Crypto prices are seeing slight gains amid a potential bullish flip, with top coins Bitcoin and Ethereum climbing back to above key levels. The positive outlook is even more pronounced in the memecoins market where Pepe, Floki and MAGA are among biggest gainers in the last 24 hours.
As the market looks to strengthen the upside momentum, there’s a new wave of interest in new crypto project Bitbot.
Why is Bitbot attracting so much attention?
Bitbot is a trading bot that offers the latest in artificial intelligence (AI) trading, with advanced features that stand out from what’s currently in the market.
But rather than just be another AI-enabled trading bot, Bitbot is pioneering the world’s first non-custodial app on Telegram.
Bitbot therefore aligns two of the hottest trends in crypto today – AI and self-custody.
As for AI, Bitbot offers a platform where traders can tap into actionable insights for profitable trades.
But it’s the secure trading environment for users that has the community most excited. Trading with this bot means users never surrender control of their wallets, as happens with custodial bots.
With Bitbot, its an intelligent trading solution designed to ensure users retain full control of their private keys, reducing chances of loss to hacks. The integration of anti-MEV and anti-rug pull features also to Bitbot’s strength.
Does Bitbot have a native token?
Bitbot’s native utility token is $BITBOT. According to the project’s whitepaper, the total supply of this ERC 20 token will be 1 billion.
The tokenomics page highlights 30% for the public sale (currently ongoing) and 3% for liquidity and 23% for community. Notably, the 20% for development and 14% for marketing are subject to a lock up schedule.
A native token plays a crucial role in the overall ecosystem of the app, including revenue share, rewards and discounts for fees. $BITBOT also offer governance rights to holders, a key aspect of the project’s decentralization.
Market outlook and Bitbot price
This past week has seen a number of altcoins surge to new highs, while others like Notcoin (NOT) have exploded on the scene after major exchange listings. The new week sees Pepe lead top memecoins, while BTC, ETH and SOL face a potential injection of new bullish sentiment.
The approval of spot Ethereum ETFs in the US, passage of critical bills by lawmakers and impetus from the upcoming election provide short term catalysts for cryptocurrencies.
Amid all this, one token that’s increasingly coming to traders’ attention is Bitbot. The project has raised nearly $3.9 million in stage 14. Only one more stage before $BITBOT lists on its first crypto exchange.
Other key developments on this project’s roadmap include the debut of the Telegram bot, launch of a native mobile app and cross-chain support. $BITBOT price may benefit from upside momentum around these events.
To learn more, visit the official Bitbot website.
