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
[email protected]

• Billions in liquidity from major blockchains brought under one roof
• EYWA wins the Start In Block competition at Paris Blockchain Week
• Quest featuring airdrop of $EYWA token ongoing

Road Town, British Virgin Islands — May 2, 2024 

EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability.

The investment has been led by Curve Finance founder Michael Egorov — with the project recently attracting two new backers: Fenbushi Capital and GBV Capital. They joined a seed round alongside Big Brain Holdings, Marshland Capital, Mulana Capital and others.

EYWA and Curve are working together to develop a trustless bridge that relies on a consensus of the most reliable messaging protocols available — eliminating dependence on a single bridge for moving large liquidity positions.

Michael Egorov says: “EYWA builds a very interesting solution — it’s not just your typical bridge. They solve the problem of liquidity fragmentation between chains by creatively composing Curve meta pools and the actual bridge. Having one liquidity pool working across multiple chains sounds like magic, and it is exciting to have Curve AMMs in the core of this magic.”

At the heart of this quest to make cross-chain magic a reality is CrossCurve — an innovative DEX conceived through EYWA and Curve’s partnership. 

It facilitates low-slippage cross-chain swaps of various asset types, supported by Curve’s deep liquidity in the billions of dollars. CrossCurve supports the seamless transfer of multiple token types — from stablecoins to liquidity provider and liquid staking tokens,

The overall goal is to reshape the DeFi landscape, make cross-chain transfers more intuitive and less painful, and create a one-stop-shop for traders. 

Major blockchains including Ethereum, BSC, Polygon, Avalanche, Arbitrum and Optimism are now under one roof — with support planned for more.

Gaining momentum 

The fresh funding comes hot on the heels of EYWA winning the Start In Block competition at Paris Blockchain Week — and coming in first place.

EYWA saw off competition from more than 800 Web3 startups with high potential, and pitched in front of hundreds of conference attendees on the master stage.

The project is now advancing to the next round of the popular show Meet The Drapers, where aspiring entrepreneurs battle it out to win $1 million in funding from billionaire investor Tim Draper and a panel of guest judges.

What’s more, the EYWA Adventure Quest is underway — giving participants a chance to win a share of 50 million $EYWA.

There are several ways of getting involved in this airdrop.

• One point is earned for every dollar of trading volume generated through swaps on CrossCurve
• Those who provide liquidity to CrossCurve pools can also earn up to five points a day — as well as 50% of the swap fees
• Exclusive EYWA NFTs can also be earned by completing tasks on Galxe, which are named after iconic explorers including Vasco da Gama, Christopher Colombus and Marco Polo
• Referring others to join CrossCurve means you’ll receive a share of their points, too 

The native $EYWA token is yet to launch, but a date for the token generation event is set to be revealed soon.

About EYWA

EYWA eliminates reliance on a single bridge by utilizing a consensus of the most reliable bridges on the market. In conjunction with Curve, it has also created CrossCurve, which connects more than $2 billion of liquidity from different blockchains into a unified cross-chain market.

You can follow EYWA on Twitter (X), Telegram, Discord, Medium and LinkedIn.