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As Bitcoin surpasses the $70,000 barrier, industry experts are quickly revising their price predictions for cryptocurrencies in 2024. Among the new coins that are gaining great attention is the AI-supported cryptocurrency trading bot, Bitbot.
Currently in phase 5 of its presale, with an incredible liquidity already secured amounting to $995k, Bitbot is shaping up to be one of the best cryptocurrency presales of 2024, leveraging the massive growth within the trading bot and AI sectors – which have managed to reach market caps of over 1.3 billion dollars and 43 billion dollars respectively.
Bitbot stands out from its competitors for being the first trading bot on Telegram without custody, a position that will likely help it dominate the market and produce serious gains for anyone smart enough to support this gem before it becomes mainstream.
As analysts begin to make their predictions on cryptocurrency prices for 2024 and on this innovative token, this year investors residing in Italy could play a key role in pushing it towards the $1 barrier.
Summary
AI cryptocurrency trading bots and their flourishing market cap
The online communication giant Telegram has become one of the main hosting platforms for AI cryptocurrency trading bots, promoting expansion with over 8 billion dollars in trading volume recorded so far.
This growth was driven by Banana Gun and Unibot, with both platforms experiencing a surge in 2024 – a surge we will discuss later. However, it wasn’t all smooth sailing: both platforms suffered significant security breaches. In October 2023, Unibot experienced a breach that resulted in the loss of $560,000 in user funds, while the value of Banana Gun’s currency plummeted by over 90% following accusations of a “rug pull” that the platform later claimed was a bug in the contract.
Noticing this situation, the Bitbot team identified a gap in the market. By creating a bot for trading on Telegram that increases security, offering the first non-custodial security solution, Bitbot has what it takes to make the sector mainstream and welcome the type of long-term gains and investments that only innovative products can offer.
Bitbot’s plan to dominate the market: maximize security and simplify trading.
Bitbot and Knightsafe have joined forces to create a new pioneering era of security in the AI cryptocurrency trading bot sector. Its innovative non-custodial security protocol ensures users have total control of their assets until the completion of operations. By distributing users’ secure key codes among multiple parties, so that no single entity has complete control of a user’s key, the risks associated with centralized fund control are mitigated.
As the AI cryptocurrency sector continues to strengthen, almost doubling its market cap in a few months, Bitbot has aligned itself with this growing sector by incorporating AI trading tools such as automatic trading of undervalued gems.
The growth of the AI sector is not the only force that can excite a Bitbot investor. Bitbot is running a referral program that offers users a 15% lifetime share of trading fees generated by any referred user.
Sure, it is an opportunity for additional earnings, but above all a viral network of referrals within the Bitbot community. And it is precisely the community that will help increase the price at the time of launch and raise the value of the BITBOT token in the long term.
Furthermore, all BITBOT token holders will be treated with a revenue sharing model that will allow them to benefit from a 50/50 split of the platform’s trading fees, thus positioning Bitbot to be a revenue engine both in the short and long term.
Bitbot price predictions for 2024
The trading bot sector on Telegram has seen huge growth in 2024, despite security breaches affecting Banana Gun and Unibot. For example, Banana Gun, according to CoinMarketCap, has grown by about 112% in the last 30 days and recently reached a new ATH of $39.36, despite a rocky start. In comparison, Unibot was priced at $41.03 at the time of writing this article, with an overall increase of 129% compared to the launch price, and its market cap was $40 million. Their performance illustrates the rich potential that Bitbot has to become a market leader. Given that Bitbot has greater security guaranteed by these two projects, there is reason to believe that, in the long term, it could take market share from all competitors and create gains of 50 times and more for holders of its token.
Furthermore, Bitbot’s price prediction is reinforced by the fact that Bitcoin reached its all-time high on March 11, the upcoming halving event of Bitcoin itself, and the success of Bitcoin ETF adoption. Since history shows that cryptocurrency markets usually follow Bitcoin, the launch of Bitbot’s ICO could not have come at a better time.
With a wide range of exceptional trading tools designed to simplify the trading experience and maximize user profitability, Bitbot offers a safe and secure environment for traders of all skill levels to thrive. Furthermore, considering the excellent performance of Banana Gun and Unibot, Bitbot could easily reach 100 percent once listed on public exchanges, surpassing the $1 barrier.
Don’t miss out on the best cryptocurrency AI opportunity of the year
Thanks to its custody-free security solution, Bitbot is significantly improving what its competitors are doing and is creating a tool that will likely open up the market for trading bots on Telegram and AI to a world of new investments. This is the type of investment that will take Bitbot from being a little-known gem to a industry giant that rewards early investors handsomely.
The ICO is currently in phase 5, with tokens priced at just $0.0122 each.
Time is running out, there are still gains equal to 63.93% to be seized before the end of the presale and the token is available at this discounted price only until stocks last, which means that the window of opportunity for Italian investors to get their hands on this AI gem is quickly approaching a close.
So, don’t let FOMO win; get your BITBOT tokens today.
To learn more and purchase BITBOT tokens, visit the official website.
*This article has been paid for. Cryptonomist did not write the article nor test the platform.
