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New Crypto, Bitbot, Could 100X in 2024 According to Analyst Predictions

bitbot

The post New Crypto, Bitbot, Could 100X in 2024 According to Analyst Predictions appeared first on Coinpedia Fintech News

In 2024, Telegram trading bots have surged in popularity, with Bitbot emerging as an impressive new crypto in this expanding sector. This innovative project leverages artificial intelligence to provide a cutting-edge trading solution via Telegram, setting the stage for potentially dominating the market.

During its ongoing presale, Bitbot has already attracted significant investment, amassing $2.9m in funding. With this strong financial backing, expectations are high for the BITBOT token, which analysts predict could deliver returns of up to 100x to early investors before the year’s end.

Technological innovation meets market readiness

At the core of Bitbot’s operation is a sophisticated and proprietary AI algorithm designed to optimize trading strategies in real-time. Its Gem Scanner AI meticulously analyzes data from a variety of sources, including social feeds and DEX screeners, to compile an easy-to-use ‘degen score’ to rank tokens. This helps even novice users find the hottest pairs and maximize their potential earnings. This insight gives investors a competitive edge, invaluable for identifying and acting on emerging opportunities.

This technology enhances trading efficiency and significantly reduces the risk typically associated with cryptocurrency trading. 

Bitbot is making significant strides within the rapidly expanding Telegram trading bot market, which has evolved from a specialized interest to a substantial industry force. Starting the year with a total trading volume of about $6 billion, it has ballooned to an impressive $19+ billion.

The appeal of these bots lies in their ability to provide mobile access to decentralized exchanges (DEXs), equipping traders with sophisticated, automated tools directly within the Telegram app. Their effectiveness in enabling traders to quickly engage with new projects as soon as they appear on a DEX is evident, with daily trading volumes peaking at nearly $0.75 billion and a base of around 1.5 million lifetime users.

By integrating advanced capabilities within the familiar environment of Telegram, Bitbot not only simplifies the trading process but also makes it accessible to a broader audience. This will undoubtedly benefit BITBOT token holders, especially those investing today since they’d be grabbing a slice of a market that’s likely just about to go into full bloom.

Plus, Bitbot’s AI capability is likely to become even more powerful as AI technology advances, putting Bitbot at the forefront of another growing market.

In terms of security, Bitbot is establishing new benchmarks. It embraces a philosophy of “your keys, your wallet, your assets” and collaborates with KnightSafe — a decentralized, open-source self-custody solution that currently secures over $28 million. This approach ensures that users maintain complete control over their funds until the point of transaction, providing a significant security advantage in the trading bot world. 

This security approach is another pillar of Bitbot, and the BITBOT token’s, long-term market potential; now the users who’d previously felt uneasy about Telegram bot security can be welcomed into the space.

Presale momentum with community engagement

Bitbot’s presale is making waves in the crypto community, already amassing $2.7 million from a diverse investor base. The project’s social media footprint is equally impressive, boasting over 80k Twitter followers and 27,000 Telegram members closely monitoring Bitbot’s progress. 

Investors in BITBOT are attracted by its diverse avenues for generating passive income. A generous revenue-sharing program promises a share of up to 50% of the platform’s daily revenues. A referral scheme also offers 15% lifetime earnings from referrals, adding to the community’s strength: often a big factor in sustaining token prices long term.

With product demonstrations upcoming and continuous engagement through Medium blogs and AMAs, the Bitbot team is demonstrating a strong commitment to leading the next evolution of the Telegram trading bot market. 

Investment analysis as presale approaches final stages

For those evaluating which new crypto projects to invest in, Bitbot presents a compelling option for those looking for a top AI crypto. Currently priced at $0.0171 in stage 12 of a 15-stage presale—Bitbot is positioned as a promising investment. The project’s pioneering AI technology and robust security features set it apart in a rapidly growing market.

Reflecting on success stories like Banana Gun, which delivered a remarkable 80x return to its presale investors, the potential for Bitbot to achieve 100x gains in 2024 seems not just feasible but probable. Especially since Bitbot offers a security level currently offered by none of its peers. Given these factors, returns of 10x, 25x, and even 50x could soon be delivered to Bitbot presale investors.

The presale is unlikely to last much longer 

Now is an opportune moment for investors looking for significant growth potential in AI crypto projects. Those curious about which new crypto to invest in should consider Bitbot, a project with everything in place to dominate the newly formed Telegram bot market. Not to mention benefit from the success of the AI sector and the crypto market as a whole.

To learn more and purchase BITBOT tokens, visit the official website.