A Report From #Binance For These Altcoins! Will he list it?
New altcoins are constantly emerging in the rapidly developing cryptocurrency world. The most recent one that has attracted attention from these is Telegram bots. Recently, Binance Research published a report that sheds light on these bots, which allow crypto users to perform various activities in a user-friendly way via their mobile devices. This development has led to speculation about whether Binance will consider listing the relevant tokens. This has contributed to the buzz surrounding the new trend. Here are the details…
Binance has published a report for bot projects.
Telegram bots have attracted user interest in the field of BTC and altcoins with rising token prices and media coverage of important opinion leaders. These bots offer a wide range of functions, including trading, sniping, airdrop farming and more, making crypto activities accessible and simple on mobile platforms. The figures speak for themselves, with the cumulative lifetime volume of transactions facilitated through Telegram bots exceeding $ 190 million and a record daily transaction volume of $ 10 million recorded on July 23, 2023. Moreover, the revenue model of these bots involves charging users transaction fees and, in some cases, purchase or sales “taxes” for transactions involving the bot's native token. As a result, the total revenue generated by Telegram bots reached $ 28.7 million.
One of the factors contributing to the growing interest in Telegram bots is the ease of use they offer, especially for non-sophisticated DeFi users. These bots provide an alternative environment for conducting crypto activities through mobile devices. It offers a smoother experience compared to some existing bulky front-Octobers that may require additional steps. In addition, proponents of Telegram bots argue that they can play a very important role in attracting new users to the crypto world. With Telegram boasting over 800 million monthly active users, this large user base represents an important Sunday for potential crypto expansion. As the interest in these bots has increased, the market capitalization of altcoins related to bots has already exceeded $ 150 million. Many tokens have experienced exponential growth in a short period of time.
Which altcoins stand out?
among the important players in this field is UNIBOT.Dec. UNIBOT token, which represents more than 77% of the market by Sunday value, stands out. The growing interest is also manifested in the increase in Google search queries related to this sector. Dec. However, it's important to recognize that interacting with Telegram bots comes with its fair share of risks. This sector is still in its early stages. Therefore, users should be careful before interacting with any bots. It should also conduct thorough due diligence. Some of the potential risks are that bots require access to private keys. This includes the security of assets and smart contract vulnerabilities that can lead to critical problems. #BTC #crypto2023 ypto2023