Key takeaways
- Bitcoin continues to struggle below $62k and could plunge lower in the short term.
- Bitbot has raised $3.3m so far, with only two stages of the presale left.
Bitcoin stays below $62k
Bitcoin, the digital currency, has been stuck in a rut and going through tough times for the past couple of weeks. If the present market scenario remains the same, there might be more losses. As of press time, the Bitcoin price is at $61,254, which means it fell by more than 5% in the last seven days.
This glum performance follows the Fed’s recent raising of hopes of a fast-track interest rate reduction. Thanks to high interest rates, safe-collected investments cannot outperform as expected.
What is Bitbot?
In the crypto space, however, the prices of Bitcoin have minimal impact on the broader coin space. The lackluster price performance of Bitcoin still struggling around does not change how the cryptocurrency industry, on the whole, thrives. Degens and other members of the sector are still into airdrops and presales. Bitbot has become one of the few companies that have agitated for the support of investors in different parts of the world to tackle industry problems. In other words, the Web3 pilot will woo the traders with value addition. This Telegram trading bot makes you the administrator of your operations.
Bitbot has been illustrated in the teateam’s site paper as a self-service cold wallet, a Telegram bot that enables trading over Telegram. The self-service cold wallet trading bot is one of the elements of TelTelegram’s product. Through Telegram and the decentralized TelTelegram ecosystem, traders have an honest. Chance of diversifying away from platforms and toward their own profits. In turn, merchants can have access to portfolio extension options that are only available to institutional investors.
BitBitbot’sch targets retail tratradBitbot’siladers may find success.
Bitcoin still struggling around is still getting in and out of the market with the software solutions that Bitbot is issuing. As per their whitepaper, Bitbot plans to introduce a self-custody platform using Knightsafe. If you find it difficult to operate through the usual day trading on Telegram, this is the solution for you. Users may set up cryptocurrencies to be operated separately by both anti-MEV and anti-rug systems. Traders’ interests against assets that are artificially augmented trading costs and the stop of deceitful operations when these solutions are installed.
Incorporating Ultra-flexible wallet management supported by non-custodial API technology will be among some of the $3.3 million raised from the presale to date. Finally, Bitbot will turn on the Copy Trading feature, which gives inexperienced traders skills to copy the actions of the top-performing wallets through on-chain interactions.
BitBitbot’sesale tops $3.3m
At this juncture, the Bitbot presale inches towards the close of its ninth stage. Nevertheless, the project has already raised $3,546,000 out of $3,337,931, the project’s earlier raised amount. The company also said there are only two stages of the presale left. One $BITBOT token is currently priced at $0.0180 during the presale, yet that amount will increase to $0.0189 when the next round of selling comes. Testing will make it clear. The development team of Bitbot will operate 20% of the token supply to give them the finances for further development (the whitepaper’s version had suggested it). Exchange liquidity provisioning will get 3% of the funds, while mar, marketing, and listings at CEX will bring in 14%.
Should you buy the Bitbot token now?
Only two presale stages remain, eliminating the option to invest early in this project. Despite the market’s ups and downs, BitBitbot’s presale is attracting more investors. Besides, Bitbot aims to enable traders to use new methods to improve their trading experience and achieve greater market penetration. With the right acceptance, its proprietary coin can be one of the biggest winners in the coming months and years.
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