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 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 can 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 crew hopes to transform an excellent portion of this into paying clients 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 crew is optimistic that investing in AI to spice up its buying and selling engine is without doubt one of the elements possible 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, 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 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 attain multi-digit rallies.
The Gem Scanner scours high information aggregators reminiscent of DEX Screener and Birdeye whereas combining social media feeds to make predictions primarily based on each market information and viewers sentiment.
This productivity-boosting tech eliminates the reliance on conducting hours of meticulous market evaluation. It should usually enchantment to retail merchants and subsequently assist drive manufacturing adoption. With this providing, the crew 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 worth 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 development. That is supported by sector predictions, which lay out an anticipated compounded annual development charge (CAGR) of 28.4% per yr till 2030.
Blockchain gives the same story, with a CAGR of 24% projected. AI crypto tokens are at present valued at just below $20 billion, with a each day buying and selling quantity of round $900 million, in keeping with CoinGecko.
Bitbot has repositioned itself to satisfy this rising demand for AI within the crypto market by providing a spread of superior applied sciences.
Talking on the choice to refocus efforts in direction of AI capabilities, Bitbot’s Technical Product Officer, Andrew Jacobs, mentioned:
“Our mission has at all times been to provide our customers the instruments which have enabled establishments to dominate monetary markets, and the advantages our AI gives are the very best equalizer we’ve seen available on the market to this point. Plus, AI positioning is at present producing nice returns for a lot of tasks within the house, and we predict BITBOT holders will really feel the advantage of this.”
Bitbot’s thrilling market outlook
With its enhanced concentrate on AI, Bitbot is positioned to interact with the growing curiosity in AI tasks. The market has noticed notable exercise, such because the efficiency of BitTensor (TAO), an AI coin which skilled vital worth modifications, rising from $34 final yr to $757 in March.
Inside the Telegram bot sector, there may be loads of precedent for robust efficiency as nicely. Rivals like Banana Gun have skilled 200% rallies in simply six months, and in early April, they noticed 80x features from early presale worth. With its enhanced safety and AI iterations on these first-generation merchandise, the Bitbot crew 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 a wide range 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 pockets, Your property.” 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 proposal to take a position.
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