With crypto prices surging across the board, it’s no surprise that Ethereum crossed the $4k mark. However, overoptimism has led to ETH prices pulling back, diverting attention to Bitbot’s crypto presale.
With a plan to become the leading Telegram trading bot, it’s already attracted over $2.1m in backing. Dive in to uncover what Ethereum price predictions have in store for the year and why Bitbot’s crypto presale could be the key to eye-popping gains.
Ethereum spikes to $4k and quickly tumbles
Kicking off the year at about $2,300, it surged to an impressive high of roughly $4,000 by March 12th. Then Ethereum took a bit of a tumble, landing at around $3,200—a slide of just over 20%.
In the grand scheme of things, Ethereum’s recent dip appears to be a healthy correction before it embarks on its next rally. Should the stars align, Ethereum price predictions suggest a climb to new all-time highs, potentially reaching or surpassing $5,000. Some enthusiasts and analysts across the web are even betting on a leap to about $6,500.
However, Ethereum price predictions see a bit more downward action for now, with ETH possibly finding its footing again in its previous strong base in the $2,200-$2,600 range. Amid Ethereum’s temporary retreat, investors highlight the Bitbot crypto presale, seeing it as a promising haven for exponential gains. Especially in the face of recent dips from the likes of Ethereum.
Why are investors so excited about Bitbot?
Bitbot is the newest entrant in the Telegram trading bot arena, one of crypto’s fastest-growing sectors. This market has been on a roll, with volumes growing exponentially from $3.2 billion in late September to $13.5 billion by mid-March. March 18th saw the biggest single-day volume, with $700 million transacted.
However, this sector hasn’t been without its hiccups. Due to their custody of users’ funds, major players like Maestro and Unibot have seen over $1 million stolen by hackers.
Realizing this, Bitbot is set to launch as the world’s first non-custodial trading bot, meaning users’ assets remain securely in their wallets until trades are executed. Partnering with KnightSafe, a decentralized self-custody solution protecting over $28 million, Bitbot is doubling down on security with anti-MEV and anti-rug pull technologies for maximum peace of mind.
This security approach alone sets Bitbot and its BITBOT token up nicely to dominate a market that, up until now, has likely missed out on millions of dollars due to a lack of confidence in its ability to secure user funds.
On the product side, Bitbot is no slouch. It takes the best bits from existing bots and kicks them up a notch. Users can snipe trades with extreme precision thanks to an AI-powered Alpha list that points to projects ready to pump.
This provision of institutional-grade trading power in an easy-to-use manner also bodes well for the BITBOT token. Now thousands more investors can be onboarded, growing Bitbot’s market share and likely growing the Telegram trading bot market at the same time by making it seem less intimidating.
Plus, a revenue-sharing program dishes out up to 50% of the platform’s daily revenues to BITBOT holders, and a referral scheme sweetens the deal with a 15% lifetime reward from new recruits’ trades.
Those last two features are set to be additional drivers of gains for the BITBOT token – both long and short-term. The revenue share speaks for itself, and the referral scheme is a great way to build a strong and loyal community – a key driver of token pumps.
The BITBOT token’s price appreciation potential in 2024
With these dynamite features, Bitbot is well-positioned to set a new standard in the Telegram trading bot market, likely creating tremendous gains for its crypto presale investors. Right now, Bitbot is worth $0.0148 in stage 9 of its 15-stage presale, having raised $2.1m from thousands of investors. For those who get involved today, 35.14% token price growth remains before Bitbot’s final presale price of $0.02.
Despite a serious bug in the contract that led to allegations of a rug pull, Banana Gun, a market leader, recently hit a new all-time high of $40.22. This marked an increase of more than triple since the start of the year and a staggering 60x+ from its early crypto presale price.
Another coin doing well in the overall crypto market, Cronos, has shot up by around 50% this past month. While CRO isn’t a Telegram trading bot, it is the native token for Crypto.com, the crypto trading platform.
Even though both Banana Gun and Cronos are doing well under current market conditions, both are outside of their presale phase, which is usually the most profitable time to invest in a cryptocurrency.
Given Bitbot’s emphasis on security, enhanced utility, and its range of profit-making opportunities – and the fact that it is still in its presale – it could give Banana Gun and Cronos a run for their money in 2024. Considering Banana Gun and Cronos’ impressive recovery, it’s certainly possible that Bitbot could see a 20-50x surge from its final presale price this year.
Ethereum price predictions point to bullishness, but Bitbot’s crypto presale looks better
As Ethereum takes a breather, Bitbot’s momentum is only getting stronger, backed by a solid social media following with over 21k in the Telegram community and 110k+ Twitter followers. However, the clock’s ticking—the Bitbot crypto presale won’t be around forever, and the rate of investment is growing fast.
Jumping in at today’s prices may spell serious profits when Bitbot hits exchanges later this year and likely dominates what looks like a still highly undervalued Telegram trading bot scene.
To learn more and purchase BITBOT tokens, visit the official website.
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