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Cryptocurrency News Articles
Pepe Soars with Coinbase Support, Bitbot's Non-Custodial Trading Solution Makes Waves
Apr 23, 2024 at 03:06 am
Meme coin Pepe (PEPE) is experiencing a notable 17% price increase following an announcement from major crypto exchange Coinbase regarding support for Pepe perpetual futures. Meanwhile, new crypto project Bitbot (BITBOT) has garnered significant attention, with its presale surpassing $2.7 million, showcasing the project's innovative non-custodial trading solution, AI integration, and revenue-sharing model.
Pepe Surges Amid Coinbase Support, Bitbot's Non-Custodial Trading Solution Creates Waves
In the vibrant world of cryptocurrencies, a new wave of momentum is sweeping across the market, with meme coin Pepe (PEPE) and innovative project Bitbot (BITBOT) emerging as notable players.
Pepe's Meteoric Rise: Coinbase Support Fuels Gains
Pepe, a humorous and endearing meme token, has been mirroring the upward trajectory of its dog-themed counterparts, Dogecoin (DOGE) and Floki (FLOKI). However, Pepe has outshone both today, posting an impressive 17% price increase in the past 24 hours.
This surge in value comes on the heels of a significant announcement from major cryptocurrency exchange Coinbase. On April 18th, Coinbase International Exchange announced the upcoming launch of its 1000PEPE-PERP futures market. Today, the exchange provided an update, coinciding with a sharp spike in Pepe's price.
The official Coinbase International Exchange Twitter account shared a message on April 22nd, stating that the trading platform would finally add support for Pepe perpetual futures on April 23rd, 2024, at 9:30 am UTC. The 1000PEPE-PERP market will also go live on Coinbase Advanced, the trading platform designed for professional traders.
This news ignited a buying frenzy among investors, propelling Pepe's price to new heights. Pepe has now gained over 35% in the past week and is eyeing a key resistance zone near $0.000008. The meme coin previously reached its all-time high of $0.00001064 in mid-March.
Bitbot: Non-Custodial Trading and AI-Powered Tools Capture Market Attention
Alongside Pepe's impressive gains, a new project called Bitbot (BITBOT) has garnered significant attention in the crypto sphere. Bitbot is a non-custodial trading solution that brings the secure trading environment desired by the Telegram crypto market.
Unlike competitors, Bitbot empowers users to retain full control of their assets, eliminating the risks associated with custodial platforms. This non-custodial architecture is bolstered by Knightsafe's decentralized digital assets custody technology and further enhanced by anti-MEV and anti-rug pull features.
Bitbot's trading solution integrates artificial intelligence capabilities with advanced institutional-grade trading tools, accessible through a user-friendly Telegram bot. This combination of security, convenience, and advanced features has positioned Bitbot as a formidable player in the crypto trading space.
Bitbot's Revenue-Sharing Model and Presale Success
Bitbot has also made waves with its revenue-sharing model, which allocates 50% of platform income for user incentives. This model aligns the interests of the project and its users, creating a mutually beneficial ecosystem.
The project has also implemented a successful referral program, offering participants a 5% bonus on referrals. This initiative has further fueled the growth of Bitbot's community and presale momentum.
As of this writing, the Bitbot presale has raised over $2.75 million in stage 11. The price of the native BITBOT token is currently at $0.0163, representing an attractive opportunity for early investors.
Experts Predict Booming Telegram Bots Market, Bitbot Poised to Dominate
Industry experts predict a burgeoning Telegram bots market in the coming months and years, particularly as AI integration becomes more prevalent in the automated trading sphere.
Bitbot, with its non-custodial bot architecture, AI-powered tools, and revenue-sharing model, has the potential to become the leading trading bot in the industry.
The project's presale is nearing completion, with 15 stages remaining. Given Bitbot's innovative features and strong market demand, experts believe it is well-positioned to revolutionize the Telegram trading experience.
For more information on Bitbot, visit the official website.
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