London, United Kingdom, Might 2nd, 2024, Chainwire
AI-powered Telegram buying and selling bot, Bitbot, has surged previous the $3M mark in its presale after outlining its up to date product providing. Bitbot now features a layer of AI growth on its blockchain evaluation software, Gem Scanner. The challenge has hurtled into stage 12 of its quick 15-stage presale as a consequence of finish this quarter, at which level the BITBOT token will probably be unleashed upon the open market.
The Bitbot group now numbers over 140k, with 110k+ followers on X and a Telegram channel approaching 30k. Bitbot’s workforce hopes to transform a great portion of this into paying clients when the product launches this yr.
The presale has been supported by Bitbot’s current rebrand, which features a new web site with up to date visuals and, most crucially, a highlight on Bitbot’s AI options. Bitbot’s workforce is optimistic that investing in AI to spice up its buying and selling engine is without doubt one of the components doubtless driving the heightened curiosity within the presale.
Bitbot is establishing its standing as a game-changing challenge by providing the world’s first non-custodial Telegram buying and selling platform, making certain customers’ funds solely switch as soon as trades are full. That is mixed with an arsenal of AI buying and selling weapons that give retail traders the firepower they want when competing in opposition to the establishments.
Bitbot (BITBOT) is available for purchase on the official site.
Gem Scanner: merging AI with on-chain evaluation
Powered by Bitbot’s proprietary AI, the Gem Scanner goals to uncover undervalued, low-cap tokens with the potential to realize multi-digit rallies.
The Gem Scanner scours high information aggregators comparable to DEX Screener and Birdeye whereas combining social media feeds to make predictions based mostly on each market information and viewers sentiment.
This productivity-boosting tech eliminates the reliance on conducting hours of meticulous market evaluation. It’ll usually attraction to retail merchants and due to this fact assist drive manufacturing adoption. With this providing, the workforce hopes to see Bitbot take market share away from key opponents Banana Gun and Maestro over the approaching yr.
AI and blockchain are on the rise
Tech stalwarts Google and Microsoft each loved AI-driven stock price surges not too long ago, with Reuters reporting spikes of 10% and a couple of%, respectively.
And with demand for AI options outstripping capacity to produce the market, the trade seems poised for sustained progress. That is supported by sector predictions, which lay out an anticipated compounded annual progress charge (CAGR) of 28.4% per yr till 2030.
Blockchain gives an analogous story, with a CAGR of 24% projected. AI crypto tokens are at the moment valued at slightly below $20 billion, with a every day buying and selling quantity of round $900 million, in response to CoinGecko.
Bitbot has repositioned itself to fulfill this rising demand for AI within the crypto market by providing a spread of superior applied sciences.
Talking on the choice to refocus efforts in the direction of AI capabilities, Bitbot’s Technical Product Officer, Andrew Jacobs, stated:
“Our mission has all the time been to present our customers the instruments which have enabled establishments to dominate monetary markets, and the advantages our AI gives are the perfect equalizer we’ve seen available on the market thus far. Plus, AI positioning is at the moment producing nice returns for a lot of initiatives within the house, and we predict BITBOT holders will really feel the advantage of this.”
Bitbot’s thrilling market outlook
With its enhanced deal with AI, Bitbot is positioned to interact with the growing curiosity in AI initiatives. The market has noticed notable exercise, such because the efficiency of BitTensor (TAO), an AI coin which skilled important worth adjustments, rising from $34 final yr to $757 in March.
Inside the Telegram bot sector, there may be loads of precedent for robust efficiency as nicely. Rivals like Banana Gun have skilled 200% rallies in simply six months, and in early April, they noticed 80x gains from early presale price. With its enhanced safety and AI iterations on these first-generation merchandise, the Bitbot workforce is optimistic about surpassing these outcomes.
About Bitbot
Bitbot is a brand new AI Telegram buying and selling bot that goals to place institutional-grade buying and selling instruments within the palms 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 pockets, Your property.” To this finish, the challenge has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating counterparty threat and reinforcing this with anti-MEV and anti-rug know-how.
For extra data, customers can go to the website.
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Bitbot is the supply of this content material. This Press Launch is for informational functions solely. The data doesn’t represent funding recommendation or a proposal to take a position.
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