UNIBOT Price View as Bitbot pre-sale gathers momentum
Unibot Price View As New Telegram Trading Bot Bitbot Reaches Presale Level UNIBOT trades at $89 on January 20, down from its August 2023 high of $236. As early investors of the token see a 200x return, could Bitbot prove a better buy in 2024 than Unibot?
The new Telegram trading bot (BITBOT) started its pre-sale as expected earlier this week. The amount collected in three days is more than 147 thousand dollars, so it is currently attracting a lot of interest.
Meanwhile, Unibot, one of the Telegram-based crypto trading apps, is looking to break out after hitting the lows of $74.73 on January 19.
Here's Unibot's price outlook as the market sees renewed momentum following this week's struggles. But could Bitbot's pre-sale launch be the first to dominate the space?
What is Bitbot?
Bitbot is the Telegram trading platform that offers the world's first secure crypto trading bot. This means that unlike other trading applications on Telegram, Bitbot does not capture or store its users' crypto.
Following recent deals, including those involving Unibot and Moose Gun, the focus is on safety. Decentralized digital asset protection provider Knightsafe offers a non-custodial BitBot design that leverages MPC wallet security, not currently available on any Telegram trading bot.
By tapping into MPC protection, the bot ensures a keyless management system where control over assets remains with the trader. Also important, anti-MAV and anti-malware tools provide additional protection against tracking bots and potential fraud.
In addition to high-level security, the Solid Proof audited project provides access to transaction recording, encryption, and automatic sniping. With such tools in the hands of the trader, anyone can now take advantage of the opportunities in the crypto trading market.
Bitbot presale is live.
After a long wait for the first pre-sale, Bitbot went on the market on January 17, 2024, starting the BITBOT token sale at $0.01.
The amount raised quickly exceeded $100,000 as early adopters demonstrated the industry's confidence in the technology, features and potential of business bots. Unibot has a total supply of 1 billion tokens, 300 million of which are available to pre-sale participants in 15 phases.
Funds currently raised have reached $149,000 and may soon reach $200k in Phase 1. The project goal is $4.32 million.
Unibot price forecast
Telegram Crypto Trading Bots currently has a total market cap of $420 million. Unibot currently has a net worth of $89 million, compared to a low of $39 million following the hacking incident in October. A few weeks before the exploit, Unibot's market cap was $200 million.
Unibot is looking to recapture this, but the price will hover near $88.90 on January 20, 2024.
However, the expansion of the trading bot to the Solana blockchain coincided with the proliferation of meme coins on the network. UNIBOT's price retracement support is above $100 to indicate an increase in user numbers and trading volume in the market in recent weeks.
According to data from CoinGecko, the Unibot token reached a high of $236 in August 2023.
Could Bitbot be a better buy in 2024?
Launching in the market at the end of the pre-sale phase, Bitbot will not only bring self-regulating business to users. It offers a variety of features and possibilities that will quickly see it become the most popular Telegram trading app.
With early adopters of Unibot seeing gains of over 200x when the price reached ATH and the market cap surpassing $200 million, a similar trend could be seen with Bitbot.
Launching a BitBot in the middle of a bull cycle can also be the right time. Traders have the opportunity to position themselves for the investment potential that the native BITBOT token brings them. Boasting more than 800 million users on Telegram, Bitbot's launch on the messaging platform could challenge Unibot.
Learn more about Bitbot here.
