- The presale for Bitbot has exceeded $3.9 million in funding
- Bitbot is scheduled to list on both Uniswap and MEXC at 3pm UTC today
- A new staking pool offering up to 60% APY has been introduced
Bitbot's Listing on Uniswap and MEXC
As Bitbot wraps up stage 15 of its presale with a significant $3.9 million raised, the development team has announced that the $BITBOT token will be listed on various exchanges today.
The token will be available for trading on both Uniswap and MEXC starting at 3pm UTC.
Telegram-Based AI Trading
Bitbot serves as a Telegram AI trading bot designed for cryptocurrency traders to conduct transactions through their cold wallets on the Telegram platform. The emphasis on Telegram is due to its prominence as the primary messaging protocol for cryptocurrency users worldwide, with over 900 million users. Bitbot aims to capitalize on Telegram's extensive user base to achieve widespread adoption.
In the midst of a bullish trend in the crypto market, where the total market capitalization is nearing $3 trillion, Bitbot's exchange listings add momentum to the project.
Access to High-Quality Features
Bitbot's services aim to simplify access to institutional-grade features for users. The trading tool focuses on providing advanced features to streamline the trading experience for users.
An essential aspect of Bitbot is the security of user assets and information, which will be ensured through the deployment of the Knightsafe feature, offering a self-custody solution to mitigate risks associated with trading via Telegram.
Measures for Security and Flexibility
Bitbot will integrate anti-MEV and anti-rug solutions to enhance asset protection and provide a flexible wallet management solution powered by non-custodial API technology.
One of the standout features of Bitbot is Copy Trading, enabling new traders to emulate the trading strategies of the best-performing wallets based on on-chain activities.
Financial Performance and Allocation
The Bitbot presale has raised over $3.9 million leading up to its exchange listings, with the $BITBOT token priced at $0.020 in the final phase of the presale. As per the tokenomics, 20% of the total token supply will be retained by the development team for ongoing projects. Additionally, 14% of the token supply is allocated to marketing and CEX listings, and 3% is dedicated to exchange liquidity provision.
Considerations for Investing
As the Bitbot presale nears its conclusion, potential investors may view this as an opportunity to acquire tokens at a discounted rate. Historically, presales offer a favorable entry point for investors looking to engage with crypto projects before their introduction to mainstream cryptocurrency exchanges.
With its integration with Telegram, Bitbot has the potential to become a leading AI trading platform in the cryptocurrency sector. The native token could experience significant price growth depending on the level of adoption of the tool.
