 | I did quick research on telegram bot tokens like $UNIBOT & upcoming banana etc. (Important to note that top 3 dominant bots, UniBot, Maestro & BananaGun, only unibot has token for now) First I was interested to check Telegram T&C to see if any of this is against terms, didn't find anything. (Can do with help of legal expert). Biggest pro abt these bots is low costs since they are based on Telegram, no hosting costs etc. Biggest con is cloning, its super easy to clone. Market will exist but mcap will separate on many. Top bots by users dominated by UniBot, Maestro and Banana Gun Second biggest con is the way these bots are monetized with taxes that mainly depend on revenue generated from shit meme hype trading which in my opinion won't ever attract big money. It will always be a small niche due to zero value provided. Pepe meme economics are zero sustainable, keep that in mind. Meme trading is something you do literally as side hobby, I think of it as am trading pfp NFTs. Instead of the apes pics, its the social influencer of twitter users who are in the trade hyping some xyzinu token. Be careful from over sticking with this trade. Also don't allocate much to this from your crypto budget, its supposed to be fun activity not serious shit that can affect you knowing how 90% of these tokens barely stay alive a month, if you hit juicy gains, exit without thinking twice, you got lucky. BTW not convinced with specific bots niches ex. bots that generate revenue based on specific social activity. Bot project must include everything in demand without any excuse since again, costs to run bot are very low. Stay up with market trends all the time. Also going slow on activity will instantly trigger holders to look at next shiny cloned object. Overall, not too hyped with the bot trade, there will be clones upon clones, I think 50-100M$ mcap is the absolute top of any bot token not because of current p/e rate but based on future one which I expect to drop, UNIBOT best market indicator for now. Best catalyst for bots is big exchanges going under ex. binance. I personally prefer to trade on DEXs but don't like to expose private keys regardless of any security measures. (These bots generate your private key and claim to be safe) Some fun note to add is with all this being said, p/e of bots is much better than most legacy Defi and alts projects (yeah we are peak bots hype so numbers looking good but still the gap is many X's, crypto generally have horrible rates including top layer 1s and still depend on speculation more than anything else). Bots revenue comparison: https://dune.com/whale_hunter/dex-trading-bot-wars UniBot stats: https://dune.com/whale_hunter/unibot-revenue Defi revenue: https://tokenterminal.com/terminal?panel=fees [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments