Which Cryptocurrency Will Expand At The Highest Rate In 2024—Bitbot Or Sol Trading Bot?
Because of the anticipated April Bitcoin halving, many speculators predict a new bull run in 2024. As the Sol trading bot picks up steam, this has prompted a lot of traders to check at Solana price...
Because of the anticipated April Bitcoin halving, many speculators predict a new bull run in 2024. As the Sol trading bot picks up steam, this has prompted a lot of traders to check at Solana price projections. But at stage 4 of its presale phase, another trading bot with substantial promise has already raised $640k. By 2024, Bitbot, a trading bot on Telegram, is expected to grow at one of the quickest rates among all coins. Continue reading to learn why.
Bitbot enhancing the security of the Telegram trading bot industry
According to Dune Analytics, Telegram trading bot activity increased beyond $30 million in February 2024. CoinMarketCap reports that the bots’ entire market capitalization reached nearly $400 million. These bots use Telegram, which has 800 million members, as a central location for information sharing. Leading the charge in automating trade procedures on the privacy-focused platform are Banana Gun, Maestro, and Unibot.
But these bots’ explosive growth was accompanied by a series of security lapses. Significant hacks were reported by Cointelegraph, including the $560k loss suffered by Unibot, the $485k breach that affected Maestro, and the disastrous rug pull that destroyed over 90% of Banana Gun’s value in an hour.
To mitigate these dangers, Bitbot, a non-custodial solution that aims to transform Telegram trading bots, is here. By keeping their cryptocurrency assets in their own cold wallets and transmitting money only after trades are finished, Bitbot customers may maintain control over their holdings. In partnership with KnightSafe, Bitbot takes on the security issues that are destroying the sector.
Bitbot employs a novel strategy by creating unique key shares that are dispersed among several parties using KnightSafe’s cutting-edge custody technology. This ensures that no one party has access to a user’s whole security key. This creative method protects against data breaches and unauthorised access.
Bitbot continues after that. With strong anti-MEV safeguards, it shields consumers from fraudulent schemes and stops rogue bots from stealing money from Bitbot users. Anti-drug pull methods also prevent any effort to falsify investor funds.
What else is provided by Bitbot?
In addition to improved security, Bitbot offers cryptocurrency traders a multitude of services. Bitbot token owners have first dibs on low-cap gems before they pump thanks to exclusive access to a members-only alpha list.
After sifting through hundreds of ongoing presales, the gem scanner presents the most promising ventures with the best chance of success. Because the greatest returns are usually obtained from early project investment, this is an extremely effective instrument.
But let’s say you’re new to trading and require assistance. The copy trade feature, which allows you to emulate the trading strategies of the most successful Bitbot community members, may then be advantageous.
Which trading bot—Bitbot or Sol—is more suitable for 2024?
Sol Trading Bot executes trader strategies by automating the purchase and sale of digital assets. Because Sol Trading Bot primarily concentrates on integrating with Solana platforms, it is not as good as Bitbot. The user base that Bitbot will access on Telegram is far larger than those of these DEXs. Because of this, Bitbot has a significant advantage and can expand much more quickly and rapidly.
As of this writing, the Sol Trading Bot (STBOT) has lost 53 percent of its trading volume during the last week, with a market valuation of just $1.77 million. In contrast, Bitbot, which has raised $640k in just four stages and has 15 total presale rounds, is very much on the rise.
Bitbot vs. Solana: 2024 Price Forecasts
Despite its current difficulties, investors still see Solana as a project with a lot of potential because of its large market capitalization in 2024. In addition, Solana wants to broaden its ecosystem in order to stay up with the other cryptocurrency platforms’ explosive expansion.
According to analysts’ projections, if the Bitcoin halving event sparks a bull run, the price of Solana may rise beyond $120 and could even reach $150.
Bitbot has greater promise for the year than Solana, despite the latter’s encouraging trajectory. Bitbot began its cryptocurrency presale on January 17, 2024, at $0.0100, and since then, interest in its non-custodial trading bot solution has grown significantly. With the impressive results of previous trading bots serving as inspiration, investors are placing their money on Bitbot to generate substantial profits.
For example, in just a few months, Unibot, a well-known Telegram trading bot, increased by around 1500% to $212.48. At the time of writing, Bitbot’s market capitalization was getting close to $53 million, while Unibot aims to reach comparable heights.
Banana Gun, on the other hand, is gradually increasing in value from its lowest point after a possible rug pull; at present, it has a market capitalization of more than $47 million.
In 2024, Bitbot’s expanding initiative stands out because to its superior offering, especially in light of the potential of Telegram trading bots. Analysts predict that Bitbot, which has more over 100,000 X followers, might provide early-stage investor returns of up to 100 times during the upcoming bull cycle.
Is Bitbot 2024’s biggest opportunity?
Set apart from Solana Trading Bot by having more robust security measures, Bitbot not only becomes the industry’s best option for investments but also has the potential to become the greatest Telegram bot by 2024.
Like Banana Gun’s and Unibot’s incredible profits for early presale participants, Bitbot has a lot of promise, as evidenced by its cautious 100x return projection. Take advantage of the chance to invest early in 2024 if you’re looking for a rapidly expanding cryptocurrency, as there are just 11 stages remaining in the 15-stage presale. Ten percent has already been added to the price, and Bitbot will never again see these figures.
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