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Crypto project Floki plans multiple initiatives in a revamped roadmap that outlines a digital bank, university and a crypto trading bot. But why does Bitbot stand out and is potentially a great project to invest in today?

As Floki mulls its trading bot, with its introduction set for phase 2 of the roadmap, there’s a new Telegram trading bot already creating waves across the market.

Bitbot is the first bot on Telegram with a non-custodial trading solution. This is what has the market drawn to this project. A security-first approach, which aims at keeping users’ funds safe, taps into the MPC technology powered by digital assets custody platform Knightsafe.

This allows users to retain full control and custody of their crypto assets. Bitbot adds to this winning approach by incorporating anti-MEV and anti-rug features.

With these tools, users will have the peace of mind and confidence to trade right from their Telegram apps.

This and access to all the top institutional-grade trading tools puts Bitbot ahead of existing trading bots that still custody users assets. Bitbot has the potential to dominate this market that Floki is eyeing.

Floki (FLOKI) is one of the top meme coins in the market, currently ranked 5th by market cap behind dogwifhat, Pepe, Shiba Inu and Dogecoin.

Over the past several months, Floki has made moves that point towards growth beyond the meme coin tag. The quest is for FLOKI to become a mainstay of the crypto market, and an ambitious new roadmap announced this week points to that.

Beyond gaming and staking, other key milestones will include a digital bank, a University of Floki and a debit card. The project is also planning a crypto trading bot.

According to the Floki team, the trading bot will be a cross-chain Telegram and Discord. The native token powering the bot will be FLOKI.

Floki will use 50% of generated fee to buy and burn FLOKI. This could add to the token’s utility and deflationary outlook. FLOKI price could benefit, with growth across crypto and the trading bot industry enhancing this.

As the market navigates the recent dip, analysts are forecasting rapid growth for several sectors of the market. 

Telegram apps, DeFi and gaming are among those likely to see significant growth. As a new Telegram bot, Bitbot’s attractive proposition is its strong security focus. 

It’s one of the reasons traders are so keen on its upcoming launch. The potential for the native token BITBOT to gain traction across the ecosystem is also key. Perks such as a unique revenue-sharing model, discounts and airdrops are all available to BITBOT holders.

Enthusiasts eyeing this potential have flocked to Bitbot’s presale, allocating more than $1.3 million so far. 

Stage 6 of the presale is ending soon, with BITBOT price set to jump from $0.0128 to $0.0134. Presale prices will rise until the final stage 15, a potentially huge advantage to early birds.

Bitbot will have a total supply of 1 billion tokens. 30%, or 300 million tokens are available to presale participants. 

Learn more about Bitbot on its website.

The post Bitbot captivates traders as Floki plans cross-chain trading bot appeared first on Invezz

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