Unibot Dives as Bitbot Gears up to Become the Next Big Crypto of 2024

The post Unibot Dives as Bitbot Gears up to Become the Next Big Crypto of 2024 appeared first on Coinpedia Fintech News

Unibot, a pioneer in the Telegram trading bot market, has faltered recently. After facing multiple issues, it’s almost returned to its original listing price. While the situation was partially Unibot’s own making, many highlight that Bitbot—a new competitor—has undoubtedly stolen some of the limelight.

After raising more than $3.2m in its ongoing presale, some investors think Bitbot could be 2024’s next big crypto. Let’s find out why.

Unibot tumbles as users leave in droves

Unibot was once seen as a force in the Telegram trading bot arena, offering quick and efficient trades on the Uniswap decentralized exchange. Its sniping feature caters to traders looking to get in early on the next 100x crypto opportunity. 

Yet, despite its innovative approach and early dominance alongside giants like Maestro and Banana Gun, Unibot experienced a fall from grace. Once a front-runner, it now ranks as the 7th highest Telegram trading bot in terms of lifetime volume.

This downturn can be traced back to a series of mishaps, including a contract exploit, which siphoned over $500k from users, causing the UNIBOT token to freefall by 42.7% in just an hour. Further turmoil ensued a few months later, when a dispute between the project’s developers saw the token plummet an additional 40% in one day.

Once a contender for the next big crypto, Unibot’s daily user count has drastically fallen to around 600 from its previous base of 32,000 traders. For context, the $20 billion Telegram trading bot market sees around 58,000 daily users across various platforms, with over 1.5 million lifetime users. The Unibot token’s price predictions have similarly mirrored these challenging times, diminishing its once-touted potential as a 100x crypto.

Unibot’s price prediction for 2024

At press time, the UNIBOT token is trading at around $14, a stark drop of around 80% from its $83.85 value before the dispute in March. This figure pales compared to its all-time high of $242 in August 2023. 

With emerging contenders like Bitbot posing significant threats and Unibot’s user base dwindling rapidly, the future for Unibot and its investors looks grim. Without a miraculous turnaround, it seems likely that UNIBOT could retreat to its initial Gate.io listing price of $9.60 and perhaps below as it slowly bleeds out. 

Bitbot entices investors with AI integration

Unlike Unibot, Bitbot’s future looks exceptionally bright. After raising $3.2m in its ongoing presale, Bitbot has ignited excitement amongst tens of thousands of Twitter and Telegram followers. Some have gone as far as to say it could be a 100x crypto this year.

While its competitors have stumbled on security and differentiation, Bitbot shines with two revolutionary features: AI-powered insights and Fort Knox-grade security.

Its proprietary Gem Scanner leverages AI to sift through data from Dexscreener, Birdeye, and social media feeds, helping traders pinpoint potential breakout cryptos. This advanced tool evaluates tokens and ranks them based on on-chain activity and overall market sentiment.

Plus, Bitbot is setting a new standard in security. Learning from the troubles of platforms like Unibot, Maestro, and Solareum, which saw their users lose money due to their custodial handling of user keys, Bitbot adopts a non-custodial approach. This means that users’ assets remain in their own wallets until trades are executed, substantially mitigating risk.

Other features, like a lucrative revenue-sharing program offering a share of up to 50% of the bot’s revenues to BITBOT holders and a 15% kickback through a referral scheme, have swayed investors significantly, leading to calls of ‘2024’s next big crypto’ and some highly bullish price predictions for Bitbot.

Bitbot price prediction

Bitbot is currently the talk of the town, priced at $0.018 in stage 13 of its 15-stage presale, and 11.11% growth projected before it hits its final presale price of $0.02. 

Ongoing product demos and AMAs have significantly boosted investor confidence in Bitbot as the next big crypto. Many are pointing to Unibot and Banana Gun as guidance for what’s possible this year: Unibot rose 200x from its presale price over just a few months, while Banana Gun spiked almost 80x from its presale price after an all-time high in April. 

Given Bitbot’s cutting-edge AI integration and iron-clad security measures that address the sector’s long-standing issues, Bitbot could lead the Telegram trading bot market. Add in its impressive presale momentum, and Bitbot might be on track to be a 100x crypto in 2024.

Next big crypto alert: Bitbot’s presale ends soon

While Unibot dips, Bitbot could be on the verge of a massive breakout. With its app set to debut later this year, it’s well-positioned to capture a significant share of the Telegram trading bot sector’s 58,000 daily users, not to mention grow the Telegram trading bot market as new users are enticed by Bitbot’s ability to make crypto trading more accessible via its advanced AI tools.

If things go as planned, early backers could see Banana Gun-like returns – or even better – once BITBOT hits the exchanges.To learn more and purchase BITBOT tokens, visit the official website.