London, United Kingdom, Could 2nd, 2024, Chainwire
AI-powered Telegram buying and selling bot, Bitbot, has surged previous the $3M mark in its presale after outlining its up to date product providing. Bitbot now features a layer of AI growth on its blockchain evaluation software, Gem Scanner. The undertaking has hurtled into stage 12 of its quick 15-stage presale resulting from finish this quarter, at which level the BITBOT token will probably be unleashed upon the open market.
The Bitbot group now numbers over 140k, with 110k+ followers on X and a Telegram channel approaching 30k. Bitbot’s group hopes to transform an excellent portion of this into paying prospects when the product launches this yr.
The presale has been supported by Bitbot’s current rebrand, which features a new web site with up to date visuals and, most crucially, a highlight on Bitbot’s AI options. Bitbot’s group is optimistic that investing in AI to spice up its buying and selling engine is likely one of the elements possible driving the heightened curiosity within the presale.
Bitbot is establishing its standing as a game-changing undertaking by providing the world’s first non-custodial Telegram buying and selling platform, guaranteeing customers’ funds solely switch as soon as trades are full. That is mixed with an arsenal of AI buying and selling weapons that give retail traders the firepower they want when competing towards the establishments.
Bitbot (BITBOT) is in the stores on the official web site.
Gem Scanner: merging AI with on-chain evaluation
Powered by Bitbot’s proprietary AI, the Gem Scanner goals to uncover undervalued, low-cap tokens with the potential to realize multi-digit rallies.
The Gem Scanner scours prime knowledge aggregators comparable to DEX Screener and Birdeye whereas combining social media feeds to make predictions primarily based on each market knowledge and viewers sentiment.
This productivity-boosting tech eliminates the reliance on conducting hours of meticulous market evaluation. It should sometimes enchantment to retail merchants and due to this fact assist drive manufacturing adoption. With this providing, the group hopes to see Bitbot take market share away from key opponents Banana Gun and Maestro over the approaching yr.
AI and blockchain are on the rise
Tech stalwarts Google and Microsoft each loved AI-driven inventory value surges not too long ago, with Reuters reporting spikes of 10% and a pair of%, respectively.
And with demand for AI options outstripping capability to provide the market, the business seems poised for sustained progress. That is supported by sector predictions, which lay out an anticipated compounded annual progress fee (CAGR) of 28.4% per yr till 2030.
Blockchain presents an identical story, with a CAGR of 24% projected. AI crypto tokens are presently valued at slightly below $20 billion, with a every day buying and selling quantity of round $900 million, based on CoinGecko.
Bitbot has repositioned itself to satisfy this rising demand for AI within the crypto market by providing a variety of superior applied sciences.
Talking on the choice to refocus efforts in the direction of AI capabilities, Bitbot’s Technical Product Officer, Andrew Jacobs, mentioned:
“Our mission has always been to give our users the tools that have enabled institutions to dominate financial markets, and the benefits our AI offers are the best equalizer we’ve seen on the market so far. Plus, AI positioning is currently generating great returns for many projects in the space, and we predict BITBOT holders will feel the benefit of this.”
Bitbot’s thrilling market outlook
With its enhanced concentrate on AI, Bitbot is positioned to interact with the growing curiosity in AI initiatives. The market has noticed notable exercise, such because the efficiency of BitTensor (TAO), an AI coin which skilled vital value modifications, rising from $34 final yr to $757 in March.
Inside the Telegram bot sector, there’s loads of precedent for robust efficiency as properly. Rivals like Banana Gun have skilled 200% rallies in simply six months, and in early April, they noticed 80x features from early presale value. With its enhanced safety and AI iterations on these first-generation merchandise, the Bitbot group is optimistic about surpassing these outcomes.
About Bitbot
Bitbot is a brand new AI Telegram buying and selling bot that goals to place institutional-grade buying and selling instruments within the fingers of retail customers, to allow them to commerce utilizing a wide range of superior options, together with sniping and duplicate buying and selling.
Audited by Strong Proof, Bitbot focuses on safety and follows the motto, “Your keys, Your wallet, Your assets.” To this finish, the undertaking has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating counterparty threat and reinforcing this with anti-MEV and anti-rug expertise.
For extra info, customers can go to the web site.
Official Web site | Whitepaper | Socials
Bitbot is the supply of this content material. This Press Launch is for informational functions solely. The knowledge doesn’t represent funding recommendation or a suggestion to speculate.
Contact
Bitbot Press Crew
Bitbot
pr@bitbot.com
