Why Bitbot Is the #1 Pick for 50X Gains in This Year’s Bull Run
The post Why Bitbot Is the #1 Pick for 50X Gains in This Year’s Bull Run appeared first on Coinpedia Fintech News
The Bitbot crypto presale has quickly become one of the most hotly anticipated ICOs of the year, having raised over $3.5m in a very short space of time. It has exploded into a fast-growing Telegram trading bot market that will likely take off in 2024.
This fast-selling ICO is now in stage 13 of 15, priced at $0.018, time is of the essence for investors seeking to be part of this revolutionary new AI crypto player. Here’s why Bitbot is a top crypto investment opportunity this year.
What makes Bitbot a strong investment?
Bitbot stands at the forefront of the AI crypto revolution. Its primary offering is its brand-new, proprietary Gem Scanner tool, which uses AI to scan Dexscreener and Birdeye while scanning social media feeds to find breakout, low-priced projects.
From undervalued crypto gems to massive-potential crypto presales, the Gem Scanner tool recommends tokens to investors based on market sentiment and thorough AI-powered evaluation. Recent blog posts on Medium and product demos provide further insight into how this market disruptor’s AI trading capability will play out.
In addition, Bitbot has leaned heavily on the trading experience of its development team, which includes plenty of ex-Wall Street expertise, to provide a superb, high-quality trading solution that prioritizes user security.
This dedication to user security also helps Bitbot stand out from the competition. In a market sector beset by regular security breaches, the recent closure of Solana Telegram trading bot, Solareum, saw hundreds of users lose over $500k. This fiasco follows similar breaches that hit Unibot and Banana Gun and provides context for Bitbot’s unique non-custodial, market-redefining security solution.
Since competitors Unibot and Banana Gun require users to relinquish private keys to a third party, Bitbot closes this hacking vulnerability. In addition, users are protected from potential scams with anti-MEV measures and anti-rug pull technology. These measures help ensure traders feel confident that their assets are safe, likely encouraging a hoard of users, previously wary of trading, onto Bitbot’s app – all BITBOT investors set to benefit in the process.
Bitbot price prediction and market potential
The AI sector is booming, with huge names such as Alphabet and Microsoft experiencing surging share prices recently. Bitbot’s launch, therefore, couldn’t be better timed to capitalize on this boom. Plus, that’s only one factor contributing to Bitbot’s market potential.
The Telegram trading bot market is growing rapidly too. With over $21 billion in lifetime trading value, over 500,000 daily trades on average, and an average daily trading volume of nearly $90 million achieved, Bitbot has a massive, growing market to grab a slice of. Since this market has barely been around for a year, Bitbot has little in the way of established competitors to contend with.
Still, plenty of the current players have proved impressive. Looking at the performance of Banana Gun and Unibot offers further insight into Bitbot’s potential. And despite several security breaches, the Telegram bot sector was valued at around $1 billion at press time.
After launching at $9.9389 in September 2023, Banana Gun surged past the $50 barrier at the beginning of April 2024, amassing a market cap of over $133 million. Although it has settled back to just about $30 at the time of writing, Banana Gun illustrates the rich potential of Telegram trading bots despite the well-publicized bug found in the contract that saw 90% of its value lost.
Similarly, Unibot surged to a $200+ million market cap within two months of launching in June 2023 before being hit by a $560k security breach. Although Unibot has since reset to around $13 at the time of writing, it remains illustrative of the rich profit potential a Telegram trading bot can rapidly achieve.
The opportunity the Bitbot presale presents
With the halving complete, the US Treasury announcing a buyback plan, and the AI market set to grow at a CAGR of 26.96%, Bitbot will launch on the open market at the perfect time. Standing at the apex of two rapidly growing sectors, AI and Telegram trading bots, Bitbot could surge by at least 50x this year as it maneuvers to the forefront of the AI trading bot sector.
Plus, there are 11.11% gains remaining for anyone investing today. So, if you’re looking for a pioneering new crypto project bursting with innovation, grab your BITBOT tokens and join the AI trading revolution.
