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Data Center News > Blog > Investments > Groundbreaking New AI Trading Bot Hits $1M Raised in ICO
Investments

Groundbreaking New AI Trading Bot Hits $1M Raised in ICO

Last updated: March 18, 2024 1:18 pm
Published March 18, 2024
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Groundbreaking New AI Trading Bot Hits $1M Raised in ICO
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London, United Kingdom, March 18th, 2024, Chainwire

The Bitbot presale continues at tempo, with the elevate now having handed $1 million in beneath 8 weeks – fuelled by an elevated curiosity in AI and buying and selling know-how that has shed a highlight on this modern new method to buying and selling.

Bitbot is trying to dominate the up-and-coming Telegram buying and selling bot market, already sitting at well over $1 billion in market cap, regardless of barely being a yr outdated. With its first-of-its-kind non-custodial buying and selling capabilities, Bitbot is lastly giving crypto merchants the ability to arrange and automate their trades with out having to surrender their non-public keys. And with out having to relinquish funds earlier than trades execute. 

The $1 million raised is accompanied by the expansion of Bitbot’s social media presence; the venture has amassed a neighborhood of over 110k on X and over 20k on Telegram in simply 8 weeks.

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

$6.5 Billion+ Acquire in Much less Than 90 Days

In 2024 alone, the cumulative buying and selling quantity within the Telegram buying and selling bot market has gone from $5.2 billion to over $12 billion, marking a major milestone. However that determine is much more spectacular when contemplating the problems that the Telegram buying and selling bot area is recovering from. 

Three outstanding cyber threats affected the sector’s popularity in 2023. Main gamers Unibot and Meastro have been hacked for $560k and $485k respectively, and Banana Gun misplaced over 90% of its token worth inside hours of launch as a result of a number of points. 

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Regardless of these setbacks, Banana Gun at present boasts a market cap of $86 million with features of +230% from its launch value, whereas Unibot has a market cap of $30 million, with the Unibot token attaining +70% features from its launch value. These figures exhibit that the Telegram buying and selling bot market continues to be very a lot alive.

Extra to the purpose, Bitbot’s non-custodial safety method and anti-rug know-how are direct mitigation ways for the safety points that befell its rivals. Bitbot’s crew believes that this provides Bitbot the differentiator wanted to take market share from the incumbents and onboard would-be clients who would possibly’ve beforehand averted the Telegram buying and selling bot area.

It provides Bitbot a very robust hand for when the BITBOT token enters the open market.

Bitbot is Poised to Interact with the Latest AI Surge

Roughly one yr on from ChatGPT’s grand 2023 entrance, AI and AI crypto are very a lot in vogue. The dimensions of the AI crypto market has cleared $40 billion this year, with 10% of the highest fifty cryptocurrencies by market cap falling inside the AI sector. 

Because the bull market marches ahead and AI targets a trillion-dollar market cap, Bitbot is strategically positioned to navigate these two developments on the identical time.

Bitbot’s Gem Scanner instrument employs synthetic intelligence to scan tons of of lively presales for probably the most doubtlessly promising tasks. Equally, Bitbot’s Snipe the Commerce function provides customers an opportunity to spend money on undervalued tasks, rigorously scanning the market and shopping for them earlier than a possible pump. All on autopilot. 

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The crew hopes that fans exploring potential tasks to assist will begin by specializing in a sector that’s already profitable (AI) after which combine that sector’s potential with Bitbot’s buying and selling and safety capabilities.

Bitbot is at present priced at $0.0122, with $63.9% in programmed presale features left for the token earlier than it finishes at a value of $0.0200. When you think about that determine compared to the aforementioned features of Banana Gun and Unibot (230% and 70%), all whereas factoring in Bitbot’s open market potential and superior safety tech, the scope for Bitbot to drastically outperform the market is huge.

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

About Bitbot

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

Audited by Stable Proof, Bitbot focuses on safety and follows the motto, “Your keys, your pockets, your property.” To this finish, the venture has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating counterparty danger and reinforcing this with anti-MEV and anti-rug know-how.

For extra data, customers ought to go to the website.

Official Website | Whitepaper | Socials

Contact

Bitbot Press Room
Bitbot
[email protected]

See also  Lower Buys Neat Labs



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Contents
$6.5 Billion+ Acquire in Much less Than 90 DaysBitbot is Poised to Interact with the Latest AI SurgeAbout Bitbot
TAGGED: Bot, Groundbreaking, hits, ICO, raised, Trading
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