Key takeaways
Bitcoin might attain $150k in 2024: Tom Lee
The cryptocurrency market has been bullish for the reason that begin of the yr, with Bitcoin touching the $50k stage for the primary time since 2021. With the bulls presently in management, many imagine that BTC’s worth might soar greater within the coming months.
FundStrat head of analysis Tom Lee is a type of bullish analysts and he predicted that the main cryptocurrency might contact $150,000 earlier than the tip yr. If BTC’s worth might triple within the coming months, this may very well be a superb alternative for buyers to accumulate extra belongings.
One of many gems that would file huge beneficial properties within the coming months and years is Bitbot. This venture will leverage the rising buying and selling quantity available in the market to realize huge adoption.
What’s Bitbot?
Earlier than investing within the venture, it’s best to know what it’s and perceive the way it works. Bitbot is a Web3 venture that’s set to offer wonderful companies to cryptocurrency merchants.
It’s a Telegram buying and selling bot that grants customers entry to some thrilling options, easing their crypto buying and selling journey. Bitbot is a self-custodial buying and selling bot that allows customers to commerce through their chilly wallets on Telegram.
The venture gives a novel worth proposition to customers and buyers. It is going to reap the benefits of Telegram’s place as a number one social media platform for crypto customers.
Based on the whitepaper, Bitbot will present customers with high-end options to assist them develop their buying and selling portfolios. These options are institutional-grade and can grant merchants entry to world-class buying and selling capabilities.
Bitbot can even leverage the rising buying and selling quantity within the cryptocurrency market to realize huge adoption within the coming months and years. Extra retail and institutional buyers are coming into the market and Bitbot might present thrilling companies to them.
Bitbot’s tech-savvy strategy to buying and selling
As a device, Bitbot can be providing tech-savvy instruments to ease the buying and selling course of for its customers. The group is engaged on some instruments that might ease the buying and selling course of for its customers.
Per their whitepaper, safety is the first focus of the Bitbot device. The device will use Knightsafe to supply a self-custody answer, mitigating the standard dangers related to Telegram buying and selling.
Along with that, a few of the funds raised from the presale rounds can be deployed in the direction of creating anti-MEV and anti-rug options for customers to guard their belongings. With these options, merchants can shield themselves from bots artificially pumping transaction prices and block rip-off initiatives.
Moreover, Bitbot will make the most of ultra-flexible pockets administration powered by non-custodial API expertise to offer an added layer of safety to the customers.
To assist the brand new merchants, Bitbot can even launch a duplicate buying and selling characteristic. With this characteristic, novice merchants can copy the trades of the strongest-performing wallets primarily based on on-chain actions.
Bitbot’s presale surpasses $650k
The Bitbot presale is now formally within the fourth stage and has already raised greater than $650k. In the mean time, the venture has raised $667k of the required $862k for this stage.
Bitbot continues to realize adoption by buyers as its presale is shifting quick. At the moment, the $BITBOT token goes for $0.0116 however is ready to extend to $0.0122 as soon as the fifth spherical commences.
Per its tokenomics, the event group will maintain 20% of the overall token provide and can use it to fund ongoing improvement. Moreover, 14% of the overall token provide is allotted to advertising & CEX listings whereas 3% is allotted to change liquidity provision.
Click here to learn extra about Bitbot’s upcoming presale.
Might Bitbot’s token be a winner this yr?
The crypto market is predicted to rally greater this yr and gems may very well be the largest winners. With the fitting stage of adoption, Bitbot may very well be one of many greatest winners on this bull cycle. The Bitcoin halving and different exterior elements might additionally assist push Bitbot’s worth greater