London, United Kingdom, May 2nd, 2024, Chainwire
In a significant milestone, Bitbot, the AI-powered Telegram trading bot, has surpassed the $3 million mark in its presale following an exciting update to its product offering. The integration of advanced AI capabilities into its blockchain analysis tool, Gem Scanner, has propelled Bitbot into stage 12 of its 15-stage presale, set to conclude this quarter. With a rapidly growing community of over 140,000 members, Bitbot is poised to make a substantial impact in the trading world. The recent rebrand and focus on AI features have fueled investor interest, positioning Bitbot as a game-changer in the market.
Bitbot's Explosive Growth and Community Engagement
The Bitbot community has seen exponential growth, now boasting over 140,000 members, including 110,000+ followers on X (formerly Twitter) and a Telegram channel nearing 30,000 members. This burgeoning community is a testament to the project's appeal and the team's efforts to convert these followers into paying customers upon the product's launch later this year.
The presale's success is partly attributed to Bitbot’s recent rebranding, which features a new website with updated visuals and a strong emphasis on Bitbot’s AI capabilities. The team believes that the investment in AI to enhance its trading engine is a key driver of the heightened interest in the presale.
A Revolutionary Non-Custodial Telegram Trading Platform
Bitbot is carving out a unique position in the market by offering the world’s first non-custodial Telegram trading platform. This innovative approach ensures that users' funds are only transferred once trades are complete, significantly reducing the risk associated with trading. Coupled with a suite of AI-powered trading tools, Bitbot aims to provide retail investors with the same level of sophistication and security that institutional investors enjoy.
The BITBOT token is available for purchase on the official Bitbot website, providing early adopters with an opportunity to be part of this groundbreaking project.
Gem Scanner: Merging AI with On-Chain Analysis
At the heart of Bitbot’s offering is the Gem Scanner, a powerful tool powered by Bitbot’s proprietary AI. The Gem Scanner is designed to uncover undervalued, low-cap tokens with the potential for significant rallies. By analyzing data from top aggregators like DEX Screener and Birdeye, and combining it with social media sentiment, the Gem Scanner provides predictions based on comprehensive market data.
This technology eliminates the need for hours of meticulous market analysis, making it particularly appealing to retail traders. The team hopes that this will drive widespread adoption and help Bitbot capture market share from competitors like Banana Gun and Maestro over the coming year.
The Rise of AI and Blockchain Technology
The integration of AI and blockchain technology is a trend that shows no signs of slowing down. Tech giants like Google and Microsoft have seen significant stock price increases driven by AI advancements, with Reuters reporting spikes of 10% and 2%, respectively. The demand for AI features continues to outstrip supply, suggesting sustained growth in the sector. Industry predictions support this, with an expected compounded annual growth rate (CAGR) of 28.4% per year until 2030.
Blockchain technology is experiencing similar growth, with a projected CAGR of 24%. AI crypto tokens are currently valued at just under $20 billion, with a daily trading volume of around $900 million, according to CoinGecko.
Bitbot has strategically repositioned itself to meet the growing demand for AI in the crypto market by offering a range of advanced technologies. This move is expected to yield significant benefits for BITBOT token holders.
Bitbot’s Technical Product Officer Speaks on AI Integration
Andrew Jacobs, Bitbot’s Technical Product Officer, emphasized the importance of AI in leveling the playing field for retail investors. He stated, "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 Promising Market Outlook
With its enhanced focus on AI, Bitbot is well-positioned to capitalize on the increasing interest in AI-driven projects. The market has seen notable activity, such as the performance of BitTensor (TAO), an AI coin that experienced significant price changes, rising from $34 last year to $757 in March.
The Telegram bot sector has also shown strong performance, with competitors like Banana Gun experiencing 200% rallies in just six months and 80x gains from early presale prices in early April. With its enhanced security features and AI advancements, the Bitbot team is optimistic about surpassing these results.
About Bitbot
Bitbot is an innovative AI Telegram trading bot designed to provide institutional-grade trading tools to retail users. The platform offers a variety of advanced features, including sniping and copy trading, to empower users in their trading endeavors.
Security is a top priority for Bitbot, which is why the project has been audited by Solid Proof. Adhering to the motto, “Your keys, Your wallet, Your assets,” Bitbot has partnered with Knightsafe to deliver the world’s first non-custodial Telegram trading bot. This partnership mitigates counterparty risk and is reinforced with anti-MEV and anti-rug technology.
For more information, users can visit the official Bitbot website.
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Bitbot is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Contact Bitbot Press Team Bitbotpr@bitbot.com
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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