In Q1 2024, the cryptocurrency market is booming. Experienced and novice traders alike are searching for the next big chance, thanks to platforms like ChainGPT and cutting-edge Telegram trading bots like Bitbot. Since its January 17 launch, Bitbot’s presale has raised $313k in just six days and has gained over 90K Twitter and X followers.
Bitbot: A trading bot on Telegram that will rule cryptocurrency in the future
The development of AI has contributed to the surge in popularity of cryptocurrency trading bots in recent years. Now that Telegram crypto trading bots have joined the market, users may design and carry out automated trading strategies directly within the Telegram app, offering a far more user-friendly and approachable user experience.
This is particularly important because a large portion of the cryptocurrency community already uses Telegram, an app that has gained recognition as the community’s preferred open platform where concepts and tactics come together.
Bitbot is unique among Telegram trading bots because of its steadfast dedication to security and complete user control over their assets. Its smooth integration into well-known cold wallets and institutional-grade security is enhanced by Knightsafe, which is led by a group of former Wall Street traders.
The ability to trade while storing coins in cold wallets is unique to Bitbot, the first trading bot on Telegram. This eliminates the requirement for consumers to trust the trading platform with their money and run the danger of losing it due to a hack. Alternatively, money may be retained by the user and transferred only once deals are finished.
Bitbot also aims to level the playing field. Its extensive trading features and friendly user interface, coupled with institutional-grade security, provide retail investors with the knowledge and tools they need to compete with institutional traders.
How is this accomplished by Bitbot?
To begin with, Bitbot makes setup and onboarding simple. You can have up to three free wallets and easily create a new (custodial) wallet with only one click. Many elements are also included to make the trading game easier.
With Bitbot’s Copy Trade feature, users may automatically replicate the trading strategies of the most profitable traders on the exchange. By automatically buying cheap and selling high, the sniping tool helps consumers save hours of research and chart-watching time. Moreover, Bitbot’s Gem Scanner can automatically search through hundreds of ongoing presales to find good deals.
In addition to its security, ease of use, and beneficial trading technology, Bitbot has anti-rug and anti-MEV bot characteristics. The purpose of anti-MEV bots is to defend against MEV attacks. Their goal is to inflate petrol costs and embezzle any gains you make from your deal. Anti-rug features, on the other hand, look for any indications of cryptocurrency scams to make sure you don’t end up with a worthless asset if someone decides to steal the money.
The buzz surrounding Bitbot has intensified. following the launch and $100K prize distribution. Having the BITBOT token entitles you to a portion of the platform’s expanding success and serves as a passport to a world of revenue sharing.
The cryptocurrency BITBOT
The platform is powered by a token that will provide holders with extra advantages by giving them access to exclusive presales, airdrops, and incentives. Additionally, it has revenue-sharing options, so you might benefit from the platform’s success as well.
The community component is just as significant; obtaining BITBOT entitles one to a private chat group where traders and investors can exchange ideas and insights.
Of Bitbot’s 3 billion tokens, tokenomics places 30% in the presale. We’ll set aside 3% for liquid assets. Of this, 23% goes to the community and 10% goes to the Treasury. Lastly, marketing and development will receive 14% and 20% of the total. Additionally, a 1-year linear emission is included to guarantee long-term protection against a rug pull by the development team.
How does ChainGPT work?
ChainGPT is a revolutionary platform that uses cutting-edge AI to facilitate trading decisions. It delivers real-time market analysis, trend forecasts, and customized trading insights, making complex data easier to understand for both new and seasoned traders. It offers a variety of AI solutions.
Price forecast for ChainGPT
ChainGPT’s CGPT coin, which is now trading at roughly $0.15, has potential this year. According to CoinCodex, it might reach $0.23 by the following year. This might be because of the recent alliance with Tron, which has the potential to increase its user base. Users of ChainGPT will be able to communicate directly with the Tron ecosystem thanks to the strategic relationship and integration with Tron.
Bitbot’s forecast for price
Bitbot is not simply introducing a product with the launch of its presale; it is also beginning an era of rapid, exponential growth. This presents a significant opportunity for investors because, after 15 stages, the BITBOT token, which was first sold at just $0.0100, is expected to reach $0.0200.
It is quite reasonable to expect exponential, double-digit growth given the widespread use of Telegram trading bots. For starters, the market capitalization of this relatively new industry, which only has a few major competitors, is now close to $0.5 billion.
More crucially, despite major cyber security vulnerabilities, Bitbot’s competitors—aside from ChainGPT—have experienced notable growth. For instance, according to CoinDesk, the Telegram trading bot Unibot topped $200, providing its presale investors with a 200x gain. Given that a cyberattack cost Unibot just over $0.5 billion and damaged its reputation, the market will probably be happy to see a Telegram trading bot with Bitbot’s security measures.
Which will yield higher profits, ChainGPT or Bitbot?
With Bitbot, regular investors can fight on an even playing field with massive institutional cryptocurrency whales. Bitbot has drawn thousands of investors worldwide since its launch because of its robust security offering and effective marketing strategy.
Furthermore, 2024 appears to be a promising year for the cryptocurrency market, possibly seeing a new bull run due to the Bitcoin halving event. The BTC ETF and probably the ETH ETF are expected to boost market sentiment and drive the +$5 billion trade volume for Telegram trading bots. For trading platforms like Bitbot, this is fantastic news.
All things considered, ChainGPT is mostly an informative tool, despite its amazing AI-driven market research and trading insights. It is devoid of Bitbot’s community-driven benefits and direct investment potential. ChainGPT is less about building an extensive trading ecosystem with numerous possible revenue sources and more about giving data.
Bitbot positions itself as a better tool for people considering investment potential, community involvement, and extensive trading options. Its community-building, security, usability, and the exciting BITBOT coin make it a unique option for investors looking for a profitable and well-rounded crypto trading experience.
Investors should not pass up this chance to profit from this promising coin in this fascinating and equally promising industry. At $0.0105 right now, it will probably skyrocket in value once it is listed on exchanges.