Interest in AI projects spikes as Bitbot stands out with Telegram integration

June 09, 2024 03:08 AM PDT | By Invezz

Interest in AI projects spikes as Bitbot stands out with Telegram integration — Image source: Invezz

AI projects see fresh spike in crowd discussion

Market intelligence platform Santiment recently shared insights into the crypto market. As top coins hover at key price levels, on-chain data suggests interest in Artificial Intelligence tokens is rising.

According to the firm, AI and its application across sectors such as trading, decentralisation and innovation is on top of most traders’ watchlists.

Santiment sees the surge in crowd interest as indicative of a potential price surge for several AI tokens. Projects such as Synth AI (SYAI), Fetch.ai, Ocean Protocol and SingularityNET stand out.

For FET, AGIX and OCEAN, an upcoming merger is a key catalyst. Elsewhere, SYAI attracts as the market looks into AI trading. Where does Bitbot fall amid the AI tokens surge?

Bitbot, A standout AI and non-custodial Telegram bot

As highlighted above, Bitbot is designed to go beyond being just another trading bot on Telegram. The key feature that sets it apart is its non-custodial wallet functionality. The integration simply means “your keys, your wallet, your assets.”

Bitbot partnered with digital assets security platform Knightsafe to deliver this groundbreaking non-custodial trading bot. Its focus on user security sets it apart from current bots on Telegram.

The bot’s integration of anti-MEV and anti-rug tools add to the positives, particularly as users look to mitigate against counterparty risks and other vulnerabilities.

On top of the pioneering technology, Bitbot taps into AI technology to offer institutional-grade trading tools such as sniping, copy trading, limit orders and Gem Scanner.

Meanwhile, the BITBOT token drives the utility and governance aspects of this platform. That includes the attractive revenue-share program that’s set to offer 50% of daily bot fees to the community.

What’s next for Bitbot?

Bitbot’s successful presale raised more than $4.3 million.

The next steps per the project’s roadmap include token claiming and listing on exchanges and the launch of the trading bot. These milestones are set for the coming weeks.

As a whole crypto trading solution, its more than just the AI narrative. There’s the highly anticipated bot launch that’s expected to hit soon, and Bitbot plans to offer staking for token holders.

A huge community has built around the project already, with social media engagement hitting 1.2 million and media mentions reaching over 2,400.

With the rising wave of interest in crypto, Bitbot’s future outlook suggests this could be one of the projects to watch.

Get more details here.

The post Interest in AI projects spikes as Bitbot stands out with Telegram integration appeared first on Invezz

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media LLC., having Delaware File No. 4697309 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.