As Bitbot token sale reached $507k, Mantra, Caspa increased in value.
Mantra (OM) and Caspa prices continued their bull run over the weekend as demand for their tokens jumped and the crypto fear and greed index rose. OM has increased by more than 15% in the last 24 hours and by 98% in the last 7 days. Similarly, Caspa jumped 2.7% and 40% in the two sessions.
The sale of Bitbot token exceeds 507 thousand dollars
Another big crypto news story of the weekend was that Bitbot finally passed the $500K mark with a strong token sale. This is a strong performance considering that the sale only started a few weeks ago. It makes it one of the fastest growing token sales in the market.
For starters, Bitbot is a company that wants to change the Telegram trading market. It aims to do just that by creating a secure trading bot with features such as artificial intelligence, wallet integrations and a superior performance record.
The platform is powered by the $BITBOT token, which has many useful applications in the network. For example, holders can participate in the management of the network and even earn rewards. They will also take a share of the profits from the platform in the future.
BitBot joins other successful networks that have raised millions in the past few months. Metacade raised over $10 million by 2023 and is now valued at over $15 million. Other successful sales were AltSignals and Everlodge. You can buy a BitBot token here.
However, it is worth noting that there are risks involved in investing in presale tokens. The most important risk is that these pre-sales are often not controlled by management officials. Additionally, there is a concern that the token may not fare well when it goes public.
Therefore, it is always important to use the best risk management practices when investing in these tokens. For example, you should only invest in funds that you can afford to lose and also do your research.
Mantra and Kaspa jump
Another important news was the crowding of Mantra and Kaspa. The Mantra token has soared, bringing it to a market cap of over $250 million. For starters, Mantras describes itself as the first vertically integrated and decentralized blockchain ecosystem. Its OMniverse is composed of Finance, Chain and DAO components.
The financial section is a platform where users can trade, spend and earn money from crypto and tokenized assets. The chain, on the other hand, allows people to build their own decentralized applications, the DAO allows people to participate in the network. Mantra Token rises as investors encourage innovative solutions.
Caspa, on the other hand, has risen because of the continued strength of the cryptocurrency. Bitcoin stayed above $48,000, while other coins such as Ethereum and Solana rose. In most cases, cryptocurrencies are closely related to each other.
