Telegram bots are rallying after cryptocurrencies tapped upside momentum, with most investors showing optimism about the market. Traders looking to capitalize on this opportunity have helped PAAL AI and ChainGPT higher, the two currently sit above Unibot and Banana Gun as the standout performers in the past week.
But is presale token Bitbot (BITBOT) a better buy compared to the two? Discover what could make this new Telegram bot the pick of the market in 2024 and beyond.
PAAL AI token hits new all-time high
Telegram bots are cryptocurrency trading apps that offer traders access to innovative trading features, including automation, AI integration and snipe tools. Traders across the crypto market currently leverage these and other features available to crypto bots such as Unibot, Banana Gun, ChainGPT and PAAL AI.
Demand and rising crypto prices, particularly with Bitcoin rallying to multi-year highs, has seen Telegram-based bot’s utility tokens surge. While principally not investment vehicles, the important role that these utility tokens play and the perks they attract has many investors eyeing them for their potential.
Data from CoinGecko shows the total segment market cap has increased to over $618 million, up 7% in the past 24 hours. Meanwhile, PAAL AI has overtaken Unibot and Banana Gun as the top Telegram bot by market cap.
PAAL price has exploded 97% in the past week to trade above $0.25, a new all-time high. Its market cap is $160 million, more than 3x that of Unibot.
Bitbot: The new self-custody trading app
While PAAL AI (PAAL) harnesses AI technology and other conventional trading bot capabilities, including copy trading and limit order execution, Bitbot’s self-custodial trading design sets it apart.
Bitbot comes with a superior security and privacy implementation that means its imminent launch is stirring the crypto trading space.
The Bitbot team announced the first deployment of the non-custodial architecture that leverages the decentralized wallet technology of KnightSafe on Thursday, February 15. With other built-in security features such as anti-MEV and anti-rug protection, Bitbot stands out as the complete Telegram trading app.
Add platform highlights such as profit sharing, early gem access and token buybacks, and what you get is a trading solution with real potential for success. BITBOT holders will also have access to staking and farming, apart from participating in Bitbot governance.
Currently, one can only get BITBOT via presale, which has quickly reached stage 3 and raised more than $575k. At $0.011, the BITBOT price in presale is a huge bargain. Investors who get in this early have a big chance of gaining substantial returns compared to PAAL AI, ChainGPT or Unibot.
For additional information about Bitbot, click here.
