Bitbot price forecast as BTC holds key level
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Bitbot aims at becoming the top trading bot on Telegram.
The project’s non-custodial feature has the crypto trading community excited ahead of its launch.
The continued influx of new money via spot ETFs and Bitcoin’s upcoming halving are key bullish factors for Bitbot price prediction.
Cryptocurrencies are trading green as the top coins Bitcoin and Ethereum see slight gains. As the market looks to bounce, investor attention on new crypto project Bitbot suggests this could be one of the top tokens to buy this year.
What sets Bitbot apart from other Telegram bots?
As the market eyes further impetus from spot Bitcoin ETFs, there’s renewed optimism on a potential SEC approval for spot Ethereum ETFs. This outlook has traders on a new quest as they look to tap into potential opportunities.
One of the areas attracting most attention is the Telegram-based crypto trading space.
Telegram bots offer access to automated trading tools, including sniping and copy trading. Now almost every other solution boasts integration of artificial intelligence (AI).
However, Bitbot stands out from the rest as it offers the first non-custodial trading solution on Telegram. This groundbreaking move that ensures it’s “your keys, your wallet, your assets” for users has elevated the new project above other trading bots such as Unibot and Banana Gun.
The key difference is Bitbot’s focus on user security. Rather than compromise on security to offer convenience, Bitbot avoids this trade off by implementing a self-custody solution backed by MPC technology from Knightsafe.
The decentralised digital self-custody firm’s wallet technology ensures users have complete control over their assets, adding to the overall safety measures.
Bitbot’s upcoming launch therefore has the crypto trading community on Telegram extremely excited.
Bitbot sails to stage 9 of presale
Security and top institutional-grade trading tools make Bitbot one of the most anticipated crypto trading bot in the market.
That anticipation is visible from the buying frenzy around BITBOT, the native utility token.
BITBOT holders will enjoy a share of the daily revenue as well as access other exclusive perks, including discounts and airdrops. Traders are keen on these perks, which add to the non-custodial trading offering, anti-MEV and anti-rug pull features to put the bot top of most users’ list of best AI-powered Telegram trading bots.
Bitbot (BITBOT) has raced through the first eight stages amid this interest.
Currently in stage 9, Bitbot has raised more than $1.9 million. The token’s price is $0.0148 and will rise through the remaining six stages to reach $0.02 in the final stage.
As well as the early advantage of buying at discounted prices, the presale also offers giveaways and referral bonuses, which currently stands at 5%.
Bitbot price prediction: Can it reach $1 in 2024?
Bitbot will launch its token on exchanges this second quarter. The roadmap also highlights this time frame for the debut of its non-custodial trading bot. Community anticipation is huge after recent product updates provided demos to how the bot works.
This factor could combine with other positive catalysts to boost BITBOT price in coming months. Leading the tailwinds is the potential bull market explosion for Bitcoin.
The benchmark cryptocurrency has retreated from its all-time highs above $73k. However, with the Bitcoin ETFs seemingly only at the beginning of greater adoption and BTC halving weeks away, experts say BTC could explode past $100k in 2024.
With Unibot having seen a 200x uptick after its launch, its possible Bitbot, which offers a superior bot, could outshine it. Depending on the listing price, it’s likely BITBOT price will target the $1 mark this bull cycle.
To learn more about Bitbot, visit the official website.
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