London, United Kingdom, Might 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 instrument, Gem Scanner. The venture has hurtled into stage 12 of its quick 15-stage presale as a result of finish this quarter, at which level the BITBOT token will likely be unleashed upon the open market.
The Bitbot neighborhood now numbers over 140k, with 110k+ followers on X and a Telegram channel approaching 30k. Bitbot’s workforce hopes to transform a superb portion of this into paying clients when the product launches this 12 months.
The presale has been supported by Bitbot’s latest rebrand, which features a new web site with up to date visuals and, most crucially, a highlight on Bitbot’s AI options. Bitbot’s workforce is optimistic that investing in AI to spice up its buying and selling engine is likely one of the elements probably driving the heightened curiosity within the presale.
Bitbot is establishing its standing as a game-changing venture by providing the world’s first non-custodial Telegram buying and selling platform, making certain 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 buyers 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 equivalent 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’ll usually enchantment to retail merchants and due to this fact assist drive manufacturing adoption. With this providing, the workforce hopes to see Bitbot take market share away from key opponents Banana Gun and Maestro over the approaching 12 months.
AI and blockchain are on the rise
Tech stalwarts Google and Microsoft each loved AI-driven inventory worth surges just lately, with Reuters reporting spikes of 10% and a couple of%, respectively.
And with demand for AI options outstripping capability to produce the market, the business seems poised for sustained development. That is supported by sector predictions, which lay out an anticipated compounded annual development fee (CAGR) of 28.4% per 12 months till 2030.
Blockchain presents an identical story, with a CAGR of 24% projected. AI crypto tokens are at present valued at slightly below $20 billion, with a day by day buying and selling quantity of round $900 million, in accordance with 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, 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 thrilling market outlook
With its enhanced concentrate on AI, Bitbot is positioned to have interaction with the rising curiosity in AI initiatives. The market has noticed notable exercise, such because the efficiency of BitTensor (TAO), an AI coin which skilled important worth modifications, rising from $34 final 12 months to $757 in March.
Inside the Telegram bot sector, there’s loads of precedent for sturdy efficiency as nicely. Opponents like Banana Gun have skilled 200% rallies in simply six months, and in early April, they noticed 80x beneficial properties from early presale worth. With its enhanced safety and AI iterations on these first-generation merchandise, the Bitbot workforce 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 arms of retail customers, to allow them to commerce utilizing quite a lot of superior options, together with sniping and replica buying and selling.
Audited by Stable Proof, Bitbot focuses on safety and follows the motto, “Your keys, Your wallet, Your assets.” To this finish, the venture has partnered with Knightsafe to ship the world’s first non-custodial telegram buying and selling bot, mitigating counterparty danger and reinforcing this with anti-MEV and anti-rug know-how.
For extra data, customers can go to the web site.
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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 take a position.
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Bitbot
pr@bitbot.com
