The cryptocurrency market is witnessing a shift in the demand for Telegram trading bots, as Unibot, one of the most popular platforms in this segment, faces a massive sell-off and security breaches. Meanwhile, Bitbot, a new and innovative Telegram bot that offers self-custody and enhanced security features, is gaining traction among investors who seek a safer and more convenient way to trade crypto assets.
What is Unibot and why is it losing value?
Unibot is a Telegram bot that allows users to trade various cryptocurrencies on the decentralized exchange Uniswap. Unibot claims to provide a fast and easy way to snipe new tokens, set limit orders, and access market data. Unibot also has its own native token, UNIBOT, which is used to pay for fees and access premium features.
However, Unibot has been facing several challenges that have negatively affected its reputation and token value. In October 2023, Unibot was hacked by an attacker who exploited a new contract deployed by the platform and stole over $560,000 worth of memecoins from users. Unibot acknowledged the breach and promised to compensate the affected users, but the incident raised serious doubts about the platform’s security and reliability.
Moreover, Unibot has been experiencing a continuous sell-off by its token holders, who are losing confidence in the project and its future prospects. According to data from CoinGecko, UNIBOT has dropped by more than 40% in the past week, from over $100 to around $55. The sell-off was fueled by the announcement of Unibot’s expansion to the Solana ecosystem and the introduction of a new token, UNISOL, which will accrue revenue in the form of Solana’s SOL tokens. Many UNIBOT holders felt betrayed by this decision, as they feared that UNISOL would dilute the value and utility of UNIBOT.
What is Bitbot and why is it gaining popularity?
Bitbot is a new Telegram bot that aims to revolutionize the market for Telegram trading bots by offering a self-custodial and secure solution. Bitbot is the first Telegram bot that allows users to keep full ownership and control of their funds until the trades are completed, without relying on a third-party or a centralized exchange. This feature is made possible by Bitbot’s partnership with KnightSafe, a self-custody wallet solution that enables the use of dApps while safeguarding user assets.
Bitbot also boasts a user-friendly and intuitive interface, which makes trading crypto assets on Telegram a breeze. Users can create up to three free wallets with one click, connect to various decentralized exchanges, and execute simple or complex orders with ease. Bitbot also offers advanced features such as anti-MEV and anti-rug solutions, which aim to protect user assets from malicious bots and scams.
Bitbot has its own native utility token, BITBOT, which is used to pay for fees, access premium features, and participate in the platform’s governance. Bitbot launched its presale on January 17, 2024, and raised an impressive $300,000 in the first 72 hours. The presale is still ongoing and offers 300 million tokens across 15 stages, with the current price at $0.011. Bitbot promises to be a lucrative opportunity for early investors, as the token is expected to increase in value once it is listed on exchanges.
How to join the Bitbot presale and benefit from its features?
Bitbot’s presale is open to anyone who wants to join the platform and enjoy its features. To participate, users need to follow these simple steps:
- Join the Bitbot Telegram group and channel.
- Start a conversation with the Bitbot bot and follow the instructions.
- Send ETH to the Bitbot presale address and receive BITBOT tokens in return.
- Enjoy the benefits of Bitbot’s self-custodial and secure Telegram trading bot.
The presale is currently in stage 3, which means that the token price is still low and the potential returns are high. However, the presale will not last forever, and the token price will increase with each stage. Therefore, interested investors should act fast and join the presale before it ends.
Bitbot is a groundbreaking project that aims to redefine the market for Telegram trading bots by offering a self-custodial and secure solution. Bitbot is gaining popularity among investors who seek a safer and more convenient way to trade crypto assets, while Unibot is losing value and trust due to its sell-off and security issues. Bitbot’s presale is a unique opportunity to join the platform and benefit from its features, but it will not last long. Therefore, investors should hurry and join the presale before it moonshots.
Leo Frost, the visionary founder and senior content writer at Crypto Quill, brings a wealth of expertise and creativity to the world of cryptocurrency. With a passion for blockchain technology and digital assets, Leo’s insightful articles captivate readers, offering valuable insights into the evolving landscape of crypto. As a seasoned writer and industry pioneer, Leo is committed to delivering engaging content that educates and inspires audiences worldwide.
