Key takeaways
Bitcoin may attain $150k in 2024: Tom Lee
The cryptocurrency market has been bullish since the begin of the 12 months, with Bitcoin touching the $50k degree for the first time since 2021. With the bulls presently in management, many imagine that BTC’s value may soar increased in the coming months.
FundStrat head of analysis Tom Lee is a type of bullish analysts and he predicted that the main cryptocurrency may contact $150,000 earlier than the finish 12 months. If BTC’s value may triple in the coming months, this might be a wonderful alternative for buyers to purchase extra belongings.
One of the gems that might file huge features in the coming months and years is Bitbot. This mission will leverage the rising buying and selling quantity in the market to acquire huge adoption.
What is Bitbot?
Before investing in the mission, it’s best to know what it’s and perceive the way it works. Bitbot is a Web3 mission that’s set to present wonderful providers to cryptocurrency merchants.
It is a Telegram buying and selling bot that grants customers entry to some thrilling options, easing their crypto buying and selling journey. Bitbot is a self-custodial buying and selling bot that permits customers to commerce through their chilly wallets on Telegram.
The mission gives a novel worth proposition to customers and buyers. It will make the most of Telegram’s place as a number one social media platform for crypto customers.
According to the whitepaper, Bitbot will present customers with high-end options to assist them develop their buying and selling portfolios. These options are institutional-grade and can grant merchants entry to world-class buying and selling features.
Bitbot may also leverage the rising buying and selling quantity in the cryptocurrency market to acquire huge adoption in the coming months and years. More retail and institutional buyers are coming into the market and Bitbot may present thrilling providers to them.
Bitbot’s tech-savvy strategy to buying and selling
As a instrument, Bitbot shall be providing tech-savvy instruments to ease the buying and selling course of for its customers. The group is engaged on some instruments that might ease the buying and selling course of for its customers.
Per their whitepaper, safety is the main focus of the Bitbot instrument. The instrument will use Knightsafe to provide a self-custody answer, mitigating the typical dangers related to Telegram buying and selling.
In addition to that, a few of the funds raised from the presale rounds can be deployed in direction of creating anti-MEV and anti-rug options for customers to shield their belongings. With these options, merchants can shield themselves from bots artificially pumping transaction prices and block rip-off tasks.
Furthermore, Bitbot will make the most of ultra-flexible pockets administration powered by non-custodial API expertise to present an added layer of safety to the customers.
To assist the new merchants, Bitbot may also launch a duplicate buying and selling characteristic. With this characteristic, novice merchants can copy the trades of the strongest-performing wallets based mostly on on-chain actions.
Bitbot’s presale surpasses $650k
The Bitbot presale is now formally in the fourth stage and has already raised greater than $650k. At the second, the mission has raised $667k of the required $862k for this stage.
Bitbot continues to acquire adoption by buyers as its presale is transferring quick. Currently, the $BITBOT token goes for $0.0116 however is ready to enhance to $0.0122 as soon as the fifth spherical commences.
Per its tokenomics, the improvement group will maintain 20% of the complete token provide and can use it to fund ongoing improvement. Furthermore, 14% of the complete token provide is allotted to advertising & CEX listings whereas 3% is allotted to change liquidity provision.
Click here to learn extra about Bitbot’s upcoming presale.
Could Bitbot’s token be a winner this 12 months?
The crypto market is predicted to rally increased this 12 months and gems might be the greatest winners. With the proper degree of adoption, Bitbot might be one in all the greatest winners in this bull cycle. The Bitcoin halving and different exterior components may additionally assist push Bitbot’s value increased
