Key takeaways
BTC continues to wrestle beneath the $64k degree forward of the Bitcoin halving occasion in two days.
Bitbot’s presale is now above $2.5 million.
Bitcoin stays beneath $64k forward of halving
Bitcoin has been struggling in latest weeks and will file additional losses if the market situation persists. At press time, the value of Bitcoin stands at $63,030, up by lower than 1% within the final 24 hours.
The poor efficiency comes forward of the Bitcoin halving occasion in two days. The Bitcoin halving will see Bitcoin mining rewards slash by 50% from 6.25 BTC per block to three.125 BTC.
Traditionally, the halving occasion leads to an enormous surge in Bitcoin’s value. Nevertheless, it stays unclear how Bitcoin will carry out within the close to time period.
What’s Bitbot?
Whereas Bitcoin and different main altcoins proceed to underperform, some presales are producing file funding from traders. Bitbot is among the tasks that’s elevating capital from traders to deal with sure ache factors out there.
Bitbot is a Web3 venture that’s set to carry distinctive worth propositions to merchants within the cryptocurrency house. It’s a Telegram buying and selling bot that places the facility within the arms of the consumer.
The venture describes its product as a self-custodial buying and selling bot that permits customers to commerce by way of their chilly wallets on Telegram. Bitbot supplies merchants with an revolutionary manner of buying and selling and is leveraging Telegram’s place as a number one social media platform for crypto customers.
It’s set to supply customers with high-end options to assist merchants develop their buying and selling portfolios. The best degree of adoption might see Bitbot turn into one of the extensively used instruments by cryptocurrency merchants.
Bitbot’s tech might enhance buying and selling possibilities
To enhance the buying and selling possibilities of its customers, Bitbot will probably be introducing a variety of tech improvements. Per their whitepaper. Bitbot will leverage the Knightsafe to supply a self-custody resolution. This resolution helps in mitigating the everyday dangers related to Telegram buying and selling.
The staff is at the moment growing anti-MEV and anti-rug options to assist customers shield their belongings. With these options, merchants can shield themselves from bots artificially pumping transaction prices and block rip-off tasks.
Among the funds generated from the presale may even be used to combine Extremely-flexible pockets administration fuelled by non-custodial API know-how.
The copy-trading function will allow merchants to repeat the trades of the strongest-performing wallets primarily based on on-chain actions.
Bitbot’s presale hits $2.5m
The Bitbot presale is now in its tenth stage and is now transferring swiftly. Up to now, the venture has raised $2,506,930 of the required $2,518,000 on this present stage.
Bitbot continues to lift funds from traders regardless of the poor market situations. The $BITBOT token goes for $0.0155 within the present presale spherical and can improve to $0.0163 as soon as the eleventh spherical commences.
The whitepaper indicated that the Bitbot improvement staff will maintain 20% of the overall token provide and can use it to fund ongoing improvement. Moreover, 14% is allotted to advertising and marketing & CEX listings whereas 3% is allotted to trade liquidity provision.
Click on right here to learn extra about Bitbot’s upcoming presale.
Must you purchase the Bitbot token now?
Whereas the crypto market has been underperforming in latest weeks, Bitbot’s presale continues to draw extra traders. The venture seeks to reap the benefits of the rising buying and selling quantity out there to draw extra customers.
Bitbot is trying to achieve large adoption out there by providing distinctive applied sciences that will permit merchants to enhance their buying and selling actions. BITBOT might turn into one of many greatest winners on this cycle with the appropriate degree of adoption. As buying and selling quantity out there will increase, BITBOT might additionally see a surge in adoption if it rolls out its options and options.
