Key takeaways
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Ether is outperforming Bitcoin and some different main cryptocurrencies after including greater than 2% to its worth.
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Bitbot’s presale is now within the third stage and the staff has raised almost $450k.
Ether outperforms Bitcoin
Ether, the second-largest cryptocurrency by market cap, has been performing properly during the last 24 hours. The coin is up by greater than 2% throughout that interval. At press time, the price of Ether stands at $2,362 per coin.
Ether is presently outperforming Bitcoin and a bunch of different main cryptocurrencies. Bitcoin is now eyeing the $43,500 mark because the market begins to soar greater.
What’s Bitbot?
Market circumstances have begun to enhance and extra buyers are searching for high quality tasks to spend money on. One of many tasks that might develop into a frontrunner available in the market is Bitbot.
Bitbot is a Web3 mission that’s set to deliver distinctive worth propositions to merchants within the cryptocurrency house. It’s a Telegram buying and selling bot that places the ability within the fingers of the person. Bitbot is a self-custodial buying and selling bot that allows customers to commerce through their chilly wallets on Telegram.
Based on their whitepaper, Bitbot intends to supply an revolutionary manner of buying and selling because it leverages Telegram’s place as a number one social media platform for crypto customers.
The staff additionally revealed that Bitbot will present customers with high-end options to assist them develop their buying and selling portfolios. A few of these options are institutional grade, granting them entry to world-class buying and selling capabilities.
Bitbot will leverage the rising buying and selling quantity within the crypto market to realize huge adoption within the coming months and years.
Bitbot brings technological innovation to merchants
Bitbot intends to deliver technological improvements that may profit merchants. The event staff is engaged on some thrilling instruments that may make the buying and selling course of simpler for its customers.
One in every of Bitbot’s key options is that it prioritises safety. Based on the staff, Bitbot will leverage Knightsafe to supply a self-custody resolution. This resolution helps in mitigating the standard dangers related to Telegram buying and selling.
The staff will use a few of the funds raised from the presale to develop anti-MEV and anti-rug options for customers to guard their belongings. With these options, merchants can defend themselves from bots artificially pumping transaction prices and block rip-off tasks.
Using ultra-flexible pockets administration fuelled by non-custodial API know-how is one other safety characteristic accessible on Bitbot.
To assist merchants enhance profitability, Bitbot is engaged on a duplicate buying and selling characteristic. This characteristic will allow merchants to repeat the trades of the strongest-performing wallets primarily based on on-chain actions.
Bitbot’s presale surpasses $400k
The Bitbot presale is now in its third stage and is now shifting swiftly. The mission has raised greater than $440k to this point and is greater than midway by means of the $630,000 goal.
The brand new milestone of $440k reveals that Bitbot is gaining quick adoption inside the cryptocurrency house. The $BITBOT token goes for $0.011 within the present presale spherical and can improve to $0.0116 as soon as the fourth spherical commences.
Based on their whitepaper, the Bitbot growth staff will maintain 20% of the full token provide and can use it to fund ongoing growth. 14% is allotted to advertising & CEX listings whereas 3% is allotted to trade liquidity provision.
Click here to learn extra about Bitbot’s upcoming presale.
May Bitbot carry out excellently in 2024?
The cryptocurrency market is anticipated to rally greater within the coming months due to the upcoming Bitcoin halving and different essential occasions. These catalysts may lead to a Bull Run over the approaching months.
If that occurs, BITBOT may develop into one of many greatest winners available in the market. As buying and selling quantity available in the market will increase, BITBOT may additionally see a spike in adoption if it rolls out its options and options. The event staff is placing within the work to develop into a wonderful mission for cryptocurrency merchants.