London, UK, May 2, 2024, Chainwire
Telegram trading bot powered by AI; bitbot skyrocketed past the $3 million mark in pre-sale after outlining an updated product. Bitbot currently includes a layer of his AI development in its blockchain analysis tool, Gem Scanner. The project is entering stage 12 of his short 15-stage presale, scheduled to end this quarter, at which point he will unleash the BITBOT token onto the public market.
The Bitbot community currently has over 140,000 members. 110,000+ followers on X and telegram channel approaching 30k. The Bitbot team hopes to convert a significant portion of these into paying customers when the product launches this year.
This pre-sale is supported by Bitbot's recent rebranding, which spotlights a new website with modern visuals and, most importantly, Bitbot's AI capabilities. The Bitbot team is optimistic that investment in AI to power the trading engine is one of the factors driving increased interest in pre-sales.
Bitbot has established itself as an innovative project by offering a world-first service. non-detainee Telegram trading platform. Ensures that the user's funds are transferred only when the transaction is completed. This is combined with his arsenal of AI trading weapons that provide retail investors with the firepower they need when competing with institutional investors.
Bitbot (BITBOT) is Official site.
Gem Scanner: Combining AI and on-chain analytics
Powered by Bitbot's proprietary AI, Gem Scanner aims to discover undervalued low-cap tokens with the potential for multi-digit rallies.
Gem Scanner examines top data aggregators like DEX Screener and Birdeye and combines social media feeds to make predictions based on both market data and audience sentiment.
This productivity technology eliminates the need for hours of in-depth market analysis. This is usually attractive to retail traders and therefore helps drive product adoption. With this service, the team hopes Bitbot will take market share from major competitors Banana Gun and Maestro over the next year.
AI and blockchain are on the rise
Tech heavyweights Google and Microsoft were both having fun. Stock prices soar due to AI Most recently, Reuters reported spikes of 10% and 2%, respectively.
There is also demand for AI functions exceeds ability The industry looks poised for sustained growth to supply the market. This is supported by sector forecastis expected to have a compound annual growth rate (CAGR) of 28.4% per year through 2030.
blockchain offers a similar story, with a projected CAGR of 24%. According to , the value of AI crypto tokens is currently just under $20 billion, with daily trading volume of about $900 million. CoinGecko.
Bitbot has repositioned itself to meet the growing demand for AI in the cryptocurrency market by offering a variety of advanced technologies.
Commenting on the decision to refocus efforts on AI capabilities, Andrew Jacobs, Head of Technology Products at Bitbot, said:
“Our mission has always been to provide users with tools that enable financial institutions to dominate the financial markets, and the benefits our AI provides are among the best we have seen in the market to date. It's the equalizer. Furthermore, AI positioning is currently bringing significant benefits to many projects in this field, and we predict that BITBOT holders will feel the benefits.”
Bitbot’s exciting market outlook
By increasing its focus on AI, Bitbot is positioned to address the growing interest in AI projects. The market has observed notable movements, such as the performance of BitTensor (TAO), an AI coin that has experienced significant price fluctuations, rising from $34 last year to $757 in March.
There is also a lot of precedent for good results in the Telegram bot space. Competitors like Banana Gun 200% gathering Just six months later, in early April, 80x profit off early pre-sale prices. With enhanced security and AI iterations in these first-generation products, the Bitbot team is optimistic about exceeding these results.
About Bitbot
Bitbot is a new AI Telegram trading bot that aims to put institutional-grade trading tools into the hands of retail users, allowing them to trade using a variety of advanced features, including sniping and copy trading.
Audited by Solid Proof, Bitbot focuses on security and lives by the motto “Your Keys, Your Wallet, Your Assets.” To achieve this objective, the project partnered with Knightsafe to deliver the world's first non-custodial Telegram trading bot to reduce counterparty risk, and enhanced it with anti-MEV and anti-lag technology.
For more information, users can visit: Website.
Official website | white paper | social
The source of this content is Bitbot. This press release is for informational purposes only. This information does not constitute investment advice or investment recommendations.
contact
bitbot press team
bitbot
pr@bitbot.com
Source: www.the-blockchain.com
