The post Viral AI Trading Bot Lists Today: Why is Everyone Talking About Bitbot? appeared first on Coinpedia Fintech News
At 9 a.m. UTC, the BITBOT token listed on the Uniswap exchange, with one trader buying over $85,000 worth within a few hours of launch. This comes after an impressive $4.3 million raise and a blossoming community forming across a variety of social channels.
The past year has seen a range of different factors contribute to Bitbot’s epic viral uprising. From AI crypto to the adoption of Telegram trading bots, here’s why everyone is talking about Bitbot.
Bitbot’s market-leading security and AI trading power
There are two game-changing aspects to Bitbot’s offering: AI trading power and first-of-its-kind security measures. Investors are currently tripping over themselves to use Bitbot’s trading platform, hosted within the accessible UI of the Telegram messaging app.
Bitbot gives retail investors the chance to compete with institutional traders thanks to its advanced trading features. Its copy-trading functionality allows users to mimic the trades of top-performing wallets, meaning newbies don’t need to spend days watching YouTube videos to enter the trading game.
Similarly, Bitbot’s sniping capabilities allow traders to automatically buy low and sell high with a similar level of hands-off commitment. However, the jewel in Bitbot’s crown is its AI Gem Scanner.
This piece of genius is unique to Bitbot. Using sentiment analysis and natural language processing, the Gem Scanner analyzes market sentiment across sources such as social media and DEXScreener, picking out undiscovered, low-cap gems that are set to pump. Then, using natural language, investors can converse with Bitbot to learn more about the project and place trades, making the trading process easier than ever before.
Supporting this is Bitbot’s direct response to the swathe of security mishaps that its rivals like Unibot and Banana Gun have suffered over the past year. Along with anti-rug and anti-MEV technology, Bitbot’s self-custody solution protects users’ funds better than anything else on the market. Bitbot is the only Telegram trading platform that allows users to keep control of their assets at all times, right up until trades settle. This feature alone is set to place Bitbot at the very top of a market worth nearly $2 billion at press time.
Two market forces supercharging Bitbot price predictions
As mentioned, Bitbot is entering a highly valued and super-promising market. Telegram trading bots are essentially a year old, with no major players claiming any kind of market dominance. Market leader, Banana Gun, is pretty new to the game and has suffered its fair share of FUD.
Despite this, it delivered gains of as much as 120x and, at press time, is still +250% above its launch price. This would suggest that the market is gagging for any kind of half-decent Telegram trading tool, even if it possesses questionable security. Zooming out, Telegram trading bots have managed to amass quite the transaction volume: $32 billion in cumulative volume with a present average of over half a million a day, despite the recent market crash.
Then we have the AI crypto sector, one that has dominated the narrative this year: 10% of projects in the top 50 cryptos are AI. Equally, some of 2023’s biggest gainers, such as FET and TAO, do a similar job of flying the flag for AI crypto. TAO is up +220,000% from its launch price at press time, and that’s after just over a year’s worth of growth. Meanwhile, FET, a merge of Fetch.ai, Ocean Protocol, and SingularityNET, managed gains of as much as +41,000%.
Given that the AI crypto market is reported to be growing at a CAGR of 23.64%, the mini dip we’ve seen in the crypto markets lately could signal the perfect time to buy into such a promising industry.
AI is finding its way into everything we do
If it could replace actors, AI dominating the trading space is simply destiny at this point. Buying the BITBOT token today means that you’re backing a tool that’s ready to be the ultimate gateway to an industry that’s likely to explode over the next 12 months—especially given the bull market forecasts and both Republicans and Democrats stating their support for crypto.
Bitbot is available to trade now on the Uniswap exchange.
