Key takeaways
- Bitbot is presently in its twelfth presale stage and has raised almost $2.9 million.
- The presale value will improve to $0.018 within the subsequent stage.
The cryptocurrency market has been risky since final week’s halving, with costs of Bitcoin and different main altcoins fluctuating. Nonetheless, that hasn’t stopped Bitbot’s progress as its presale approaches a brand new milestone.
What’s Bitbot?
Bitbot is a novel Web3 undertaking focusing on cryptocurrency merchants. It’s a Telegram buying and selling bot that provides customers entry to high-end buying and selling options.
It’s designed for retail cryptocurrency merchants because it permits them to commerce a variety of crypto pairs by way of their chilly wallets on Telegram. Bitbot selected to leverage Telegram as it’s the main messaging platform for crypto customers.
Per the whitepaper, Bitbot will present retail merchants with world-class options to assist them handle and develop their buying and selling portfolios.
The cryptocurrency market has been recording distinctive progress in latest months, with the full market cap now at $2.4 trillion. Bitbot intends to benefit from the rising buying and selling quantity within the cryptocurrency market to realize large adoption within the coming months and years.
Bitbot’s expertise could possibly be perfect for retail merchants
There are a number of buying and selling instruments out there to institutional and retail merchants. Nonetheless, Bitbot is altering the narrative by offering merchants with related instruments however improved means of accessing the options and utilizing them,
Bitbot will leverage Knightsafe to supply a self-custody resolution, eliminating the everyday dangers related to Telegram buying and selling. The anti-MEV and anti-rug options presently in growth will guarantee consumer property are protected always. With these options, merchants can simply keep away from bots that artificially pump transaction prices and block rip-off tasks from their timelines.
Bitbot can even include ultra-flexible pockets administration powered by non-custodial API expertise to offer an added layer of safety to the customers.
Lastly, new merchants can attain success quicker by leveraging the copy buying and selling function out there on Bitbot. With this function, merchants can copy the trades of the strongest-performing wallets primarily based on on-chain actions.
Bitbot’s presale approaches $3m
The Bitbot presale is within the twelfth stage and has already raised almost $2.9m. The twelfth stage will finish as soon as the quantity raised reaches $3.186m.
The presale continues to develop regardless of the present risky nature of the broader crypto market. This is a sign of the undertaking’s attraction to buyers. At present, the $BITBOT token goes for $0.0171 however is about to extend to $0.0180 as soon as the subsequent spherical commences.
In accordance with their tokenomics, the event crew will maintain 20% of the full token provide and can use it to fund ongoing growth. 14% of the full token provide has already been allotted to advertising and marketing & CEX listings whereas 3% goes to alternate liquidity provision.
Click on right here to learn extra about Bitbot’s upcoming presale.
May $BITBOT surge increased after itemizing?
The crypto market has been bullish during the last couple of months. Market analysts predict an even bigger pump following final week’s halving. If this occurs, altcoins might rally increased within the medium to long run.
Bitbot could possibly be a giant winner out there if it rolls out its merchandise. The undertaking is about to benefit from the rising buying and selling quantity out there to acquire a large market share. With the correct stage of adoption, $BITBOT might soar increased within the coming months and years.