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As Ethereum experiences significant price shifts following the transformative Dencun upgrade, a new crypto in the trading bot space is gaining attention. Bitbot, a non-custodial AI trading bot, has already raised a huge $2.7m as of stage 11 of its red-hot presale. It promises to revolutionize the market with cutting-edge AI trading technology, offering substantial returns for early investors.
Ethereum’s Dencun upgrade: A pivotal advancement
ETH price predictions looked strong following the network undergoing a significant transformation with the Dencun upgrade recently. This upgrade aims to reduce transaction fees and enhance network scalability. Dencun represents a leap forward in Ethereum’s capability to handle increased transaction volumes and complex applications, and caused the ETH price to clear $4k.
investor confidence in ETH is high despite some whales dumping the crypto and the ongoing crisis in the Middle East.
For platforms like the new crypto Bitbot, which will rely on Ethereum’s infrastructure for blockchain transactions and smart contracts, the Dencun upgrade is good news. As Ethereum evolves – Bitbot and the BITBOT token price – will likely benefit from the enhanced activity and bullishness for Ethereum, growing Bitbot’s audience.
Bitbot’s strategic edge is what’s catching investors’ eyes
Bitbot stands out thanks to its innovative approach to crypto trading. As a Telegram trading bot, it functions within the popular messaging app. As the first non-custodial AI trading bot on the market, Bitbot offers unprecedented security by allowing users to maintain full control over their private keys and funds until trades settle.
This feature addresses a critical vulnerability in Telegram trading bots: the exposure of private keys can lead to security breaches and financial losses. Many of Bitbot’s competitors learned this the hard way.
Bitbot also harnesses advanced AI, including a sniping tool and a Gem Scanner, to empower traders to precisely identify undervalued assets and promising presale opportunities.
These two features are golden tickets to Bitbot dominating the market; they immediately make crypto trading less intimidating by offering frictionless paths to easy decision-making and the security the masses have been crying out for.
The tech developments that BITBOT investors are excited about
Bitbot will only become more powerful over time. A prime example is the recent strategic partnerships with leading data platforms like Dex Screener and DexView. These collaborations will transform how Bitbot users access and utilize market intelligence by integrating critical insights into a user-friendly interface, ensuring that traders have the essential information for informed decision-making.
Bitbot is also set to expand its reach significantly by introducing cross-chain functionality that includes networks such as Solana, Base, BSC, and Ethereum mainnet. This enhancement will allow users to seamlessly explore and trade across different blockchain ecosystems, vastly broadening the scope of trading possibilities.
Coupled with its aforementioned advanced security and AI trading power, these planned developments lay a solid foundation for growth and stability. Similar to ETH’s price gains around the Dencun upgrade, these technological advancements will likely help boost the BITBOT price long term.
Bitbot’s price prediction and future outlook
At press time, competitors like Banana Gun’s BANANA tokens are selling for around $30, roughly 200% up from their listing price of $9.93. Investors lucky enough to get in during Banana Gun’s presale paid just $0.65 per token, netting an 80x return for those who sold at BANANA’s all-time-high of $50+ in early April.
Analysts are optimistic about Bitbot’s market prospects, forecasting a potential 100x increase in its value later in the year — much higher than even the most optimistic ETH price prediction. This prediction is grounded in the increasing demand for advanced trading bots, which have done well, despite hacks, bugs, and rumors of rug pulls. A prime example is Banana Gun, which is currently performing well despite losing 90%+ of its value upon launch due to a suspected security failure.
With the bull run just getting started and the Telegram trading bot sector experiencing remarkable growth, going from less than 10k daily users 6 months ago to +10x that number recently, the timing couldn’t be better for those looking to secure their tokens at the highly discounted price of $0.0163.
Is Bitbot the best investment available right now?
The future looks exceptionally promising for Bitbot as it continues to leverage cutting-edge AI technology to enhance its offerings. With a strong emphasis on security, user control, and advanced trading capabilities, Bitbot is geared to capitalize on current market conditions. It is equipped to be the trading platform of choice as crypto becomes more mainstream.
For BITBOT token holders, today is a golden opportunity to be first-movers on the next industry-shifting technology.
To learn more and purchase BITBOT tokens, visit the official website.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
