New Non-Custodial Telegram Buying and selling Bot Bitbot Raises $300k In First 72 Hours Of Presale – Blockchain Information, Opinion, TV and Jobs


Inside 72 hours of its presale launch on the seventeenth of January, Bitbot raised an unbelievable $300,000.

Bitbot goals to guide the marketplace for Telegram buying and selling bots, a quickly rising section 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 observe, this implies these buyers with heavy telegram utilization, which of the 800 million energetic Telegram customers is substantial, not must function throughout two functions to handle their trades: an alternate and the Telegram app. Moreover, Telegram buying and selling bots supply the entire automated buying and selling options seen in alternate apps, bringing the very best 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 have now an awesome crew and I’m trying ahead to driving the product’s evolution and assembly the Bitbot group on our common AMAs, which might be introduced on our social channels all through the presale.”

The Bitbot crew is seeking to act shortly with a relatively small $4.3 million elevate goal, predicting a fast presale, with costs beginning at $0.0100 and ending at $0.0200, doubtlessly providing 100% positive aspects for the early buyers previous to the challenge itemizing. An extra incentive is the engaging proposition that Bitbot token holders will obtain 50% of the corporate’s earnings distributed as a share of their holdings as soon as it launches this 12 months.

Bitbot (BITBOT) is available for purchase on the official web site.

Bitbot’s Push for Mass Market Adoption

Telegram buying and selling bots improve comfort by enabling customers to execute all the buying and selling course of inside Telegram, the popular messaging platform for crypto, bypassing the continuously convoluted consumer 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 the moment dominated by conventional cryptocurrency exchanges. Even Bitspay, constantly 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 improvement crew 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 may be stubbornly complicated, with many counting on consumer instructions to function them. Moreover, quite a few safety points have plagued even the largest gamers out there, leaving a bitter style for some however a doubtlessly very candy upside for the Bitbot model.

Bitbot takes each of those points head-on. Firstly, it removes the necessity for complicated instructions by providing an intuitive in-app interface that might be instantly recognisable to alternate customers.

Secondly, it affords non-custodial buying and selling, that means customers can combine Bitbot with their chilly wallets and get rid of the uncomfortable want to surrender their non-public 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 up to now an unprecedented providing within the Telegram buying and selling bot market, a really distinctive and progressive method specializing in institutional-grade asset safety.

The bot affords a myriad of superior options that may attraction to each newbie and superior merchants, from copy buying and selling to automated sniping.

Tokenomics and Presale Roadmap

As per the challenge’s whitepaper, the Bitbot presale will run by way of Q1 and see the challenge listing on exchanges in Q2 (until the presale sells out early, which is feasible on the present trajectory).

Allocation particulars embrace 30% reserved for the presale, 20% for the event crew, 14% earmarked for advertising and marketing, 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 crew will endure a 1-year vesting interval, guaranteeing long-term dedication from the crew.

Bitbot’s Spectacular Journey Within the Crypto Market

Unibot and Banana Gun, competing buying and selling bots, swiftly gained prominence, with Unibot’s token value passing $230 in simply three months of launch. Buyers in Unibot’s presale reportedly noticed positive aspects of round 200x, based on a latest CoinDesk article.

Bitbot hopes to comply with of their footsteps and its spectacular elevate has been aided by its group, which quickly grew over 90K followers on X and over 5100 members on its Telegram inside every week of the presale’s announcement. The challenge 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 been picked up by notable crypto publications like Invezz who’ve already listed Bitbot amongst their high cryptos for 2024.

Bitbot is a brand new Telegram buying and selling bot that goals to place institutional-grade buying and selling instruments within the arms of retail customers, to allow them to commerce utilizing a wide range of superior options together with sniping and replica buying and selling.

Audited by Strong Proof, Bitbot focuses on safety and follows the motto, “your keys, your belongings.” To this finish the challenge has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating in opposition to counterparty danger and reinforcing this with anti-MEV and anti-rug expertise.

For extra info and to purchase Bitbot (BITBOT) customers can go to Bitbot’s web site.

Web site | Whitepaper | Socials





Leave a comment