London, UK, April 10, 2024, Chainwire
Just a few weeks after hitting seven figures, bitbot continues its pre-sale success and has now raised over $2.1 million and has over 80,000 followers on Twitter/X and over 27,000 in the Telegram community. This level of involvement and support comes as no surprise to his Bitbot team, who are familiar with the market landscape and confident in their compelling product offering.
Bitbot (BITBOT) is Official site.
Back in October, the Telegram trading bot market had fewer than 10,000 daily active users.But it grew to about Market capitalization $1.4 billion Since last summer. Furthermore, from among them, Cumulative trading volume of $18 billion$12 billion of that will occur in 2024 alone, showing that the industry is gaining momentum day by day.
Competitor Banana Gun (nearby) +300% Token price increase this year) and Maestro (Lifetime trading volume, $4.7 billion) have proven popular despite both suffering security incidents. The Bitbot team sees this as billions of dollars of untapped potential in the Telegram trading bot space. The space simply needs a safe alternative to drive an influx of thousands of new users. Such a development could completely change the current niche status of Telegram trading bots and significantly boost the valuation of this sector into the tens of billions of dollars.
Superior features attract investors
Bitbot's technical product advisor, Andrew Jacobs, has carefully guided the team to deliver products and presales that provide investors with the hallmarks of safety, reliability, and innovation in the crypto trading bot space.
“After watching the crypto trading bot market like a hawk, we learned from the mistakes of others and of A tool that makes trading cryptocurrencies as easy as checking your email. Additionally, with our team of former Wall Street traders and AI-savvy developers, we believe our products can provide retail investors with a technological edge over institutional investors. ”
One specific mistake that our competitors are making is on the security side. Currently, all Telegram trading bots require users to submit their private keys, leaving users vulnerable to hackers, and Unibot and Maestro suffered this fate.
The Bitbot team sees vulnerabilities found in Telegram trading bots as a major bottleneck, hindering user acquisition and limiting market growth. As a result, Bitbot offers the industry the first chance to overcome this significant obstacle.
in newly released demoUnusual for products on pre-sale, viewers are shown a frictionless way for users to obtain market information and place trades. This is likely to appeal to a large number of casual crypto investors who have previously been intimidated by the complexity of crypto trading.
Long-term value appreciation potential for Bitbot tokens
But de security flaw upon their records, solid competitors Unibot and Banana Gun, currently have market capitalizations of approximately $130 million and $20 million, respectively. Given that Bitbot's non-custodial approach directly addresses the issues holding back its competitors, the team believes his BITBOT token will have a significant impact on its ability to outperform its competitors in both market capitalization and token price growth. Having the elements makes me optimistic.
The Bitbot team believes that perfect market timing and the impact of the Bitcoin halving have positioned Bitbot to be a major player, as altcoin season is likely just around the corner. The team is optimistic that this strategic positioning will lead to his double-digit revenue and potentially his Telegram trading bot could be his 2024 success story.
Up to 50% of Bitbot's revenue will be distributed equally to BITBOT token holders, enriching the community and fueling long-term support of BITBOT tokens.
Bitbot (BITBOT) is Official site.
About Bitbot
bitbot is a new 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 about Bitbot (BITBOT), users can visit: Website.
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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.
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