• Buyers in AI tokens are driving up the costs of Render, Fetch.ai, and AGIX.
• This comes as market sentiment stays bullish forward of Nvidia's upcoming GTC AI convention.
• Bitbot, the brand new Telegram buying and selling bot, can be seeing energetic investor exercise, with pre-sales reaching $845,000.

After meme cash outperformed Shiba Inu, Dogwifat, and Pepe this week, the bogus intelligence-related token is presently flying round. In accordance with a market knowledgeable, the AI ​​token house is prone to obtain inspiration from his upcoming Nvidia GTC AI 2024 convention.

Meme cash additionally stay common, particularly as Bitcoin stays above $66,000. One other sizzling pattern out there this week is Bitbot (BITBOT), a brand new Telegram buying and selling bot that analysts predict might grow to be a 100x token in 2024. .

Fast rise in AI tokens proves Bitbot engaging

AI tokens Render (RNDR), Fetch.ai (FET), and SingularityNET (AGIX) are surging, with RNDR up 31%, FET 36%, and AGIX 28% up to now 24 hours.

look on chain share This knowledge highlights the proliferation of those tokens because the AI ​​narrative will get a brand new push forward of the upcoming NVIDIA GTC AI convention.

However whereas these tokens shine, very like the meme cash of latest weeks, one undertaking that’s making underground waves with the momentum to blow up is BITBOT.

Cryptocurrency merchants with early positions in Bitbot have to date allotted over $845,000 to BITBOT, the native utility and governance token of the Bitbot ecosystem. This causes Bitbot to roar in stage 4 of his 15 phases.

300 million BITBOT tokens up for grabs through the pre-sale. At the moment, every token prices simply $0.0116.

What’s Bitbot?

Bitbot is a brand new undertaking inside the more and more common phase of Telegram buying and selling bots. Though nonetheless in pre-sale, Bitbot is inflicting ripples throughout the market as a result of curiosity in its native token and upcoming app launch.

An enormous a part of this has to do with the truth that that is the world's first non-custodial buying and selling bot on Telegram. The implications of this are huge, particularly for crypto merchants who’ve witnessed safety incidents in latest months involving bots equivalent to Unibot, Banana Gun, and Maestro.

Bitbot lately supplied a product replace outlining the structure of its non-custodial buying and selling answer. This replace consists of an evidence of how bots leverage KnightSafe's self-custody expertise to make sure a safe buying and selling platform for customers.

And it's not simply this non-custodial function that makes Bitbot higher than rival Telegram bots. Anti-MEV and anti-lag instruments additional enhance consumer security.

Is the pre-sale a superb time to spend money on Bitbot?

As talked about earlier, Bitbot affords extra than simply one of the best institutional-grade buying and selling bot on Telegram. BITBOT might be an amazing funding alternative.

In comparison with present Telegram buying and selling bots, Bitbot affords unparalleled benefits to customers. This implies you could have the chance to benefit from a stage enjoying subject when it comes to entry to instruments whereas sustaining full management over the keys to your property.

Expectations are skyrocketing and BITBOT might be one of many tokens that explodes in 2024 as tokens are listed on exchanges and bots are delivered to market. For instance, taking a look at his 9,500% surge that Unibot noticed between his Might 2023 and his August 2023 solidifies this outlook. The undertaking’s token rose to $236 from a low of $2.46.

Nonetheless, the incident in October final 12 months contributed to the inventory worth decline inside the market. 100x efficiency is feasible with nice bots like Bitbot able to take over.

To study extra about Bitbot, take a look at this whitepaper.