Revolutionary Telegram Trading Bot, Bitbot Achieves $2 Million Milestone in Presale

London, UK, April 10, 2024, Chainwire

Only a few weeks after breaking into the million-dollar range, Bitbot has continued its triumphant presale, now boasting over $2.1 million, along with an impressive 80,000 followers on Twitter/X and a community of over 27,000 on Telegram. For the Bitbot team, seasoned in market dynamics and confident in their unique product, this level of user engagement isn’t surprising.

Investors can now purchase Bitbot (BITBOT) on the official site .

Back in October, daily active users for Telegram trading bots were below 10,000. However, this number has surged since last summer to approximately $1.4 billion in market cap out of the total $18 billion cumulative trading volume , with a staggering $12 billion generated just in 2024, suggesting that the industry is rapidly gaining traction day by day.

Competitors Banana Gun (near +300% with significant token price increases this year) and Maestro ( lifetime trading volume, $4.7 billion ) have gained traction despite facing security challenges. The Bitbot team sees this as a massive opportunity, estimating billions of dollars still untapped in the Telegram trading bot market. All it needs is a secure alternative to attract a flood of new users. Such an innovation could dramatically elevate the profile of Telegram trading bots, potentially boosting the sector’s value to tens of billions.

Exceptional Features Are Attracting Investors

Bitbot’s Technical Product Advisor, Andrew Jacobs, has been meticulously guiding the team to structure a product and presale that presents investors with a blend of security, dependability, and cutting-edge innovation in the world of crypto trading bots.

“Having closely monitored the crypto trading bot landscape, we are confident that we’ve taken cues from the mistakes of others and crafted the tool that simplifies crypto trading to the level of sending an email. Additionally, with our skilled team of former Wall Street traders and AI proficient developers, we think we provide retail investors with a much-needed technological edge over institutional players.”

One prominent misstep made by competitors lies in security. As it stands, all existing Telegram trading bots necessitate that users input their private keys, exposing them to hacking risks—a situation that Unibot and Maestro experienced firsthand.

The Bitbot team perceives the security flaws in Telegram trading bots as a significant roadblock, preventing user expansion and limiting market advancement. Thus, Bitbot is presenting the first real chance for the industry to overcome this critical challenge.

In a newly released demo - a rare feature for presale products, prospective users are shown the seamless way to gather market insights and execute trades. This is likely to resonate with casual cryptocurrency investors who may have been deterred by the complexity of crypto trading in the past.

The Long-Term Value Potential of the Bitbot Token

Even with security flaws on their record , strong competitors Unibot and Banana Gun currently maintain market capitalizations around $130 million and $20 million, respectively. Considering that Bitbot’s non-custodial framework directly tackles the issues holding back its rivals, the team is optimistic that the BITBOT token holds the secret to surpassing these competitors in terms of both market valuation and token price appreciation.

The Bitbot team is convinced that with impeccable timing—as we are likely on the verge of an altcoin season—and considering the impact of the Bitcoin halving, Bitbot is set to become a pivotal player. This strategic positioning could potentially yield impressive returns, making Telegram trading bots a highlight of 2024.

Up to 50% of Bitbot’s profits will be equally shared among BITBOT token holders, enriching the community and providing the necessary support to ensure the long-term success of the BITBOT token.

Investors can now purchase Bitbot (BITBOT) on the official site .

About Bitbot

Bitbot is an innovative Telegram trading bot designed to provide retail users with high-grade trading tools, enabling them to utilize a variety of sophisticated features such as sniping and copy trading.

Audited by Solid Proof, Bitbot places a high priority on security, championing the philosophy, “Your keys, Your wallet, Your assets.” To reinforce this commitment, the project has teamed up with Knightsafe to present the world’s first non-custodial Telegram trading bot, thus reducing counterparty risks and enhancing this with anti-MEV and anti-rug technology.

For additional details on Bitbot (BITBOT), individuals can visit the website .

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This content comes from Bitbot. This press release is intended solely for informative purposes. The information contained herein should not be considered investment advice or an endorsement to invest.

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