With Bitbot presales officially surpassing $900,000, Bitcoin is eyeing the $70,000 level again.

adminMarch 11, 2024

Key Takeaways

BTC hit a new all-time high of $70,000 on Friday and could target that level again after tracking.
Bitbot’s pre-sales have officially surpassed $900,000 as Phase 5 nears completion.

Bitcoin could soon surpass $70,000.

Bitcoin, the world’s leading cryptocurrency by market capitalization, is having an interesting month so far. On Friday, BTC reached an all-time high of $70,000 before falling back to the $67,000 region.

At the time of reporting, bitcoin price It fell less than 1% in the last 24 hours to $68,730. If the recovery continues, BTC could target the $70,000 region in the coming hours or days.

What is Bitbot?

Market volume continues to increase as Bitcoin, Ethereum, and other major cryptocurrencies rise. This means that traders have become more active in the cryptocurrency market.

It is important for traders to utilize tools that can help them improve their trading activities. bitbot It is one of the projects developing tools to help traders in the cryptocurrency market.

Bitbot is a Web3 project set to offer a unique value proposition to traders in the cryptocurrency space. This is a Telegram trading bot that puts power in the hands of users.

According to the white paper, Bitbot is a self-managed trading bot that allows users to trade through Telegram’s cold wallet. The product offers an innovative way to trade and leverages Telegram’s position as a leading social media platform for cryptocurrency users.

Bitbot comes with advanced features to help traders grow their trading portfolio. Some of the tool’s features are institutional grade, giving you access to world-class trading features.

With the right level of adoption, Bitbot could become one of the most widely used tools by cryptocurrency traders.

Bitbot enhances trading expertise through technology

bitbot We plan to bring technological innovations that will benefit traders. This project will use Knightsafe to provide a self-management solution. This solution helps mitigate common risks associated with Telegram transactions.

Additionally, a portion of the funds raised from the pre-sale will be used to develop anti-MEV and anti-lug solutions to help users protect their assets. These features allow traders to protect themselves from bots that artificially pump trading costs and block fraudulent projects.

Bitbot also offers highly flexible wallet management capabilities through non-custodial API technology. In terms of profitability, Bitbot will offer copy trading features to its users. This feature allows traders to copy transactions from their best-performing wallets based on on-chain activity.

Bitbot’s pre-sales exceed $900,000.

that much bitbot Currently, pre-sale is progressing rapidly in 5 stages. To date, the project has raised $943,475 of the $1,106,000 needed at this stage.

This latest milestone indicates that Bitbot is gaining the attention of investors within the cryptocurrency space. $BITBOT tokens are currently selling for $0.0122 in the pre-sale round and will increase to $0.0128 when round 6 begins.

The token economics of the project show that the Bitbot development team will hold 20% of the total token supply and use this to fund ongoing development. Additionally, 14% is allocated to marketing and CEX listings, and 3% is allocated to providing exchange liquidity.

Click here Learn more about Bitbot’s upcoming presale.

Can Bitbot be adopted at scale?

The cryptocurrency market is currently going strong, with over $2.5 trillion currently in circulation. This means that the trading volume in the market has increased due to more traders entering the market.

In this reality, the following tools are bitbot The increased transaction volume will lead to mass adoption in the market. With the right level of adoption, BITBOT could become the biggest winner in the market. As the volume of transactions in the market increases, the launch of BITBOT’s features and solutions may lead to a surge in adoption.