Home
News
The recent Bitcoin halving event has all eyes on crypto markets. BNB, one of the largest altcoins in terms of market cap, is regularly seen as a robust crypto investment. Yet, the BNB price has been wavering in recent weeks following a surge in growth earlier this year.
Against that backdrop, another exchange/trading platform affiliated token, Bitbot, is attracting enormous attention during its fast-selling presale. It has already raised $3.2m and is currently in stage 13 and priced at $0.018.
Here’s more on why Bitbot is such an attractive crypto investment this year and could eclipse BNB price gains when it launches.
BNB price stagnates after early year rally
The BNB price experienced a massive surge in Q1 2024, almost doubling from its 1st January price of $312.39.
While overall market forces helped boost the BNB price early this year, new developments like Binance’s pioneering tokenized stock trading program also helped. This new initiative allows users to purchase fractions of company shares. It began with Tesla and opening up stock ownership to a new audience.
However, this bullishness seems to have waned somewhat. While BNB has been one of 2024’s big winners, investors have questioned BNB’s long-term appeal. It presents a gap for a project like Bitbot.
Why is Bitbot seen as a top crypto investment opportunity?
The Telegram bot market is hovering around the $1 billion mark when writing. Banana Gun, Unibot, and a variety of AI-powered tokens lead it. Bitbot has launched into this fast-growing market with over 106 million lifetime trades. It currently averages over 400k trades per day.
At the heart of Bitbot’s value proposition are its advanced AI tools. For instance, the Gem Scanner tool uses pioneering proprietary AI technology to uncover bargain-priced crypto gems and high-potential presale opportunities. In addition, the copy trading feature allows newbies to emulate successful trades from experienced users, learning as they turn profits.
Bitbot is the sector’s first non-custodial security solution in partnership with renowned cybersecurity firm Knightsafe. Bitbot’s commitment to user security is demonstrated by its “not your keys, not your crypto” ethos. It removes the need for third-party involvement in transactions when trades are executed.
Users have access to market-leading trading features while retaining complete control over their digital assets as trades play out. Those features eclipse the likes of Banana Gun in conjunction with its superior security solution.
Recent blog posts on Medium outline the superb range of trading features. Bitbot’s commitment to removing security concerns – such as the one surrounding Banana Gun losing 90% of its value after a bug was discovered in its contract – and outstanding market insights make it an exceptional crypto investment opportunity this year. Bitbot’s price performance could eclipse any rise in the BNB price as the year plays out.
What is Bitbot’s price potential?
Analysts are excitedly examining the potential of Bitbot during its presale. They are assessing the performance of other industry players. That assessment helps understand how high Bitbot could rise in the coming weeks and months once the presale concludes.
For instance, Banana Gun launched in September 2023 at $9.9. It is now trading at around the $30 barrier at press time, an increase of around 175%. However, the BANANA token broke the $50 milestone at the beginning of April 2024. It generated 80x for presale investors, illustrating the potential that Bitbot could reach.
At its height, Banana Gun hit a $133 million market cap just over six months after its launch. Thus, it further demonstrated the rich potential of the Telegram trading bot market.
Meanwhile, another trading bot, Unibot, experienced an incredible surge upon release. It surged from its June 16, 2023, launch price of $17.562 to a peak of $219.90. Its price surged precisely two months later as it built a $200 million-plus market cap.
Unibot’s price has plummeted below its launch price to its level, at press time, of around $15. That dip has been fueled by the loss of over $500k of user funds through a security breach. Bitbot’s remarkable security-focused solution directly addresses these points of vulnerability to offer investors greater longevity potential.
This commitment to security without compromising the trading experience makes Bitbot one of the leading crypto investment opportunities in 2024. This rich growth potential has led to analysts forecasting 50x-100x returns by the end of 2024.
Can Bitbot eclipse BNB’s price performance this year?
While the BNB price wavers, following incredible early growth in the first quarter of 2024, experts are awaiting the outcome of the Bitcoin halving event to see if BNB will surge.
Meanwhile, Bitbot investors have fewer concerns as the presale sells out rapidly. Bitbot holders will have a share of up to 50% of transaction fees. Now, there’s no question that Bitbot is one of this year’s best crypto investment opportunities.
So, if you’re looking for an exciting, innovative crypto investment this year, look no further than Bitbot. Don’t let FOMO win; get your Bitbot coins today.
To learn more and purchase BITBOT tokens, visit the official website.
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
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.
