How Injective’s Huge Surge Spells Bright Future for Bitbot

| Updated
by Andy Watson · 7 min read
How Injective’s Huge Surge Spells Bright Future for Bitbot
Photo: Bitbot

The Bitbot presale is designed in such a way that earlier investors will be rewarded by token price increases starting from $0.01 during stage 1 to $0.02 by stage 15.

Investment in Web3 and decentralized finance (DeFi) is coming back in a big way in 2024, as evidenced by the performance of Injective Protocol over the past several months. Last December 2023, Injective prices surged even as other altcoins plummeted. INJ token prices rose from $7.49 in October 2023 to $45.10 in January 2024, making it one of the biggest gainers in the past 12 months. Entering 2024, Injective will play a key role in the resurgence of DeFi, spelling a bright future for a new project currently in its presale phase.

DeFi is, after all, set to grow to a $26.1 billion industry in 2024, according to recent research published in Statista. That makes investing in projects positioned to capitalize on the upcoming boom a move to strongly consider. And as with any gold rush, the money is in selling the picks and shovels arising from the demand from intensified DeFi activity. That’s where Bitbot comes in – in a BIG way.

Bitbot, the first and only non-custodial Telegram trading bot featuring institutional-grade security from KnightSafe, is positioned to become one of the best-performing cryptos of the year. The partnership with KnightSafe introduces an element of security never seen before in the Telegram app market by allowing Bitbot users to trade directly from their cold wallets. No other Telegram trading bot does the same thing – not even the current market leaders.

Having already raised a robust $383k within 2 weeks of launching, Bitbot is selling out rapidly and peaking at the right time. The Telegram trading bot’s social media channels are buzzing with over 6,000 Telegram users and over 100,000 followers on Twitter as of this writing.

Bitbot’s discounted price of just $0.0105 gives prospective investors an ideal entry point. With token price increases scheduled for each of its 15 presale stages, early investors will already be sitting on gains even before the project launches.

What Is Injective?

Injective (INJ) is an open-source, interoperable Layer-1 blockchain cross-chain protocol designed for building robust decentralized finance (DeFi) applications. Its infrastructure is designed to provide “plug-and-play” functionality for developers to create and launch full-featured Web3 DeFi apps easily. The protocol is built synergistically with widely-used L1 networks, such as Ethereum, Solana, and Cosmos, drastically expanding the reach of DeFi. Users will be able to trade anything from traditional cryptocurrencies, NFTs, and fiat currencies, to complex, synthetic, and real-world assets. Not surprisingly, Injective’s meteoric rise to prominence foreshadows the resurgence of DeFi ahead of the next Bitcoin halving and likely bull run cycle. With DeFi expected to generate revenues of $26 billion in 2024, Injective will play a major role in giving rise to DeFi – and the next generation of DeFi tools like Bitbot.

What Is Bitbot?

Bitbot is on the verge of a major breakout in 2024 as DeFi prepares to make a grand comeback. Bitbot, whose presale has gone live, is making waves with its revolutionary non-custodial Telegram trading bot that will serve as the great equalizer between the regular Joes and the experienced pros.

For far too long, the miners, arbitrage pros, whales, and institutions had sole access to alpha. They have the knowledge, expertise, and deep pockets to stack the deck in their favor and extract maximum extractable value (MEV) at the expense of regular day-to-day investors. This has allowed whales and institutions the upper hand in exploiting the inefficiencies of Web3 at the expense of regular users. Bitbot levels the playing field by offering its users the convenience of a Telegram trading bot that allows them to trade directly from their cold wallets.

No other Telegram trading bot allows non-custodial trading. In fact, the leading Telegram trading bots in the space have been the subject of hacks and exploits that would’ve been mitigated had they been non-custodial. Unibot was hacked for $560,000, leading to users losing their digital assets. Meanwhile, Banana Gun’s smart contract was exploited, causing token prices to drop by over 90%, from $8.70 to $0.02. Despite being leading solutions, their poor security posture has exposed them as unsafe. Not Bitbot.

Rather than surrender their digital assets to existing Telegram trading bot solutions that are prone to hacks and exploits, Bitbot is a non-custodial trading bot where all the control lies with the end user and the end user alone.

Bitbot Features and Tokenomics

Bitbot’s sophisticated AI algorithms help users scour the internet for potential presale opportunities or undervalued gems that look good to regain substantial value in the long run. Its anti-MEV and anti-rugpull features keep users from being dumped on by bots and miners, and safe from losing their funds to a scam.

Another key draw for the revolutionary Telegram trading bot is its copy trading feature, where Bitbot users can tail the trades of the top traders on the platform. This allows users to tap into the insights of experienced traders and save time for individuals who don’t have the time to do the research.

Individuals looking for additional earning opportunities can leverage the Bitbot referral program, which will grant users with eligible referrals a 15% kickback on their trading fees. This could be a vital source of income, especially with Bitbot’s potential to mushroom in growth.

Injective and its robust DeFi ecosystem are expected to interact well with Bitbot’s revolutionary suite of Telegram trading tools, with the Layer-1 potentially serving as a launchpad for users to get into Telegram trading. It takes just a moment for users to experience the unparalleled advantage of trading with Bitbot.

Renowned audit firm Solid Proof has already reviewed Bitbot’s smart contract, adding an extra landing pad demonstrating the excellent security posture of the project, reinforcing its focus on security that its competitors can’t.

Injective Price Prediction

Injective went on a tear in the latter part of 2023 and the early months of 2024 as it breached new all-time highs of $45.10. Injective was changing hands at $33 as of the previous day’s trading session, finding new support levels as it positions itself for a big run in 2024. Injective could certainly do a 100% increase in the next 12 months, especially when one factors the expected growth of the DeFi sector this year. $65 to $70 per INJ token in 2024 is possible.

Bitbot Price Prediction

Injective can deliver a 2x – but Bitbot, owing to its low-cap presale status, offers a significantly higher price ceiling in 2024. And we’re talking about a 100x. The Bitbot presale is designed in such a way that earlier investors will be rewarded by token price increases starting from $0.01 during stage 1 to $0.02 by stage 15.

Bitbot, in essence, can deliver the same projected returns as Injective in 12 months – within the next several weeks. With the Telegram trading bot market sitting around a $400 million market cap, Bitbot is almost a surefire candidate to break out in 2024.

Final Word: Bitbot Poised to Deliver on 100x Potential

Telegram trading bots will play a major role in the future of finance. The likes of incident-prone Banana Gun and Unibot are among the leading solutions as of this writing – but their days are definitely numbered with the emergence of a strictly better, cutting-edge, and secure solution in Bitbot. There are levels to this game, and the arrival of Bitbot redefines what Telegram trading bots can be.

If trading bots whose security posture is held together with duct tape and paper clips could generate 100x in gains, think of how much more Bitbot could achieve with its infinitely superior technology and security. Coupled with the looming prospect of a bull run, and you have an investment opportunity that could hit stratospheric heights in 2024.

To learn more and purchase BITBOT tokens, visit the official website.

Disclaimer: Coinspeaker is not responsible for the trustworthiness of any content or product on this page. Though our goal is to provide you with the most valuable information that we could find, we recommend you conduct the necessary research on your own before taking any decisions related to the products presented in this article. This article can’t be considered as investment advice.

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