As a result of the SEC’s approval of Bitcoin ETFs in mid-January, the projected 2024 crypto bull run has gained significant traction, propelling Bitcoin past the $50k mark and its market cap over a dizzying $1 trillion. This year’s crypto market is buzzing with anticipation due to a perfect storm of bullish factors: the April Bitcoin halving – a historic catalyst for crypto bull runs. As well as the prospect of Fed rate cuts, and whispers of Ethereum ETFs.
Telegram trading bots are poised to skyrocket in popularity in this feverish climate through the remainder of 2024. Bitbot, a new entrant raising $735k in its ongoing presale, could soon set the gold standard for these bots.
Billed as the world’s first non-custodial Telegram trading bot, Bitbot aims to lead the pack as a serious upgrade over its predecessors. And with the crypto bull run gathering momentum, Bitbot could soon be snatching a massive portion of market share from its competitors. Read on to explore why.
Telegram trading bots: One of crypto’s fastest-growing sectors
Telegram trading bots are easy-to-use tools that simplify the often-complex world of automated trading, accessible in a place thousands of crypto communities call home: Telegram.
Telegram trading bots have been one of the market’s fastest-growing sectors over the past few months. They’ve accumulated over $8.7 billion in trading volume, $2.7 billion of which occurred in the first month and a half of 2024 alone.
But it hasn’t been all sunshine and rainbows. Three of the sector’s leaders have been tarnished by notable security issues: Maestro users saw around $500k in ETH vanish; Unibot investors saw their UNIBOT positions collapse over 40% in an hour following a hack; and Banana Gun left its users reeling with a token drop of over 90% after disclosing a significant bug.
This controversy underscores a need for a new player, one that can generate the consistent profits these bots are known for without compromising on security. That’s where Bitbot steps in.
Bitbot: The world’s most secure Telegram trading bot
Bitbot is stepping into the game with a powerful motto: “Your keys, your wallet, your assets.” Its commitment to security is best exemplified by its partnership with KnightSafe, a decentralized, open-source self-custody solution. This collaboration ensures users maintain full control over their funds until trades are settled, a process anyone interested in can dive deeper into through Bitbot’s recent Medium post.
But Bitbot isn’t stopping at self-custody. It’s doubling down on security with anti-MEV and anti-rug solutions to protect investors from nefarious actors, like bots that manipulate transaction costs or projects that vanish with investors’ funds. These safeguards constantly scan for suspicious on-chain activity to keep investments safe.
Bitbot puts any concerns about the team’s commitment to bed with 20% and 14% of its 1 billion token supply—used for development and marketing, respectively—secured by a 6-month cliff and a 12-month linear emission schedule. This locks the team in for the long haul, significantly reducing the risk of rug-pulling antics.
And for those worried that focusing on security might mean a compromise on its trading aspects, think again.
Bitbot marries this high-level security with advanced trading features. It uses AI to fuel the Alpha List’s insights—only available to BITBOT token holders—offering them an exclusive look at which coins are ready to explode. This includes an option to snipe these coins as soon as they’re listed on a decentralized exchange or just before they pump, allowing traders to get in as early as possible.
However, Bitbot’s security-first approach and advanced trading features are just the start of its plan to dominate the Telegram trading bot market in 2024.
Bitbot’s potential in the 2024 crypto bull run
2024’s crypto bull run creates a ripe environment for Bitbot to flourish. Unibot, despite its known flaws, saw its user count increase tenfold between December and February, thanks to the surging interest in crypto. Bitbot’s blend of top-tier security and advanced trading features could position it as the solution the market has been calling out for.
The numbers speak volumes: since its mid-January launch, Bitbot’s presale has reached stage 4, raising $735k and climbing to $0.0116 in price. It’s already secured the support of 100k Twitter followers and 10k+ Telegram members—a clear indicator of the market’s trust.
Could Bitbot be the best token for this year’s crypto bull run?
With 72.41% left before hitting its final presale price of $0.02, it’s still early in Bitbot‘s growth journey. ICO investors in Banana Gun’s BANANA token saw returns of nearly 50x from its September presale price to an all-time high recorded in mid-February. Given Bitbot’s vastly improved offering, it’s not unreasonable to expect BITBOT to record similar—or more significant—gains.
However, with the presale expected to conclude in Q1 2024 and the app’s debut in Q2, the brief window to be an early investor is rapidly closing. Beyond the presale price appreciation, investors stand on the cusp of owning one of this crypto bull run’s potentially most explosive tokens.
Once BITBOT hits exchanges, it might never look back. Seize the opportunity to join the Bitbot trading revolution or risk being left on the sidelines.
To learn more and purchase BITBOT tokens, visit the official website.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
