Could Bitcoin's ETF Boost Trading Bots? Bitbot's $1,13m is a Strong Indicator [Sponsored]

Could Bitcoin's ETF Boost Trading Bots? Bitbot's $1,13m is a Strong Indicator [Sponsored]

FinanceEconomy

By Jakub Lazurek

19 Mar 2024

4 min read

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SEC's Bitcoin ETF nod ignites Bitbot's $1.13M presale, revolutionizing crypto trading.

The approval of Bitcoin ETFs by the SEC in mid-January marked one of the most exhilarating chapters in cryptocurrency history. Seen as a monumental stride towards legitimizing cryptocurrencies amongst institutional investors, Bitcoin ETFs are anticipated to have unlocked the floodgates for billions to enter the crypto space. 

The hype around the approval was overwhelming, and rightly so. Since the green light for Bitcoin ETFs, Bitcoin's price has surged over $50k, pushing BTC’s market cap beyond the $1 trillion mark.

Amid this exploding interest, a new market found fertile ground to thrive: Telegram trading bots. These innovative platforms offer a sleek, user-friendly solution for navigating the complex world of automated crypto trading and decentralized exchanges, all within the Telegram app—a haven for thousands of crypto communities.

These trading bots have become the go-to trading solution for many in recent months. One newcomer, Bitbot, is making its presence felt after raising $1,13m in its ongoing crypto presale. 

Today, we’ll explore why Bitcoin ETFs are a boon for this budding market and how Bitbot could capitalize on this growth with its security-first approach.

Telegram trading bots 

To put the growth of Telegram trading bots into perspective, just look at the numbers: $9 billion in cumulative trading volume from over 750,000 users, with $3 billion contributed in January and February 2024 alone, most likely thanks to the ripple effects of Bitcoin ETF approvals.

Yet, despite these bots' ability to unlock the world of automated trading, they've seen their fair share of issues. High-profile cases like Maestro's $500k ETH heist, Unibot's devastating hack that sunk its token value by over 40% within an hour, and Banana Gun's alleged rug pull, which saw its token value plummet over 90%, highlight a dire need for a safer alternative.

Bitbot’s game-changing solution

Meet Bitbot, a new Telegram trading bot positioned as the world’s first non-custodial bot. Echoing its motto, "Your keys, your wallet, your assets," Bitbot collaborates with KnightSafe, a decentralized, open-source self-custody solution, meaning users maintain complete control over their funds until trades are settled. Interested readers can learn more in Bitbot’s recent Medium post

Bitbot's arsenal includes advanced anti-MEV and anti-rug solutions that scrutinize on-chain behavior and contracts, shielding traders from scam projects and cost-inflating bots. Its Alpha List is an exclusive feature powered by AI. This tool scans the blockchain for newly listed projects, crypto presale tokens, and low-cap gems set to explode, offering users a way to jump in early before the pump.

Similarly, Bitbot’s sniping feature helps traders take advantage of opportunities, automatically opening a position on low-cap gems with potential and automatically selling them when they pump. For those short on time, the Copy Trade function allows users to mirror the moves of the community’s top traders.

Besides trading, BITBOT token holders can tap into a revenue-sharing pool, claiming up to 50% of the platform's daily earnings. Also, anyone can benefit from a referral program that rewards a 15% lifetime commission on their referees' trades. It’s an effective, all-in-one solution with multiple avenues for profit. It uses AI-driven insights and institutional-grade security to help traders make—and keep—more from their trading adventure.

Bitbot could follow Banana Gun’s 50x trajectory

Bitbot is riding the wave of excitement that's swept through the crypto market following Bitcoin ETF approvals, having raised an impressive $1,13m from thousands of traders eagerly awaiting the bot’s launch. But the buzz isn’t just reflected in its fundraising efforts; Bitbot’s social presence is remarkable, with roughly 100k followers on Twitter and over 11k members in its Telegram group. 

Currently priced at $0.0128 in stage 6, with a closing price of $0.0200, Bitbot could follow Banana Gun’s trajectory this year. The BANANA token hit an all-time high on the 20th of February, rewarding presale investors with a 50x gain. 

Bitbot could easily outshine its competitors because of its top-notch security, AI-backed trading capabilities, and lucrative incentives. The foundation laid by Bitcoin ETF approvals has primed the market for growth, suggesting Bitbot's launch could be perfectly timed for exponential gains in 2024. With a precedent like Banana Gun, 50x+ gains might be on the cards for early BITBOT investors this year.

Last call: Bitbot’s presale might be your best move in 2024

With crypto and Bitcoin sentiment looking bullish, Bitbot's crypto presale is fast becoming the golden ticket for profiting from the flourishing Telegram trading bot market. However, 56.25% presale price growth remains, offering early investors a chance to boost their gains when BITBOT lists on exchanges. 

Bitbot could be the key to making the most of 2024’s crypto bull run, both from its advanced product and projected token surge. Don’t miss out on making this year your most profitable yet. 

To learn more and purchase BITBOT tokens, visit theofficial website.

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