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Bitcoin might attain $150k in 2024: Tom Lee

The cryptocurrency market has been bullish since the begin of the yr, with Bitcoin touching the $50k stage for the first time since 2021. With the bulls at the moment in management, many imagine that BTC’s value might soar increased in the coming months.

FundStrat head of analysis Tom Lee is a kind of bullish analysts and he predicted that the main cryptocurrency might contact $150,000 earlier than the finish yr. If BTC’s value might triple in the coming months, this could possibly be a superb alternative for traders to purchase extra belongings.

One of the gems that might document large beneficial properties in the coming months and years is Bitbot. This undertaking will leverage the rising buying and selling quantity in the market to achieve large adoption.

What is Bitbot?

Before investing in the undertaking, it’s best to know what it’s and perceive the way it works. Bitbot is a Web3 undertaking that’s set to present wonderful companies to cryptocurrency merchants.

It is a Telegram buying and selling bot that grants customers entry to some thrilling options, easing their crypto buying and selling journey. Bitbot is a self-custodial buying and selling bot that permits customers to commerce by way of their chilly wallets on Telegram.

The undertaking gives a singular worth proposition to customers and traders. It will make the most of Telegram’s place as a number one social media platform for crypto customers.

According to the whitepaper, Bitbot will present customers with high-end options to assist them develop their buying and selling portfolios. These options are institutional-grade and can grant merchants entry to world-class buying and selling capabilities.

Bitbot will even leverage the rising buying and selling quantity in the cryptocurrency market to achieve large adoption in the coming months and years. More retail and institutional traders are coming into the market and Bitbot might present thrilling companies to them.

Bitbot’s tech-savvy method to buying and selling

As a software, Bitbot can be providing tech-savvy instruments to ease the buying and selling course of for its customers. The group is engaged on some instruments that might ease the buying and selling course of for its customers.

Per their whitepaper, safety is the major focus of the Bitbot software. The software will use Knightsafe to supply a self-custody answer, mitigating the typical dangers related to Telegram buying and selling.

In addition to that, a few of the funds raised from the presale rounds could be deployed in the direction of creating anti-MEV and anti-rug options for customers to shield their belongings. With these options, merchants can shield themselves from bots artificially pumping transaction prices and block rip-off initiatives.

Furthermore, Bitbot will make the most of ultra-flexible pockets administration powered by non-custodial API know-how to present an added layer of safety to the customers.

To assist the new merchants, Bitbot will even launch a duplicate buying and selling characteristic. With this characteristic, novice merchants can copy the trades of the strongest-performing wallets primarily based on on-chain actions.

Bitbot’s presale surpasses $650k

The Bitbot presale is now formally in the fourth stage and has already raised greater than $650k. At the second, the undertaking has raised $667k of the required $862k for this stage.

Bitbot continues to achieve adoption by traders as its presale is shifting quick. Currently, the $BITBOT token goes for $0.0116 however is ready to improve to $0.0122 as soon as the fifth spherical commences.

Per its tokenomics, the improvement group will maintain 20% of the whole token provide and can use it to fund ongoing improvement. Furthermore, 14% of the whole token provide is allotted to advertising & CEX listings whereas 3% is allotted to change liquidity provision.

Click here to learn extra about Bitbot’s upcoming presale.

Could Bitbot’s token be a winner this yr?

The crypto market is predicted to rally increased this yr and gems could possibly be the greatest winners. With the proper stage of adoption, Bitbot could possibly be considered one of the greatest winners in this bull cycle. The Bitcoin halving and different exterior elements might additionally assist push Bitbot’s value increased