The Telegram bot market, aimed at helping crypto traders increase profits and minimize stress, is going from strength to strength. Currently valued at around $1 billion, this market sector has grown at a rapid rate, driven by the likes of Banana Gun.
This industry’s success has occurred despite some security issues, and Bitbot recently launched its ICO, offering a trading bot with a non-custodial security solution to address these issues.
Currently in stage 13 of its presale and available at just $0.018, here’s why Bitbot is being touted as the best new crypto to invest in.
Telegram Bot Market Insights: Rapid Growth Despite Security Flaws
Since their launch around a year ago, over $20 billion has been traded on Telegram bots across 1.5 million users and over 100 million lifetime trades. Indeed, average daily trading volumes are now around $100 million. These numbers demonstrate the incredible popularity and user trust in the Telegram bot market sector.
However, despite these impressive figures, industry experts wonder what might have been without the regular, high-profile security breaches that continually plague the sector.
For instance, Banana Gun was accused of an attempted rug-pull, but it was a bug in the platform’s code, and 90% of its value was wiped off in hours. At the same time, Unibot and Maestro suffered breaches that saw $1 million of users’ funds stolen.
Bitbot aims to resolve these security flaws with its new ultra-security-focused solution. This is likely to usher in bucketloads of fresh investment from security-conscious traders who were previously wary of Telegram bots and their lack of security. Such growth will only benefit BITBOT token holders.
Bitbot: Outstanding Security, Outstanding Trading Capability
Bitbot’s new Telegram trading solution has already raised $3.3m to date and is leaning into the “not your keys, not your crypto” standards via its strategic partnership with cybersecurity firm Knightsafe.
Banana Gun, Unibot, and Maestro require users to give up private keys to a third party while trades execute, thus exposing assets to potential hackers. However, Bitbot’s non-custodial solution eliminates this risk by allowing users to retain full control of funds until trades are complete.
But that’s only half the story. Recent posts on Medium and the recent product demo outline Bitbot’s excellent trading features. For instance, the proprietary Gem Scanner tool uses the power of AI to scan through data from social media feeds, Dexscreener, and Birdeye to find potential breakout projects. From low-priced crypto gems to high-potential presales, the Gem Scanner evaluates tokens and recommends them to investors based on market and investor sentiment.
This rich combination of high security and outstanding trading tools has made Bitbot many analysts’ choice as the best new crypto to invest in this year.
How High Can Bitbot Go?
One look at the performance of Bitbot’s closest market challengers illustrates the potential for this new Telegram bot to bring incredible returns to users’ pockets.
Banana Gun, for example, broke the $50 milestone at the beginning of April 2024, simultaneously amassing an incredible $133 million market cap. This came only a short time after its September 2023 launch at just $9.9389. Although that price has slipped back in recent weeks to around $30 at press time, it remains around 175% up on its initial listing price.
Not only that, AI is booming right now, with big names like Alphabet and Microsoft experiencing share price pumps. As a result, Bitbot’s launch couldn’t be better timed to coincide with this surge in AI this year, alongside the expected bull run in the aftermath of the Bitcoin halving event.
As a result, Bitbot, with its unique and all-encompassing ecosystem that combines impregnable security features with an outstanding suite of AI trading features, will likely send its token well into the 100x range, making it a top pick for 2024.
Bitbot Ushering in a New Era of AI Sophistication to Crypto Trading Bot Sector
The unstoppable march of the Telegram bot market is ongoing, and Bitbot is timing its launch to perfection. With the broader crypto market about to feel the full impact of the recent Bitcoin halving through an expected bullish surge, Bitbot’s superior all-around solution could make it a leader among Telegram bots.
Interested investors can now make 11.11% returns in token price gains before the presale closes. So, if you want to be part of the best new crypto hitting the market this year, don’t delay. Join the Bitbot presale now.
To learn more and purchase BITBOT tokens, visit the official website.
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