- When it comes to AI crypto trading bots, for much of 2024, Banana Gun has been the market leader. However, Bitbot, a challenger that has been watching the market closely all year, has finally launched.
- After raising over $4.3 million in a recent presale, more than 3x that of Banana Gun, and boasting multiple superior features, Bitbot looks set to take the crown and become quite possibly the best AI crypto in the game.
Bitbot recently launched the V1 of its trading platform and its BITBOT token on the Uniswap exchange, a marketplace that did over $53 billion in trading volume last month. This suggests that the BITBOT token will now be subject to significantly more attention than it had during the presale.
Bitbot’s advantages over Banana Gun
There was some seriously bad PR around Banana Gun’s security, as well as that of its rivals, prompting Bitbot to bide its time, observe the market, and patiently create a product that one-upped Banana Gun. Bitbot’s self-custody security offering is designed to give its users the peace of mind any trader deserves. In partnership with KnightSafe, Bitbot ensures that users keep custody of their assets at all times. This means that funds are protected from the kinds of hacks that have plagued rival trading bots.
But on top of all that, Bitbot offers the kind of trading features that would make institutional investors and the Banana Gun team green with envy. Its primary feature is its Gem Scanner, a proprietary piece of technology unlike anything on the market. By harnessing sentiment analysis, machine learning, and predictive analytics, the Gem Scanner scans and aggregates on chain data and social media content to carefully pick out the projects showing the most promise. Then, using natural language processing, it allows the investor to talk to it, asking further questions about a project, as though it were a human.
It’s this streamlining, simplifying, and anxiety-easing that places the Bitbot platform at the very top of the AI crypto pile. And with the prospect of fresh retail money pouring into the sector, a user-friendly platform like Bitbot is the dream tool for hoards of users, both new and old.
Banana Gun has set a strong precedent
In less than a year, Banana Gun has made quite a name for itself. Rising to the top of the Telegram trading bot space, a sector worth over $1.8 billion at press time, it has delivered 120x for early presale investors and as much as roughly 15x to those who’ve bought and sold BANANA on the open market.
It has a range of features that make it one of the best AI crypto trading bots out there, including copy trading, limit orders, and sniping capabilities that allow traders to automatically buy low and sell high.
However, as mentioned, there are glaring question marks over its security that popped up pretty much immediately after it listed on the open market. The BANANA token’s launch was immediately scarred by rug-pull allegations, wiping out over 90% of its value within hours.
Could Bitbot be the best AI crypto to go parabolic in September?
Bitbot’s parabolic potential is strong for a number of reasons. As discussed, it is technically superior to the leading AI telegram trading platform, Banana Gun. But zooming out a little, several powerful macro factors are waiting to pump what’s looking like the best AI crypto trading tool on the market.
The US election seems to be sending positive signals to Republican and Democratic crypto fans. This could well prompt serious pumping in September. Plus, longer-term, politicians could bring the kind of regulatory clarity needed to bring hoards of new investors into the space, pump the crypto markets, onboard Bitbot users, and pump the BITBOT token sky high. We’ve certainly come a long way in terms of regulation, and plenty more could follow.
Then consider Banana Gun’s success. Currently close to its all-time high of $48.05, Banana Gun is unlikely to make parabolic gains in September, even if a firey bull run hits. BITBOT, however, launched at just $0.02, meaning that there’s a whole season of potential bull run mania to send it sky high. Plus, Banana Gun was fortunate enough to receive a Binance listing, a key part of its strong performance. With Bitbot’s superior features, namely on the security front, surely a similar fate is on the cards?
Bitbot is available to trade now on the Uniswap exchange.
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