Crypto investors are gearing up for the much-anticipated bull market with a plethora of contenders for the best crypto to invest in. Bitcoin has led the way with the successful adoption of ETFs and setting an incredible new ATH to surpass the $70k barrier for the first time. Two coins vying to be the best crypto to invest in are Bitbot and Cronos.
The Bitbot presale continues to soar, hitting $1.8m as investors look to boost their investment journey by investing in ai-driven trading. Here’s why Bitbot is leading the race to be the best crypto to invest in for 2024.
Telegram trading bots: Boosting investments with automated trading patterns
Bitbot is entering a market worth over $1 billion ahead of the Bitcoin halving event, led by Unibot and Banana Gun, offering automated trading patterns to Telegram’s 800 million active monthly users. These trading bots provide direct access to leading DEXs via the contact communication giant.
Overtrading-bot-wars” rel=”dofollow noopener” target=”_blank”> 1 million users have used Telegram trading bots since the first one launched, producing a lifetime trading volume of over $13 billion across almost 75 million trades. With these numbers growing rapidly in Q1 2024, Bitbot is entering a market with incredible growth potential.
To stand out from its competition, Bitbot is bringing the first non-custodial security solution to users to close the kinds of gaps that have seen security breaches hit Unibot and Banana Gun. Unibot’s token lost over 40% of its value after losing $560k of user funds in a security breach, and Banana Gun’s token fell by over 90% after the discovery of a bug in its contract. The Bitbot security approach is designed to offer a safe haven for users’ funds.
What is Bitbot?
Bitbot is partnering with renowned cyber security firm Knightsafe to provide its market-leading security solution. Thanks to the invaluable experience of former Wall Street traders on its development team, Bitbot users maintain complete control over their assets until transactions are complete. Meanwhile, anti-MEV bot measures and anti-rug pull mechanisms provide further reassurance.
This means users can focus their energy on utilizing the automated trading patterns provided by a range of superb features to gain an edge over other traders. Bitbot’s sniping feature allows traders to buy low and sell high based on predetermined parameters and limits, while the gem scanner tool scours the web for undervalued gems and top potential crypto presales.
These ai-driven features could see Bitbot piggyback on the increased investor confidence in ai solutions and help pump the value of the native BITBOT token.
Other benefits of owning the BITBOT token include the chance to earn passive income through the platform’s lucrative revenue-sharing scheme. Through this, 50% of all trading fees are shared between coin holders. In addition, users who refer newbies to the platform earn a lifetime 15% share in transaction fees generated by the referee.
In short, whether it’s shorter-term gains from the revenue share or long-term gains as the cryptosphere likely starts to accept Bitbot as the industry standard due to its superior security, the BITBOT token has gain potential coming from every angle.
What is Cronos?
Cronos is the native token of the Cronos blockchain, an open-source and fully decentralized chain developed by Crypto.com. Cronos chain launched in late 2018 and has become a key vehicle powering the Crypto.com mobile payment app.
Cronos token holders can stake their coins to act as an on-chain validator and earn passive income via a share of transaction fees. In addition, the CRO token is accepted as a means of payment on the platform.
Cronos price prediction
Cronos launched at just $0.01954 and saw steady growth during the bull market of 2021 and 2022 to achieve highs of $0.8128 in November 2021. Although the crypto winter of late 2022 and 2023 had a serious impact on the price of CRO, it surged in Q1 2024 to its $0.124 value at the time of writing, an increase of over 75% from 12 months ago.
With the Bitcoin halving event imminent, analysts expect history to repeat itself and a bull run to follow hot on the heels. As a result, predictions are that CRO could rise to at least $0.35 by the end of 2024, before rising beyond $0.50 next year.
Bitbot price prediction
Meanwhile, Bitbot is emerging as the clear favorite to deliver incredible returns and is being tipped to be one of the best cryptos to invest in for 2024.
To illustrate the potential of Bitbot, the performance of competitors such as Unibot and Banana Gun provides insight despite the security fiascos. For example, Unibot is currently trading at $23.14 and has a market cap of over $23 million, and Banana Gun has soared to $32.22, over 200% up on its launch price of $9.9389, and a whopping market cap of $84 million.
Given their security flaws, the fact that they’ve both made solid gains is a testament to the faith the cryptosphere has in the Telegram trading bot market as a whole. Since Telegram trading bots have barely been around for a year, it’s clear that the market is still waiting for a security-focused superstar to become the industry standard.
As a result, even conservative estimates for Bitbot expect it to emerge as a market leader in trading patterns, pushing 50x returns into the wallets of early-stage investors. More realistic forecasts predict 100x returns this year as Bitbot takes flight. When you consider the fact that Unibot increased by 200x from its early presale price, 100x seems well within Bitbot’s grasp.
Bitbot vs. CRO: Which is the best crypto to invest in for 2024?
The rich potential of the Telegram trading bot sector, illustrated by the performance of Unibot and Banana Gun, has pushed Bitbot to the head of the queue in the race to become the best crypto to invest in for 2024.
While Cronos’ tried-and-tested approach will undoubtedly attract new fans, Bitbot’s fast-selling presale delivers unmatched value and growth potential. The ICO is now in stage 8, with tokens priced at just $0.0141, meaning there is a limited window of opportunity for investors to avoid FOMO.
