Key Takeaways
- Bitcoin is buying and selling above $65,000 amid a broader market droop.
- Bitbot has launched a mini-app UI to simplify DeFi buying and selling for customers.
Bitcoin stays above $65,000 as market stagnates
Bitcoin, the highest cryptocurrency by market cap, has underperformed over the previous seven days, dropping greater than 3% in worth over the previous seven days and is at present buying and selling at over $65,000 per coin.
This poor efficiency comes as whales have offered greater than $1 billion value of Bitcoin in latest days. Altcoins have additionally carried out poorly in latest days, with the cryptocurrency's market capitalization now sitting under $2.4 trillion.
What’s Bitbot?
Whereas the cryptocurrency market remains to be within the technique of consolidating, new tasks proceed to roll out nice merchandise for customers. Bitbot is among the new tasks asserting thrilling services.
Bitbot The corporate has raised over $4 million from buyers and is utilizing the funds to launch its Telegram dealer product, a Web3 mission that goals to supply a singular worth proposition to merchants within the cryptocurrency house.
It’s a self-managed Telegram buying and selling bot that permits customers to commerce through a chilly pockets on the app. Bitbot customers have entry to sure options which might be solely accessible to institutional buyers, making it simpler for merchants to develop their buying and selling portfolio.
Bitbot unveils mini-app UI
The pre-sale has ended, Bitbot The corporate is targeted on launching its merchandise and itemizing its tokens on cryptocurrency exchanges.
Current X PublishThe Bitbot crew introduced a mini app UI as one of many options accessible at launch, which is constructed with user-friendliness at its core. This intuitive interface simplifies DeFi buying and selling and makes it accessible even for rookies.
Bitbot added that its clear, responsive and easy-to-navigate design permits all customers to benefit from Bitbot's options with out going through a steep studying curve.
The discharge of the mini app UI comes about two weeks after Bitbot introduced its staking characteristic, which permits customers who declare tokens by the bot to stake their tokens and earn aggressive annualized yields.
Bitbot can be engaged on different safety features reminiscent of Knightsafe, an answer that can mitigate frequent dangers related to Telegram transactions. The combination of anti-MEV and anti-lag options will permit customers to additional defend their property.
The crew additionally revealed {that a} portion of the funds raised from the presale has already been directed in direction of integrating ultra-flexible pockets administration leveraging non-custodial API expertise.
Bitbot raises over $4 million in presale
Bitbot’s presale was successful, with the crew elevating over $4 million. Along with creating the product, Bitbot We’re at present engaged on forming a crew, creating good contracts, constructing a group, selling advertising, and alpha testing.
As soon as these steps are full, the crew plans to record $BITBOT on cryptocurrency exchanges, adopted by partnerships with high influencers and the launch of a Telegram Bot.
In response to the whitepaper, the Bitbot improvement crew will retain 20% of the overall token provide to fund ongoing improvement, with an extra 14% allotted to advertising and CEX itemizing, and three% to offer liquidity on the trade.
Why ought to I purchase Bitbot Token?
The presale has ended and $BITBOT will solely be accessible to buy as soon as the tokens are launched on cryptocurrency exchanges. The itemizing value is troublesome to find out as tokens are inclined to cost volatility as soon as launched on cryptocurrency exchanges.
however, Bitbot Mass adoption is predicted as soon as the crew rolls out its services, and with the distinctive buying and selling options that Bitbot is trying to supply, the mission and its token might be a giant winner within the present bull cycle.
