The news trending in the crypto market is about the surging price of the Bitgert coin which has also become many crypto trader’s favorites in a short time since its launch. Taking a closer look at this achievement over the past weeks, you’ll realize this is not an easy one for a crypto coin that just launched a few months ago. But at the rate the Bitgert coin is going, it could become a better coin than any other one in the market. 

The recent surge in the price of Bitgert coin could be seen as the action of investors engaging the crypto asset. But, on another note, this could be a result of the deflationary mechanism of the Bitgert coin in action. If you are not familiar with the Bitgert deflationary mechanism, then you have a lot to learn about this coin moving towards becoming the next big thing.

Come closer, let’s talk about the deflationary mechanism adding fuel to the fire of investors’ trades in the last weeks. As well as a look into the other mechanisms currently making Bitgert the investor’s favorite.

How Bitgert Coin Is Actively Getting 12% Better After Every Trade

While reading about the features of Bitgert, before you read 5 articles you would have noticed how bitgert is ruling the crypto market through innovation. But one thing begs the better attention, and this is the 12% burning mechanism which aims to make the Bitgert coin 12% better after every trade.

To make this more meaningful, what you need to know is that for every transaction that is done with Bitgert, it destroys 12% of that trade in the total supply. This move creates scarcity which continues to make bitgert better every day. Hence, as more investors join, the 12% burning rate makes their investment 12% better immediately.

The Bitgert Innovations Everyone Is Talking About

At this point, everyone knows that at the mention of innovation in the altcoin market, Bitgert is the leading coin to think of. But, what are these innovations that everyone has been talking about? Faster Transaction Speed and zero gas fee take most of the glory.

The transaction speed when trading Bitgert is almost faster than any internet speed which makes it an instant execution. We are looking at a speed faster than any other coin in the market right now including Ethereum, Solana, and every other altcoin. This is paving the way for its recognition and popularity which makes it many people’s favorite already. About the gas fees, just know it’s an absolute zero for every Bitgert coin trade. 

This is an absolute game-changer right now, but it promises to get better in the future. 

From a very humble and relatively unknown beginning to the great success of reshaping the trajectory of meme coins. This is what underpins the great success story of the BEFE coin. Let’s explore how it came out to be the strongest one in the crypto world, delivering humor and profits all at once.

The rise of the meme coin mania has been the center of attention for quite some time for the wider crypto investor community worldwide. It has caused a stir among classic investors and speculators in the crypto space. More often, such inspiration comes precisely from internet memes and cultural phenomena.

BEFE is a brand-new meme coin in this space and quickly takes its place as one of the disrupting projects to get attention from the public eye. A cohort of facets set BEFE aside from a pre-established famous Dogecoin or other quirky Pepe the Frog meme coins that have come before. Unlikely most others, BEFE launched with no presale. It was one very tough premise to the otherwise exercised traditional fundraising methods by so many projects.

Some mammoth features that lay within BEFE included a sparkling full blockchain ecosystem of BEP-20 and ERC-20 token standards, including networks from Binance Smart Chain (BSC) to Ethereum (ETH) and having one similar to the BEFE blockchain. This further assures the traders of the capacity to trade BEFE tokens across the following chains in a bid-ask regime: BEFE/WBNB, BEFE/WETH, and SBEFE/SOL. This has attracted many retail individual investors who would like to have a low-cost opportunity for their trading.

That is probably what would make it very different—with innovative features that make a difference and are community-driven in order to keep the momentum of capturing a bigger portion of the meme coin market. It’s going to be quite the spectacle seeing how BEFE perseveres through cryptocurrency climates at their most volatile to reach traction and prominence within the space that other meme coins do. 

There’s a reason behind BEFE’s steep rise. First off, they were the only ones not to vamoose with the presale, hence giving just a smidge of security. Not many meme coins facilitate multi-chain compatibility. But BEFE is designed to offer more flexibility, and hence, a larger and wider pool of more liquid investors and traders should come forward to make the most of the opportunities. Besides, what makes it unique is that it has a program that works tax-free, unlike most of the tokens, whereby a tax is applied to every transaction done.

