Bitbot to list on Uniswap and MEXC on Wednesday
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Bitbot is in focus at writing as it’s slated to go live on both Uniswap and MEXC at 03:00 p.m. UTC on Wednesday.
Why is a Bitbot listing significant for investors?
The AI-enabled Telegram trading bot attracted solid demand in the presale of its native namesake coin and raised close to $4.0 million.
Bitbot may be even more exciting for investors now that it’s listing on the aforementioned crypto exchanges. That’s because a listing helps significantly improve access to a crypto token.
On top of it, going live on a crypto exchange will likely deliver a boost to liquidity and credibility of Bitbot that may eventually translate to a higher price.
Interested in finding out more about the Bitbot token? Click here to visit its website now.
Bitbot has opened second staking pool
Note that Bitbot is in news on Wednesday for a couple of other reasons as well.
The crypto project opened its second staking pool on May 28th offering up to 60% annual percentage yield (APY). It has announced plans of launching “The Memeinator” – a meme warfare game in the second quarter of this year as well.
Bitbot arguably is a better pick than the rival Telegram trading bots because it is a non-custodial platform which, for investors, means better security.
Ahead of listing on Uniswap and MEXC, the Bitbot token is priced at $0.02 at writing. Details of this AI powered platform are available on its website on this link.
What could drive Bitbot price up in 2024?
Bitbot may be a fair investment also because there are several macro factors that could help drive its price up in 2024.
These include the potential rate cuts that typically turn risk-on assets like cryptocurrencies more attractive. Plus, Bitcoin halving and the launch of Spot ETFs suggest continued strength in BTC this year.
That may be significant for the Bitbot token as Bitcoin is a bellwether and tends to drag the rest of the market (including Bitbot) in the same direction in which it moves.
Click here to dive deeper into Bitbot to make an informed decision about investing in it.
The post Bitbot to list on Uniswap and MEXC on Wednesday appeared first on Invezz
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