Bitbot, a self-custodial trading bot, is set to launch its presale in a week. The project aims to simplify trading for users, particularly in the thriving cryptocurrency market. Bitcoin, the leading cryptocurrency, has been performing well, trading above $46k. The price of Bitcoin could potentially rise further if the US SEC approves the spot Bitcoin ETF applications.
Bitbot is designed to address the challenge of trading cryptocurrencies. It allows users to trade via their cold wallets on Telegram, a leading social media platform for crypto users. Bitbot offers a range of powerful features to help users grow their trading portfolios. The development team behind Bitbot has extensive experience in traditional finance and blockchain, which is crucial in delivering a product that combines innovation and security.
Bitbot’s technological innovations prioritize security. The team has partnered with Knightsafe to offer a self-custody solution, significantly reducing the risks associated with Telegram trading. Bitbot will also use part of the funds raised from its presale to develop anti-MEV and anti-rug solutions to protect users’ assets. The team is also working on a copy trading feature that would allow investors to copy the trades of the strongest performing wallets based on on-chain activities.
Bitbot’s presale is set to commence on January 17th, with a starting price of $0.0100. The total supply of Bitbot tokens is 1,000,000,000, with 30% of tokens to be sold in a presale across 8 stages. The development team aims to make Bitbot a billion-dollar market cap project, which could provide early $BITBOT holders with a genuine opportunity to make 100X gains.
2024 could be an exciting period for the crypto market, with the US SEC expected to approve a spot Bitcoin ETF soon and the Bitcoin halving event slated for April. These events could lead to massive growth for low-cap gems like Bitbot. The Bitbot team has earmarked $100k from the presale for a trading competition on the Bitbot website to encourage cryptocurrency trading.
Following the US SEC’s approval of spot Bitcoin ETFs, Bitwise, a major asset management player, has announced its intention to donate 10% of the profits from its recently approved Bitcoin ETF, BITB, to the development of Bitcoin’s open-source ecosystem. This move follows a similar commitment from VanEck, adding a new dimension to the intersection of traditional finance and cryptocurrency.
In a novel concept, Meme Moguls, a crypto platform, is integrating memes with trading. Positioned as the world’s first meme-backed stock market, Meme Moguls aims to leverage the power of memes for financial gains. The platform offers diverse meme-inspired assets, a trading platform, a fantasy trader game, a casino, and a metaverse world known as Mogul Land.
As the cryptocurrency market continues to witness innovative ventures, potential investors may ponder whether Meme Moguls (MGLS) is a worthy addition to their portfolios. The platform’s unique features contribute to its appeal. However, as with any investment, individuals are advised to conduct thorough research, considering the inherent risks associated with the cryptocurrency market.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 |
| Sentiment | positive |
| Relevance Score | 1 |
| People | None |
| Companies | VanEck, Bitwise, US Securities and Exchanges Commission, Meme Moguls, Human Rights Foundation |
| Currencies | Memecoin, bitbot, bitb, Bitcoin, TokenFi |
| Securities | None |
