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Bitbot Hits $4 Million As Presale Accelerates In Final Stage

Benson Toti
Benson Toti
Benson Toti
Author:
Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.
May 29th, 2024

As crypto investors take note of the prevailing market conditions, analysts opine that the downside action for some cryptocurrencies offer a potential opportunity.

Projects from Ethereum beta plays, AI-related coins and presale tokens may offer a lucrative position in the next bull rally. Bitbot (BITBOT), a new project attracting attention in the crypto trading market, has entered the final presale stage. Is it still worth buying?

Bitbot raises $4 million as presale hits final stage

Bitbot, which looks to be the first crypto trading bot on Telegram to offer a non-custodial solution, has entered its final presale stage.

BITBOT will offer holders access to a unique revenue-sharing model, rewards system and governance. In this case, Bitbot stands out as a potentially market-defining trading tool and investment opportunity.

The investment potential has seen the project raise $4 million during its token sale so far.

Now in stage 15, the BITBOT token’s presale value of $0.02 offers traders eyeing the Telegram bot market the final opportunity to buy at a potentially heavily-discounted price. This outlook means the project may see frenzied buying as it accelerates towards the presale close.

Bitbot’s non-custodial bot is a game-changer

Bitbot is a trading platform that seeks to offer a secure environment from which traders can leverage institutional-grade trading tools to make profitable trades.

This suggests that users can confidently tap into tools such as copy trading, automated sniping, limit orders and yield optimization without surrendering control of their wallets or private keys. The new bot offers access to these and more to all users, regardless of one’s trading experience.

When it launches, Bitbot will offer integration with Ethereum, Solana, Binance and Base. Meanwhile, launching on Telegram means users will be able to execute trades directly from their Telegram mini apps.

Other than the non-custodial solution, Bitbot’s design includes anti-MEV and anti-rug pull features – aspects that add a layer of protection.

As highlighted above, these features are what makes this new trading bot a potential game-changer for traders.

What’s next after the Bitbot presale?

The Bitbot team has previously announced that BITBOT will list on crypto exchanges for trading after the presale. In a recent X post, the project revealed that BITBOT will list on both CEXs and DEXs. Various exchanges could soon make announcements highlighting support for the token.

As this unfolds, Bitbot is likely to cement community trust with fresh updates on its main product – the Telegram trading bot. The roadmap outlines the AI-powered trading solution’s launch, among other key developments for Q2 and beyond.

Presale participants and interested BITBOT buyers can get more details about the project’s direction by joining an AMA planned for May 30 at 5 pm UTC.

Bitbot revealed on Wednesday that Head of Community Osazé Hunt and Technical Product Advisor Andrew Jacobs, will lead the AMA on the project’s official YouTube channel.

The whitepaper and other social links are also accessible on the official website.

Contributors

Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.