Sunday, 3 March 2024

Crypto News

Bitbot presale officially launches, raises $27k in minutes

Bitbot presale officially launches, raises $27k in minutes

Key takeaways

  • The Bitbot presale officially launched a few hours ago, giving investors to purchase the tokens at a discount price

  • The presale has so far raised more than $25,000 within minutes. 

The cryptocurrency market has underperformed since spot Bitcoin ETFs were launched in the United States. However, the Bitbot presale has launched, granting investors an early chance to purchase the tokens at a discount. 

Bitbot’s presale commences

The cryptocurrency market has been trading sideways since the spot Bitcoin ETFs were approved a week ago. Bitcoin’s price continues to trade sub $43k, with other altcoins also underperforming.

However, trading volume in the market continues to be strong, with more investors entering the space. With that happening, the Bitbot presale officially commenced today.

Bitbot, a Telegram bot, could become a disruptive force, offering a self-custodial trading solution on Telegram. The Bitbot token presale introduces a new wave of excitement and investment opportunities.

According to the development team, Bitbot has a total supply of 1,000,000,000 tokens. The presale will be in eight stages and 30% of the total token supply will be distributed during this period. 

Furthermore, another 20% of the tokens are allocated to the Bitbot development team to fund ongoing innovation, ensuring long-term utility.

Bitbot promises to offer users a wide range of powerful features to help them grow their trading portfolios. The bot features an ultra-flexible wallet management, powered by MPC custodial API technology, making it a unique trading bot. 

Bitbot’s MPC system is far superior to the private keys that are common in the space. The MPC uses individual key shares, boosting privacy and accuracy for the users. 

The trading bot also leverages Knightsafe, its custody partner, to add an extra layer of security, thanks to its open-source and decentralized digital asset self-custody service.

Finally, Bitbot will also use part of the funds raised from the various presale stages to develop anti-MEV and anti-rug solutions for users to protect their assets.

Bitbot presale raises $27k in minutes

The Bitbot presale officially launched a few minutes ago and the project has raised more than $27,000 so far. This represents more than 10% of the funds required in the first presale stage.

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