- Reddit investment underlines growing retail interest in crypto.
- Bitbot empowers retail traders with institutional-grade technology.
- BITBOT presale has accelerated amid bullish crypto expectations.
Social platform Reddit has been allocating its excess cash to Bitcoin (BTC) and Ethereum (ETH). The revelation came after an initial public filing with the US, sending huge expectations in crypto markets. The cryptocurrency news favours Bitbot. Bitbot’s presale, which has been in high demand, surged past $672,000 on rising demand. Optimism is that Bitbot might ride the retail interest in digital assets to attain unparalleled success.
Bitbot: The first self-custodial trading bot ignites bullish expectations
Telegram trading bots have been on the rise lately. Their ability to enable seamless buying, selling, and managing of crypto assets makes them preferable to many. As of today, the cumulative trading volume on Telegram bots has exceeded $9 billion. The volumes are not by accident.
Telegram trading bots like Bitbot pull retail and institutional investors alike. This has enabled them to have a high demand, fueling price rallies whenever they are launched.
Since launching a presale, Bitbot has drawn huge predictions as the first self-custodial trading bot. It should be recalled that successful trading bot tokens like Banana Gun and Unibot have suffered exploits. The exploit emanated from their security measures, in which users do not control their private keys and funds.
Bitbot’s bullish predictions emerge from the popularity of trading bots and its superior security measures. With a self-custodial feature, users have total control of their funds through ownership of private keys. Investors wary of the predecessors’ vulnerabilities are excited that this token fills a crucial gap and need.
In addition to being self-custodial, vulnerability at Bitbot is prevented through continuous monitoring. The project’s security is enhanced with anti-EV Bots that continually block potential attackers. This is complemented with anti-rug features. The improved security cements Bitbot as the best Telegram trading bot, as exploits are kept at bay.
Reddit’s investment in BTC and ETH fuels retail crypto frenzy
Reddit is a platform popular with retail traders. Notably, events like the GameStop mania and AMC stock surge were fueled by retail frenzy on Reddit. The interest in crypto, thus, elicits favourable reactions among retail investors keen on the platform’s crypto endeavours.
Although the investment amounts are stated as “immaterial,” it highlighted a belief in crypto and its future. Reddit believes blockchain and crypto carry huge potential, hinting at further exploration of the sectors. The social media giant also said it is exploring Ether and Polygon as a form of payment for some virtual goods.
Coincidentally, Bitbot stands to benefit as Reddit explores crypto. Bitbot is coined from a simple logic that retail investors need the tools and resources to succeed in trading. The platform offers institutional-grade technology and resources that retail investors lack. The aim is to equip them with the know-how in crypto markets, making the platform attractive. Reddit users, comprising the majority of the retail cohort, stand to gain the most. This sets Bitbot for potential speculation, demand, and price discovery.
BITBOT: Multiple utility token for highly profitable crypto trading
Bitbot is ready to supercharge investors’ earnings. The project is hyped for its attractive perks that include airdrops for token holders. As investors look forward to these airdrops, the platform will see increased inflows and growth.
Investors have also rushed to acquire BITBOT on presale to benefit from its revenue share program. This is where token holders are rewarded with a share of the fees charged. As the platform grows, investors benefit from increased allocations. This utility adds to a rise in the number of investors buying BITBOT for passive income.
BITBOT has also been attractive to novice investors. The platform features a copy trading function. You can copy the trades of experienced traders and learn from them. Coupled with various tools to learn about trading, novice investors face low barriers of entry. The enormous promise draws investors eager for a share of the token before it debuts on exchanges.
Should you invest in Bitbot in presale?
Bitbot’s presale occurs in just 15 stages and is currently in the 4th stage. 20,000,000 are offered, with each price stage marked with a 5% token price increase. Early presale investors benefit from the attractively priced tokens, and potential value increases after listing.
To learn more and purchase BITBOT tokens, visit the official website.
The post Reddit adds Bitcoin and Ethereum as retail interest in crypto fuels Bitbot’s presale appeared first on CoinJournal.
