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Bitbot ICO Bags Serious Investors Amid CryptoQuant CEO’s Meme Coin Criticism – CoinGape


With meme coins continuing to attract investor attention, CryptoQuant’s CEO has harshly criticized their impact on the broader market. Serious investors echo this sentiment, and many are pointing to Bitbot’s new ICO as a prime example of a utility-driven disruptor with long-term potential.

Positioned as the next leader in crypto trading bots, Bitbot’s ICO is on fire. So what is Bitbot, and why is it attracting serious investors in droves? Let’s find out.

Cryptoquant’s CEO sounds the alarm on meme coins

Meme coins have been basking in the limelight since Dogecoin’s skyrocketing fame in 2021, now one of the largest crypto market sectors. However, Ki Young Ju, the co-founder of CryptoQuant, recently voiced concerns that could dim their sparkle.

Following the $10 million mishap with the Slerf meme coin—where investor funds were poofed into the ether after being accidentally sent to a burn address—Ju noted that the frenzy overshadows genuine innovation created by hard-working teams for these speculative assets.

Ki Young Ju’s remarks underline a crucial point. While meme coins may serve as a gateway for some into the crypto world, they often detract from serious projects that have tangible utility, drawing investors towards high-risk gambles. It’s something serious crypto investors have pointed out over the past few years, with many now rallying behind Bitbot’s ICO and its potential to reshape the world of crypto trading bots.

Bitbot: The next-gen crypto trading bot innovator

While meme coins have been hogging the headlines, Telegram crypto trading bots have been making serious moves under the radar. These bots have amassed over $17 billion in trading volume from more than 1.3 million users, with over 100k active daily; March alone saw a $7 billion jump in volume.

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However, major players in this sector have faced controversy. Maestro, Banana Gun, Unibot, and, most recently, Solareum have collectively lost over $1.5 million of user funds to hackers, sometimes because they have custody of users’ private keys.

Bitbot is nothing short of a revolution for crypto trading bots. It’s the world’s first non-custodial trading bot with the slogan “your keys, your wallet, your assets.”

By partnering with KnightSafe, a cutting-edge self-custody solution securing over $28 million, Bitbot users maintain complete control over keys, with funds only transferred once trades are executed. This approach, coupled with anti-MEV and anti-rug pull features, makes Bitbot the most secure Telegram crypto trading bot.

Meanwhile, its advanced AI sifts through the thousands of presale tokens and low-cap projects to spotlight the next golden opportunity. These are presented within an Alpha List accessible to BITBOT holders in an exclusive chat. With the sniping feature, users can automatically trade these opportunities, getting in well before the crowd finds out.

But this is just one of Bitbot’s profit-generating avenues. Its Copy Trade feature allows anyone to mimic the moves of the community’s top traders. Likewise, a generous revenue-sharing program offers up to a 50% cut of daily revenues, while users collect a 15% lifetime reward on referrals!

It’s clear that Bitbot isn’t your average crypto trading bot; it’s preparing to set a new standard in this area and offer a significant upgrade on its competitors. The most profitable opportunity could be to jump in early on its new BITBOT token.

Why serious investors are betting big on Bitbot’s ICO

As Bitbot gears up to dominate the Telegram trading bot scene, it’s pulling serious investors by the tens of thousands to its presale. It’s already raked in $2.3m to advance to the stage 10 of its 15-stage presale, currently pegged at $0.0155. Fortunately, 29.03% is still available before hitting $0.02 – the final price before exchange listings.

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Unlike the speculative meme coins criticized by Ki Young Ju, Bitbot is building trust from the ground up. SolidProof has approved its smart contract, while investors can get a peek behind the curtain of Bitbot’s development via Medium posts and AMAs with product lead Andrew Jacobs.

Similarly, a 6-month cliff and 12-month emission schedule for 20% (development) and 14% (marketing) of its 1 billion token supply demonstrate the team’s commitment to longevity. This strategy has paid off; its social following is growing fast, with 160k+ followers on Twitter and 25k+ Telegram members.

Given Banana Gun’s approximate 80x presale gains, the sky’s the limit for Bitbot ICO backers. The growth of the crypto trading bot market, the bullishness surrounding AI, and Bitbot’s game-changing setup could be a recipe for an explosion in 2024, where 25x-50x returns might just be a conservative estimate.

FOMO alert: Why missing out on Bitbot’s ICO could be a huge mistake

It’s no wonder that Bitbot’s presale tokens are flying off the shelves. The ICO outpaces Banana Gun’s $1.3 million presale raise, signaling immense investor confidence. But with serious investors scrambling to get a piece of the action, tokens could soon sell out.

Bitbot’s exchange debut later this year might trigger a FOMO frenzy as the market realizes its potential. If it does, presale investors could see their positions multiply overnight.

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





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