As Telegram trading bots find their way into the crypto market, projects like Bitbot generate substantial investor interest. Cybersecurity is a prominent topic in 2024, and Bitbot has become one of the hottest new cryptos because it addresses the issue.
As the Bitbot presale soars through stage 4 of its presale, having raised $796k, more traders are eyeing the project for its investment potential. Here’s why the project is making its mark.
Why Bitbot is an excellent addition to a trading portfolio
Bitbot was created to give retail traders the security, convenience, and accessibility they truly need. For years, the crypto market has had an abundance of tools and resources that benefit institutional investors only, thus making it difficult for everyday traders to grab the same level of opportunity.
For example, the recent introduction of a new crypto exchange from Revolut that caters explicitly to “advanced traders” won’t necessarily be user-friendly for everyone. And there are no plans for it to offer the kind of non-custodial asset security people can rely on. That’s where Bitbot comes in.
Bitbot takes action toward asset security
Traders will benefit from institutional-grade security backed by Knightsafe. Knightsafe’s non-custodial approach means that traders will always have complete control over their assets, with funds only transferring once trades are complete.
The project’s on-chain safety also includes anti-MEV and anti-rug features that help mitigate exposure to rug pulls and MEV attacks that artificially pump transaction costs for financial gain.
A glance at the BITBOT token’s benefits
Investing in the Bitbot project means traders can access various benefits through the BITBOT token. For starters, investors can participate in a revenue share, earning 50% of the bot’s trading fees just for holding the token. On top of that, holders also gain exclusive, first-hand access to presales, exclusive air drops, governance and voting privileges, and access to exclusive private chats with trading experts. And that’s, of course, all in addition to Bitbot’s potential for coin price appreciation.
Bitbot price predictions for the year ahead
The cryptocurrency market is expected to enjoy a bull run throughout 2024, partially influenced by Bitcoin’s expected halving. Retail investors should embrace the tools required to take advantage of this situation. Better yet, Bitbot is hosting a $100,000 giveaway where 100 supporters will win $1,000 worth of BITBOT each.
Based on Bitbot’s ecosystem, financial incentives, and current market trends, some expect the project to 100x throughout the bull market of 2024/2025. That would amount to a price of $2 from the final presale price of $0.0200.
Crypto projects like Bitbot will invariably benefit from the expected hike in Bitcoin, which will also help move altcoins in a market bull run.
However, this 100x gain will more likely be driven by Bitbot’s superior technology over rivals such as Unibot and Banana Gun. These projects suffered severe cyber issues last year, slashing their value by 40% and over 90%, respectively. Today, the market cap for Unibot has still managed to hold firm at around $50 million, and Banana Gun has climbed up to $75 million. This bodes well for Bitbot because its non-custodial technology puts it in a class above these competitors.
The leading Telegram trading bot for 2024
Even though other Telegram trading bots are on the market, Bitbot’s tools and services differ. Pre-sale traders are excited about Bitbot’s roadmap, fueling the presale’s success.
As the pieces continue to fall into place through stage 4 of the Bitbot presale, more investors are lining up to get a piece of the hottest new crypto for 2024.
