Telegram Bot Coins Enter the Crypto Marketplace
The cryptocurrency landscape continues to evolve with the introduction of innovative projects, including Telegram bot coins. These coins, used within the Telegram ecosystem, act as automated programs that facilitate trades on decentralized exchanges (dexs) and enable yield farming strategies.
Key Points:
- Telegram bot coins allow users to trade tokens through Telegram in a simple, chat-like environment.
- The leading Telegram bot coin, unibot (UNIBOT), has a market cap of $117 million, representing 84% of the total Telegram bot coin economy.
- mevfree (MEVFREE) is the second-largest Telegram bot coin with a valuation of around $5.7 million.
- The 36 Telegram bot tokens listed on coingecko.com have generated $32.40 million in global trade volume within 24 hours.
- Unibot has a circulating supply of 1 million tokens, with the top ten wallet holders controlling 16.40% of the total supply.
It’s important to note that unibot carries two warnings on its coingecko.com listing, indicating a migration to a new contract and a variable tax function on the smart contract. As a reader, it’s crucial to conduct your own research and exercise caution when trading this token.
Hot Take:
Telegram bot coins have gained significant interest in the crypto community, offering users the convenience of trading tokens through Telegram. However, it’s essential to be mindful of the warnings associated with certain coins and conduct thorough research before engaging in trading activities.
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