New York, USA, January twenty fourth, 2024, Chainwire
Inside 72 hours of its presale launch on the seventeenth of January, Bitbot raised an unimaginable $300,000.
Bitbot goals to guide the marketplace for Telegram buying and selling bots, a quickly rising phase of the buying and selling app market that has seen a substantial $7 billion in lifetime buying and selling quantity.
Telegram buying and selling bots let merchants handle a cryptocurrency buying and selling portfolio inside Telegram’s app. In apply, this implies these buyers with heavy Telegram utilization, which of the 800 million lively Telegram customers is substantial, now not have to function throughout two purposes to handle their trades: trade and the Telegram app. Moreover, Telegram buying and selling bots supply all the automated buying and selling options seen in trade apps, bringing the perfect of two worlds collectively into one seamless bundle.
Bitbot’s Technical Product Advisor, Andrew Jacobs, commented: “As we expertise a pivotal level in Web3’s evolution, I’m completely happy to announce Bitbot’s launch. Our mission is to equip retail merchants with highly effective institution-grade instruments in a easy and intuitive buying and selling interface that’s backed by strong safety. We’ve got an amazing workforce and I’m wanting ahead to driving the product’s evolution and assembly the Bitbot group on our common AMAs, which shall be introduced on our social channels all through the presale.”
The Bitbot workforce is seeking to act shortly with a relatively small $4.3 million elevate goal, predicting a speedy presale, with costs beginning at $0.0100 and ending at $0.0200, probably providing 100% positive aspects for the early buyers previous to the mission itemizing. An extra incentive is the engaging proposition that Bitbot token holders will obtain 50% of the corporate’s income distributed as a share of their holdings as soon as it launches this 12 months.
Bitbot (BITBOT) is available for purchase on the official website.
Bitbot’s Push for Mass Market Adoption
Telegram buying and selling bots improve comfort by enabling customers to execute your entire buying and selling course of inside Telegram, the popular messaging platform for crypto, bypassing the ceaselessly convoluted person expertise related to exchanges.
While buying and selling volumes on Telegram buying and selling bots have been spectacular, it’s apparent that there’s nonetheless a majority share left within the pie at present dominated by conventional cryptocurrency exchanges. Even Bitspay, persistently ranked among the many high 70 exchanges on CMC, has a quantity just like that of all of the Telegram buying and selling bots mixed. The sheer scale of the chance turns into evident by way of the potential market share, and it’s this sort of potential that’s driving the product and growth workforce and Bitbot to ship a product appropriate for mass adoption.
That is arguably one of many points with Bitbot’s opponents. Telegram buying and selling bots could be stubbornly advanced, with many counting on person instructions to function them. Moreover, plenty of safety points have plagued even the most important gamers available in the market, leaving a bitter style for some however a probably very candy upside for the Bitbot model.
Bitbot takes each of those points head-on. Firstly, it eliminates the necessity for advanced instructions by providing an intuitive in-app interface that shall be instantly recognizable to trade customers.
Secondly, it gives non-custodial buying and selling, which means customers can combine Bitbot with their chilly wallets and get rid of the uncomfortable want to surrender their personal keys for the bot’s highly effective automated buying and selling options to kick in. That is supported by the model’s partnership with safe custody expertise developer Knightsafe and is to date an unprecedented providing within the Telegram buying and selling bot market, a very distinctive and modern method specializing in institutional-grade asset safety.
The bot gives a myriad of superior options that may enchantment to each newbie and superior merchants, from copy buying and selling to automated sniping.
Tokenomics and Presale Roadmap
As per the mission’s whitepaper, the Bitbot presale will run by way of Q1 and see the mission record on exchanges in Q2 (except the presale sells out early, which is feasible on the present trajectory).
Allocation particulars embrace 30% reserved for the presale, 20% for the event workforce, 14% earmarked for advertising, 3% for liquidity, 2.3% out there to the group (comprising rewards and airdrops), and 10% allotted to a treasury.
The 20% designated for the event workforce will endure a 1-year vesting interval, guaranteeing long-term dedication from the workforce.
Bitbot’s Spectacular Journey Within the Crypto Market
Unibot and Banana Gun, competing buying and selling bots, swiftly gained prominence, with Unibot’s token worth passing $230 in simply three months of launch. Traders in Unibot’s presale reportedly noticed positive aspects of round 200x, in response to a latest CoinDesk article.
Bitbot hopes to observe of their footsteps, and its spectacular rise has been aided by its group, which quickly grew to over 90K followers on X and over 5100 members on its Telegram inside every week of the presale’s announcement. The mission is now already in Stage 2, with the token priced at $0.011 and solely 9,200,000 tokens left earlier than the value will increase by 5% for Stage 3.
Bitbot hopes to draw presale buyers on the heels of the latest Bitcoin ETF acceptance and elevated buying and selling exercise within the cryptocurrency market. This has drawn a major social following and has been picked up by notable crypto publications like Invezz, who’ve already listed Bitbot amongst their high cryptos for 2024.
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.
Audited by Stable Proof, Bitbot focuses on safety and follows the motto, “Your keys, your property.” To this finish, the mission 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 and to purchase Bitbot (BITBOT), customers can go to Bitbot’s web site.
Web site | Whitepaper | Socials
CEO
Bitbot
[email protected]