Meme coin Pepe (PEPE) is among top gaining altcoins in the market amid a post-Bitcoin halving pump for cryptocurrencies.
But Pepe is also seeing a notable price increase of 17% in the past 24 hours after major crypto exchange Coinbase announced support for Pepe perpetual futures. Meanwhile, there’s unmistakable momentum for new crypto project Bitbot (BITBOT) as its presale surpasses the $2.7 million mark in stage 11.
Pepe jumps 17% amid Coinbase related news
Pepe continues to mirror gains for dogwifhat and Floki, but outshone the two today.
On April 18, Coinbase International Exchange announced a delay to the launch of its 1000PEPE-PERP market. Today, the exchange provided an update that coincided with a sharp spike in Pepe price.
A post the Coinbase International Exchange shared on X on April 22 noted that the trading platform I set to finally add support for Pepe perpetual futures on April 23, 2024 at 9:30 am UTC. The 1000PEPE-PERP market will also go live on Coinbase Advanced, the trading platform targeted for the pro traders.
Pepe price rallied after Coinbase’s initial announcement and today’s update appears to have fueled further gains.
PEPE is now more than 35% up in the past week and could target the key resistance zone near $0.000008. The meme coin reached its all-time high of $0.00001064 in mid-March.
Why is Bitbot creating a buzz in crypto?
At the top of traders’ list of positive factors for Bitbot is the new project’s pioneering non-custodial trading solution.
It’s a feature that brings the secure trading environment that the crypto market on Telegram wants. With Bitbot, unlike current competitors in the market, users retain full control of their assets – simply, its ‘your keys, your wallet, your assets.”
The non-custodial architecture taps into the decentralized digital assets custody technology of Knightsafe, and tops this up with the anti-MEV and anti-rug pull features.
The potential for Bitbot to dominate the crypto trading space is then enhanced by the project’s infusion of AI capabilities with advanced institutional-grade trading tools into a premier Telegram bot.
Bitbot has also captured the crypto market’s attention with its revenue-sharing model, which sets aside 50% of platform income for user incentives. BITBOT will also offer other perks such as trading fee discounts, while the presale has run a great referral program that currently sees participants earn 5% in bonus.
Bitbot’s presale hits $2.7 million
As of writing, the crypto presale for new Telegram trading bot Bitbot is racing through stage 11 with over $2.75 million raised.
The buzz around this project continues to grow with the price of the native BITBOT token now at $0.0163, and likely still a huge opportunity for early project backers.
Experts say the Telegram bots market is still a burgeoning sector that could see massive demand in coming months and years. The overriding factor here could be security for users as AI integration permeates the automated trading sphere.
Bitbot, which will launch its non-custodial bot after its 15-stage presale, could become the top trading bot in the industry given its potentially game-changing features.
Visit the official Bitbot website to learn more.
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