All of the aspects above aided in making fertile ground for BEFE to soar even higher in popularity. Yes, the rise of BEFE is impressive, but investors must tread carefully. The meme coin market is fragile, and BEFE is a new entrant in this field. Its long-term viability remains to be seen. But amidst great uncertainty, BEFE’s novel features and a focused community position it as an amazingly interesting contender. The most important thing is being cautious and doing your homework before investing in BEFE or any meme coin.

London, United Kingdom, May 2nd, 2024, Chainwire

AI-powered Telegram trading bot, Bitbot, has surged past the $3M mark in its presale after outlining its updated product offering. Bitbot now includes a layer of AI development on its blockchain analysis tool, Gem Scanner. The project has hurtled into stage 12 of its short 15-stage presale due to end this quarter, at which point the BITBOT token will be unleashed upon the open market. 

The Bitbot community now numbers over 140k, with 110k+ followers on X and a Telegram channel approaching 30k. Bitbot’s team hopes to convert a good portion of this into paying customers when the product launches this year.

The presale has been supported by Bitbot’s recent rebrand, which includes a new website with updated visuals and, most crucially, a spotlight on Bitbot’s AI features. Bitbot’s team is optimistic that investing in AI to boost its trading engine is one of the factors likely driving the heightened interest in the presale.

Bitbot is establishing its status as a game-changing project by offering the world’s first non-custodial Telegram trading platform, ensuring users’ funds only transfer once trades are complete. This is combined with an arsenal of AI trading weapons that give retail investors the firepower they need when competing against the institutions. 

Bitbot (BITBOT) is available to buy on the official site.

Gem Scanner: merging AI with on-chain analysis

Powered by Bitbot’s proprietary AI, the Gem Scanner aims to uncover undervalued, low-cap tokens with the potential to achieve multi-digit rallies.

The Gem Scanner scours top data aggregators such as DEX Screener and Birdeye while combining social media feeds to make predictions based on both market data and audience sentiment.

This productivity-boosting tech eliminates the reliance on conducting hours of meticulous market analysis. It will typically appeal to retail traders and therefore help drive production adoption. With this offering, the team hopes to see Bitbot take market share away from key competitors Banana Gun and Maestro over the coming year.

AI and blockchain are on the rise

Tech stalwarts Google and Microsoft both enjoyed AI-driven stock price surges recently, with Reuters reporting spikes of 10% and 2%, respectively. 

And with demand for AI features outstripping capacity to supply the market, the industry appears poised for sustained growth. This is supported by sector predictions, which lay out an expected compounded annual growth rate (CAGR) of 28.4% per year until 2030.

Blockchain offers a similar story, with a CAGR of 24% projected. AI crypto tokens are currently valued at just under $20 billion, with a daily trading volume of around $900 million, according to CoinGecko.

Bitbot has repositioned itself to meet this growing demand for AI in the crypto market by offering a range of advanced technologies.

Speaking on the decision to refocus efforts towards AI capabilities, Bitbot’s Technical Product Officer, Andrew Jacobs, said:

“Our mission has always been to give our users the tools that have enabled institutions to dominate financial markets, and the benefits our AI offers are the best equalizer we’ve seen on the market so far. Plus, AI positioning is currently generating great returns for many projects in the space, and we predict BITBOT holders will feel the benefit of this.”

Bitbot’s exciting market outlook

With its enhanced focus on AI, Bitbot is positioned to engage with the increasing interest in AI projects. The market has observed notable activity, such as the performance of BitTensor (TAO), an AI coin which experienced significant price changes, rising from $34 last year to $757 in March.

Within the Telegram bot sector, there is plenty of precedent for strong performance as well. Competitors like Banana Gun have experienced 200% rallies in just six months, and in early April, they saw 80x gains from early presale price. With its enhanced security and AI iterations on these first-generation products, the Bitbot team is optimistic about surpassing these results.

About Bitbot

Bitbot is a new AI Telegram trading bot that aims to put institutional-grade trading tools in the hands of retail users, to enable them to trade using a variety of advanced features, including sniping and copy trading.

Audited by Solid Proof, Bitbot focuses on security and follows the motto, “Your keys, Your wallet, Your assets.” To this end, the project has partnered with Knightsafe to deliver the world’s first non-custodial telegram trading bot, mitigating counterparty risk and reinforcing this with anti-MEV and anti-rug technology.

For more information, users can visit the website.

Official Website | Whitepaper | Socials

Bitbot is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

Bitbot Press Team
Bitbot
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