- Bitbot, a game-changing Telegram trading bot, has reached over $2.1 million in its presale and gained over 80k Twitter/X followers and 27k Telegram community members.
- Bitbot aims to provide a secure and reliable alternative to existing Telegram trading bots, addressing vulnerabilities that have hindered user acquisition and market growth.
- Bitbot offers advanced trading features, including sniping and copy trading, while prioritizing security through a non-custodial approach and partnerships with Solid Proof and Knightsafe.
Bitbot, a new Telegram trading bot, has continued its presale success after hitting the $1M mark just weeks ago. The project now has over $2.1 million raised in its presale along with 80k Twitter/Telegram followers and a community of over 27k members. This level of engagement and support comes as no surprise to the Bitbot team who are confident in their product and its potential in the growing crypto trading bot space.
The Explosive Growth of Telegram Trading Bots
Back in October 2021, the Telegram trading bot market had under 10k daily active users. However, it has since grown to around $14 billion in market cap and generated $12 billion in trading volume in 2022 alone. Competitors like Banana Gun and Maestro have proven popular despite suffering security breaches. The Bitbot team sees this as billions in untapped potential for a secure alternative to gain traction. They believe a secure trading bot could transform Telegram trading bots from a niche status to a valuation in the tens of billions.
Bitbot’s Superior Features Attract Investors
Bitbot’s technical advisor Andrew Jacobs has guided the team to deliver maximum safety, reliability and innovation. The team confidently believes Bitbot offers retail investors a technological advantage over institutions. One key advantage is Bitbot’s non-custodial approach which addresses security flaws of competitors by not requiring users to submit their private keys. The team sees this as the critical change needed to attract more users to the space.
Long Term Appreciation Potential for the BITBOT Token
Despite security issues, competitors Unibot and Banana Gun have market caps around $130M and $20M. With its security advantage, Bitbot is optimistic its token can surpass these valuations. Combined with ideal market timing around altcoin season and the Bitcoin halving, the team believes Bitbot could be a key player in 2022, potentially delivering double-digit returns.
Up to 50% of Bitbot’s revenue will be distributed to BITBOT token holders, further supporting its long term potential. The team is excited about Bitbot’s strategic positioning and its potential to be a major success story in 2022.
About Bitbot
Bitbot puts institutional-grade crypto trading tools into retail users’ hands. Key features include sniping, copy trading and more. Audited by Solid Proof, Bitbot focuses on security with a non-custodial approach to mitigate counterparty risk. For more on Bitbot visit the official website and whitepaper.
