in the market increases, BITBOT could see a surge in adoption and become one of the biggest winners in this cycle. Click here to read more about Bitbot’s upcoming presale.
Should you buy the Bitbot token now? With its potential for growth and unique features, Bitbot could be a good investment opportunity for traders. As the market conditions improve and demand for its services increases, the project has the potential to become a successful and widely used trading tool.
