New AI cryptocurrency Bitbot attracts investors with its ongoing pre-sale – DiarioBitcoin

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The Bitbot team shares details about their AI-powered Telegram bot project, designed to make things easier for cryptocurrency traders. They are currently raising funds through a pre-sale.

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It is no secret that, as one of the fastest growing sectors in the crypto world, AI-based crypto projects have skyrocketed. A new entrant in this field, Bitbotpromises to provide advanced AI-based trading knowledge to revolutionize the Telegram bot market, another sector that has been a real hotbed of growth in recent months.

With USD$3.1 million raised in its ongoing pre-sale, it looks like Bitbot is on track to become one of the hottest crypto tokens of 2024. But why are investors so excited about Bitbot? Let’s find out.

AI Crypto Market Shows No Signs of Slowing Down

With cryptocurrency prices skyrocketing in 2024, it’s no surprise that AI-based cryptocurrencies have been among the most explosive. The increase in investment is due to the global fascination with AI and its potential, triggered by the launch of ChatGPT in late 2022.

Now, according to Spherical Insights, the blockchain AI market is poised to grow at a compound annual growth rate (CAGR) of 24.06% until the end of this decade. Currently, AI cryptocurrencies have a market capitalization of approximately 20 billion dollarswith a daily trading volume of about $1.25 billion.

In this booming sector, trading robots using AI represent a fascinating niche. Values reports a projected CAGR of 37.2% for the AI ​​cryptocurrency trading bot market by 2029.

In the midst of this commotion, the USD $3.1 million raised by Bitbot thanks to the interest of dozens of numerous investors since its pre-sale launch earlier this year, is becoming part of this narrative.

Where Bitbot fits into all this

Bitbot belongs to the sector of Telegram bots that use AI to offer exclusive and actionable information to traders. Simply put, these bots simplify access to sophisticated automated trading strategies and decentralized exchanges directly through the Telegram app interface.

Since the beginning of 2024, the Telegram trading bot market has been one of the fastest growing cryptocurrency sectors, with volumes that have skyrocketed from about 6 billion dollars to more than 20 billion (in which approximately 1.5 million traders participate) at the time of writing. Its popularity among Telegram’s more than 900 million users is expected to only grow, and Bitbot’s AI offering could see it dominate the competition this year.

Bitbot’s AI-based proposal excites investors

Bitbot is designed to give retail traders an edge in a cryptocurrency market dominated by institutional traders. A central element of Bitbot It is his emblematic Gem Scanneran advanced AI tool that extracts data from sources such as Dexscreener, Birdeye and other social networks to spot the fastest growing crypto tokens. It then assigns a score based on real-time on-chain activity and overall market sentiment, offering traders some of the most advanced analysis available.

However, AI-based insights are just one of the improvements Bitbot offers over the competition. Unlike rivals such as Maestro, Unibot, Banana Gun and, recently, Solareum, which have faced challenges related to the custody of user keys and funds, Bitbot takes a non-custodial approach.

Thanks to its association with KnightSafe, an open source decentralized self-custody solution that secures assets worth over $28 million, Bitbot users maintain full control of their private keys and assets. This means that user funds will be transferred only when trades are executed. Along with anti-MEV and anti-scam technologies, Bitbot is touted as not only Telegram’s smartest trading solution, but also the most secure.

Other additional functions, such as copy trading, a profit-sharing program for BITBOT holders that offers a share of up to 50% of the bot’s revenue, and a referral program with a 15% commission on referred users’ trades, are also part of the Bitbot offer. These advantages, Bitbot’s advanced security, and powerful AI will make cryptocurrency trading more attractive and less nerve-wracking than ever. Without a doubt, it is ready to tempt thousands of new users to enter a market that previously made them uncomfortable.

Bitbot pre-sale shows potential

The current price of BITBOT is USD$0.018 in the phase 13 of its 15-phase pre-sale. The enthusiasm among investors is seen in the more than 80,000 followers on Twitter and about 30,000 in Telegram that vibrate with each update. The continuous product demonstrations and you love them have raised the excitement for this new AI cryptocurrency to the maximum.

When considering Bitbot’s potential, a look at Banana Gun offers a revealing comparison. Banana Gun provided almost 80 times performance to its pre-sale investors after a historic high in April. Although it has since fallen in price amid a general market pullback, it highlights Bitbot’s potential.

With the rise of the AI-based cryptocurrency sector and the high demand for bots to operate on Telegram, Bitbot is well positioned to become a rival and worth watching your cryptocurrency this 2024.

Hurry: Bitbot pre-sale will close soon

With the pre-sale reaching its final stages, all eyes are now on the exchanges that will follow and the debut of the Bitbot app in the coming months. However, that means the window to be an early investor is rapidly closing.

The launch of Bitbot could captivate many of the approximately 60,000 daily users of Telegram’s trading bot, which could skyrocket demand for its BITBOT token. Echoing Banana Gun’s success story, early investors stand to gain the most – don’t miss out on the opportunity for potential returns.

For more information and to purchase BITBOT tokens, visit the official Web site.

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Disclaimer: This is a sponsored note produced by the team at Bitbot , hence DailyBitcoin does not endorse or promote the commercial offers, products or services cited throughout the text.

The marketing of cryptocurrencies in the pre-sale phase can be a risky activity, even more so if it is not done through a launchpad or known platform. We recommend that interested parties research more about the project and its value proposition before investing their capital, since any investment carries significant risks.

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Text and image of Bitbot

WARNING: This is an informative article. DiarioBitcoin is a media outlet, it does not promote, endorse or recommend any particular investment. It is worth noting that investments in cryptoassets are not regulated in some countries. They may not be suitable for retail investors as the entire amount invested could be lost. Check the laws of your country before investing.