Bitbot price forecast as Uniswap (UNI) and PepeCoin (PEPE) rebound

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Written on Feb 24, 2024

Reading time 3 minutes

UNI jumps 80% following the recent governance proposal.
Pepecoin sees an upward move as the broad market retreats.
Bitbot gains momentum as it transforms the trading bot sector.

The crypto market flashed bearishness on Saturday as Bitcoin price plummeted beneath $51K. Top altcoins followed suit, with Ethereum, Solana, and Cardano recording significant declines.

Nevertheless, PepeCoin (PEPE) and Uniswap (UNI) defied the odds with notable bounce backs, whereas game-changer Bitbot (BITBOT) showcases strengthening momentum.

Uniswap gains over 70%

Uniswap (UNI) dominates trends following its phenomenal uptick that saw it skyrocketing by 80% in the past 24 hours. The altcoin changed hands at $12.71 at press time. The upswing saw it overcoming the obstacle at $12.556, indicating possibilities of extended upsides.

Meanwhile, UNI’s ongoing rally emerged after the latest Uniswap Foundation proposal to reward stakers and holders for delegating their coins from DEX’s fees.

Uniswap finally proposes to share revenue with UNI token stakers. Chart exploding on this "proposal" which hasn't passed yet.

If we get a pullback to the $8 range I'll be looking to long. This is the biggest blocker for Uniswap narrative for the past 3 years.… pic.twitter.com/Ph51DvmLxp
— VirtualBacon???????? (@VirtualBacon0x) February 23, 2024

UNI’s daily trade volume climbed to $2.33 billion, following a whopping 1898.78% jump. Indicators suggest more uptrends for the alt in the upcoming day.

Keeping the $12.556 resistance away will open the gates for upswings toward $14. Continued buying activities will likely push Uniswap prices to $15.5 during the weekend.

Bitbot: World’s first self-custodial trading bot

Telegram-based trading bot Bitbot reflects significant potential in its presale stages, and proponents believe it will be among the top-performing crypto projects in 2024.

Telegram trading bots have seen increased traction lately, and their overall market capitalization has exploded past $670 million.

These trading tools capitalize on Telegram’s massive community as an information hub. However, security remains a concern in this space. For instance, Unibot and Banana Gun saw security attacks that triggered significant value loss.

Bibot wants to change this ugly phenomenon by introducing self-custodial services and high-end security features. It has reflected impressive momentum during the presale stages, raising $700 million so far.

Its ultra-flexible wallet management ensures top-notch safety for non-custodial solutions.

Further, the anti-MEV features prevent fraudulent activities such as rug-pulls. The project uses BITBOT as its native coin, which seems to have all it takes to explode this year.

BITBOT 2024 forecast

The altcoin traded at $0.0116 at press time, and its superior features present a massive opportunity for enthusiasts. The project’s presale confirms investor confidence in its future, and analysts believe BITBOT’s price will grow 100x upon official launch, offering immense returns to its investors.

PEPE’s revival

While the broad market displayed red, Pepe Coin saw a brief rebound over the past day. The meme crypto gained 0.56% on its one-day price chart to hover at $0.000001193.

Moreover, its daily trading volume soared 85% to $264 million, reflecting increased trader activity. PEPE rallied on Friday as top exchanges, including OKX and Bitstamp, teased enthusiasts with related posts on X.

You can join the Bitbot bandwagon via their website.

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