Bitcoin has been recovering in recent weeks as the probability of Donald Trump returning to office in November continued to rise.
Trump’s victory a positive for crypto market
Experts are of the opinion that Donald Trump returning as the President of the United States could ease regulatory environment for the crypto market and help push price of the world’s largest cryptocurrency to a new high.
Many also believe that a bunch of cryptocurrencies will benefit once Bitcoin resumes its rally in the coming weeks as they typically do whenever BTC starts to rally.
One crypto token in particular that is expected to benefit from a potential Bitcoin rally is Bitbot. Let’s take a closer look at what makes Bitbot a good investment for 2024.
Bitbot will soon list on a crypto exchange
Bitbot is an exciting investment at writing as it has recently ended presale and is now slated to join peers on a notable crypto exchange.
The native coin of the Telegram trading bot raised millions within months in presale which signals strong demand that is expected only to climb further moving forward as a listing makes Bitbot token more accessible for an everyday trader.
With an even higher demand will likely follow an even higher price tag that indicates potential for you to make good profit provided that you choose to invest in the Bitbot coin today.
If you want to dive deeper into the details of Bitbot both as a platform as well as a coin, you should click here to visit its website now.
What makes Bitbot better than its peers?
Bitbot may be a superior investment compared to its crypto peers at the moment because it’s a unique play at the rapid growth in artificial intelligence as well.
The Telegram trading bot makes use of AI to maximise your profits out of a financial market. That’s perhaps why many believe that Bitbot could be the next 100x opportunity for the early investors.
The artificial intelligence angle may be why Bitbot attracted solid demand during the presale and why it’s expected to continue on that trajectory in the coming months.
After all, AI is a market that’s expected to hit $1.0 trillion valuation within the next ten years. Click here if that sounds exciting enough for you to build a position in Bitbot now.
Broader catalysts that could boost Bitbot price
Investing in a meme coin sure can be risky. But higher risk may as well translate to a higher profit.
That’s particularly believable considering the meme coins market has hit a valuation of well over $20 billion over the past of couple years. That’s when it wasn’t even big enough to be called a market before the pandemic.
Lastly, the broader crypto market tailwinds could reflect in Bitbot as well. For example, the probability of a rate cut in September currently stands at 100%. Lower interest rates tend to make risk-on assets like cryptocurrencies more attractive and those now include the native Bitbot token as well.
Click here if you’d like to explore ways to invest in Bitbot now that it has successfully ended its presale.
The post What could Donald Trump’s victory mean for Bitbot in 2024? appeared first on Invezz
