Bullish crypto traders in the United States have been eagerly watching Bitcoin news headlines for a catalyst to drive the market higher, and they might have found one.
Bitbot ICO: Transforming the Trading Bot Sector with Bullish Crypto Traders in the US
Bullish crypto traders in the United States have been eagerly watching Bitcoin news headlines for a catalyst to drive the market higher, and they might have found one.
The news has inspired American traders to join the Bitbot ICO in anticipation of a parabolic run later this year. As the world's first non-custodial Telegram trading bot, Bitbot is tipped as one of this year's best crypto presales after raking in $1.4m to date.
Let’s explore how Bitbot could transform the trading bot sector and what presale investors might expect in 2024.
With Bitcoin recently setting a new all-time high above $70k, bullish crypto sentiment hasn't been this electric in a long time. Even as Bitcoin corrected below $70k, whispers of an upcoming major catalyst have American investors on the edge of their seats.
It's not the halving but a looming supply-side liquidity crisis. According to CryptoQuant's founder, Ki Young Ju, Bitcoin ETFs have gobbled up over 450k Bitcoins, translating to more than $30 billion locked away. For context, exchanges and miners hold around 3 million BTC. Since ETF inflows show no signs of slowing, towering demand is looming large over dwindling supply.
This brewing storm has American investors on a hunt for the next big thing; tokens poised to skyrocket in the so-called altseason that typically follows Bitcoin highs. And guess what? The arena of Telegram trading bots is booming.
Plus, since the sector is still in nascent stages and likely highly undervalued (despite being +$1 billion in market cap), Bitbot’s BITBOT token should easily be able to charge in and claim the throne. Touted by many as this year's best crypto presale, Bitbot's entry is perfectly timed.
The Telegram trading bot market is one of crypto's fastest-growing sectors, recently reaching an astonishing $12 billion in trading volume since September 2023 and marking its most impressive day yet on March 18th, seeing over $700 million in volume.
But it's not all sunshine and rainbows. The market's titans—Maestro, Banana Gun, and Unibot—have faced bugs or hacks, leading to a combined loss of $1 million for their users. These incidents highlight a glaring vulnerability: the bots held user funds, making them easy targets.
Realizing the gravity of this issue, Bitbot is pioneering a much safer path. In partnership with KnightSafe, a decentralized, open-source self-custody solution safeguarding over $28 million of assets, Bitbot is billed as the world's first non-custodial Telegram trading bot. In practice, this means traders keep full control over their funds until trades are executed. For a deeper dive into this game-changing approach, a Medium post is available for curious minds.
Bitbot doesn't just stop at improved security. With its Snipe feature, it leverages AI (another sector that’s growing rapidly) to spot on-chain signals for little-known bullish crypto projects, allowing users to automatically enter a position as soon as these projects list.
Bitbot offers even more profit-making avenues. Take the revenue sharing program, which gives BITBOT holders up to 50% of the platform's daily revenues, and the referral scheme, which rewards users with a 15% lifetime bonus on their referrals' trades.
With daily revenues in the sector regularly topping $1 million and roughly $12k in volume per user, these two initiatives alone could make holding the BITBOT token one of the most lucrative coins, both long and short-term. And that’s even before we’ve considered the long-term price appreciation potential of the BITBOT token.
Investors across the United States are diving headfirst into the Bitbot ICO, expecting it to be the best crypto presale of the year. Bullish crypto prices have already spurred massive growth in the trading bot sector, as we’ll see below. And with a possible Bitcoin liquidity crisis on the cards, it could be ripe for an unexpected explosion.
The tale of Banana Gun, despite its rocky start, soaring to a new all-time high recently and rewarding presale investors with staggering 60x returns clearly indicates the sector's untapped potential.
Unibot’s story invites similar levels of Bitbot bullishness. Despite losing 40% of its token volume after a +$500k hack, its token price is still around 70% up from its launch. And at its all-time high, it offered 200x gains to early presale investors.
With its iron-clad focus on security and its use of advanced AI to sniff out the most promising crypto opportunities, Bitbot seems highly undervalued in this context. Currently priced at $0.0134 in stage 7 of a 15-stage presale, Bitbot has 49.25% token price growth before it hits its final presale price of $0.02.
Considering the sector's potential and the impressive returns early investors have banked in similar projects—even with their flaws—Bitbot is primed to surge when it hits exchanges this year. Using Banana Gun's impressive performance as a benchmark, 10x gains this year might be conservative, with gains of 50x or more being the more realistic bet.
Bullish crypto traders in the United States might be onto the next big thing with Bitbot. After all, it's already secured a massive social following of over 110k on X and over 20k followers on Telegram in its presale phase.
With Bitbot breezing past the $1 million mark, savvy American investors are taking advantage of an opportunity to multiply their gains post-presale as the BITBOT token likely conquers the Telegram trading bot market and rockets forth on the back of 2024’s bull run.
BITBOT is unlikely to ever be this low again.
To learn more and purchase BITBOT tokens, visit the official website.
Disclaimer: The above is a contributor post, the views expressed are those of the contributor and do not represent the stand and views of Outlook Editorial.