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Elon Musk Hints at Crypto Payments on X As Bitbot ICO Enters Stage 3

Bitcoinist
by Bitcoinist
Last Updated: February 14, 2024 6:42 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Elon Musk is widely known as a tech billionaire and the owner of X. A smaller percentage of people know of his love for cryptocurrencies, and an even smaller number know of his rumored plan to bring crypto payments to X.

According to crypto market news, Elon Musk intends to make X an “all-in-one” app like WeChat. This development will likely cause ripples across the financial and crypto world, but most people won’t understand how much it benefits trailblazing projects like Bitbot. Having raised $497k, Bitbot is selling out rapidly, in presale stage 3 with 300 million tokens up for grabs. Read on to discover how much crypto payments on X could boost Bitbot and why investors are rushing to its ICO.

An impending wave of crypto adoption

According to crypto market news, several factors limit crypto adoption, but difficulty of access is chief among them. Even though people want to own cryptocurrencies, most don’t wish to go through all the hoops and stresses involved in acquiring them. Today, more people would acquire cryptocurrencies if the tokens were readily available on familiar, user-friendly platforms.

That’s why Elon Musk’s integration of crypto payments on X would be a big catalyst for crypto adoption. X may not be the biggest social media platform in the world, but it is one of the most influential. Exposing its over 500 million users to cryptocurrencies, coupled with the impending crypto bull run, will likely increase the number of crypto trades and traders.

Such traders are often likely to seek access to lesser-known crypto gems since they record higher percentage gains than Bitcoin and Ethereum during a bull run. And that’s where Telegram trading bots come in.

Telegram trading bots are software programs that automate the execution of crypto trades based on preset configurations and make it easier to profit on lower cap “diamond in the rough” crypto tokens. When crypto payments are activated on X, this will likely bring added interest to Telegram trading bots too. Bitbot is the most promising and secure trading bot on Telegram, positioning it as a significant beneficiary of upcoming developments.

Bitbot: why it is the most secure trading bot on Telegram

The crypto trading space on Telegram is filled with bots that need to hold users’ funds before trades are settled. This custodial approach makes them susceptible to hacks, and top bots like Unibot, Banana Gun, and Maestro were exploited in 2023, with users losing considerable funds.

Bitbot is the first and only non-custodial crypto trading bot on Telegram. It gives users full control over their wallets and only transfers funds once trades are settled. It partners with KnightSafe, experts in decentralized self-custody solutions, to make this possible.

Furthermore, with its anti-rug capabilities, Bitbot users have protection from rug pulls, another security flaw associated with custodial bots. Auditing firm SolidProof has approved the project’s contract, and the allocation of 20% of tokenomics to development with a 12-month emission schedule locks developers in for a year and prevents rug-pulling from the dev team.

This boosts Bitbot’s credibility, making it a trustworthy crypto trading option on Telegram. It is currently in presale stage 3, and investors are rushing to get a share of 300 million tokens.

Bitbot’s advanced trading features

Apart from security, Bitbot is equipped with institutional-grade trading tools to increase the profitability of its users.

A sniper feature uses AI to identify under-valued crypto projects before prices increase. It lets traders get in early on promising projects and make decent gains when they moon, all on autopilot. A copy trade feature also allows users to emulate the strategies of the platform’s most successful traders, putting newbies on the path of making the right trades from the start.

In addition, holding BITBOT tokens unlocks access to exclusive perks and airdrops. Holders also get a share of the daily revenues generated by the platform. And anyone who invites new users gets 15% of the fees their invitees generate on the platform for life.

Bitbot price prediction

BITBOT is currently valued at  $0.011, and indications suggest a 100x gain is possible, especially if and when Elon Musk integrates crypto payments on X.

A proportion of X’s 400 million users could become crypto traders and decide to trade via Telegram bots. This would mean tens of thousands of new traders on Telegram, adding considerably to the current daily average.

Should this happen, a huge chunk of those traders will likely choose Bitbot. Its robust security and lucrative institutional-grade features give it an edge over other Telegram bots. This will attract more users and boost its daily revenues generated via fees, favoring price appreciation.

Empirical evidence also suggests substantial gains are in Bitbot’s future. Despite their flaws, top Telegram bots like Banana Gun and Unibot appreciated 28x and 200x, respectively, from their presales. Given its superior security features, the gains Bitbot would make are likely significantly higher.

Plus, Bitbot is still only available in presale. When it eventually launches on cryptocurrency exchanges, those who invested in it are likely to make significant returns.

Don’t miss out on Bitbot

If Elon Musk adds crypto payments to X, this development would certainly boost the growth of cryptocurrencies, especially a project like Bitbot. It’s currently in presale, with investors rushing to buy the token.

As a result, Bitbot has witnessed significant growth on its online platforms. The project has amassed over 100,000 followers on X and over 6,000 members on Telegram. There’s also a growing interest in its exciting competition, where 100 participants will go home with $1,000 each.

Bitbot is ready to bring a new era to the trading game, and you can join it on its journey.

To learn more and purchase BITBOT tokens, visit the official website

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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