Exploring Telegram Bot Coins: A New Wave in Cryptocurrency

Published on October 10, 2023, at 6:40 a.m. EST

Ever heard of Telegram bot coins? They’re an interesting latest area of interest on this planet of cryptocurrencies, emerging from the booming market of Telegram trading bots. Let’s dive into what these coins are all about, their significance, and a few of the popular ones making waves immediately.

Understanding Telegram Bot Coins

So, what exactly are Telegram bot coins? Think of them because the utility tokens powering Telegram trading bots, cutting across various sectors like decentralized finance, web3, AI, and NFTs.

These bots are user-friendly and offer a variety of services—all the pieces from trading and staking to blockchain analytics and wallet management.

Recently, Telegram coins have seen a surge in market capitalization and global interest, hinting at growing investor confidence.

How Do Telegram Bot Coins Function?

While Telegram bot coins enhance the advantages of using these bots, they do not necessarily change the bots’ core functions. Instead, they supply specific perks to their holders, equivalent to:

• Discounts and perks: Token holders often pay less for bot services and should access premium features based on their holdings.
• Lower trading fees: Those with tokens can enjoy reduced transaction costs.
• Staking rewards: Some bots share revenue with token holders as a reward for holding onto their coins.
• Governance rights: These tokens can grant holders voting power in decisions affecting the bot’s future.

Top 5 Telegram Bot Coins You Should Know

If you are curious about diving into the world of Telegram coins, listed below are five which have garnered attention:

1. Unibot (UNIBOT)

Unibot is a game-changer, allowing users to trade crypto on Uniswap V3 directly through Telegram. With features like token sniping and replica trading, it’s quite the tool.

UNIBOT, its native token, is built on the Ethereum blockchain, with a supply of 1 million tokens. After its fair launch in April 2023, the token underwent a contract migration to enhance liquidity.

Holders of UNIBOT profit from transaction fee shares, fast transactions, and a user-friendly interface with low costs.

2. Image Generation AI (IMGNAI)

ImgnAI harnesses AI to show text into images, serving each Telegram and Discord users. Its flagship product, Nai, offers these creative capabilities.

Nai is free, but a premium version is within the pipeline, promising NFT minting, 4K rendering, and exclusive styles. IMGNAI, the utility token, launched in early 2023, has a supply of 1 billion tokens.

Token holders can access premium features and beta models, with a revenue-sharing model on the horizon.

3. ChainGPT (CGPT)

ChainGPT is a pioneer for users latest to DeFi and blockchain, offering a friendly interface and robust features.

Launched in April 2023, CGPT serves as the muse for the ChainGPT ecosystem, enabling access to AI features inside and beyond crypto.

The token supports staking, yield farming, voting, DAO access, and dividends for holders.

4. DexCheck (DCK)

Powered by the BNB Smart Chain, DexCheck offers analytics and tracking tools for BRC-20 tokens and NFT trading.

Its token, DCK, accomplished its Initial DEX Offering in July 2023, with a supply of 1 billion tokens.

DCK holders enjoy pro tools, governance, staking rewards, early access to coins, and premium support.

5. LootBot (LOOT)

LootBot makes airdrop access a breeze, with an automatic interface for minting NFTs and swapping tokens.

Unlike traditional bots, LootBot allows multiple wallet access and airdrop entries with a paid membership.

LOOT, its native token, offers service discounts and boasts a supply of 10 million tokens.

Are Telegram Coins a Risky Bet?

Indeed, investing in Telegram bot coins carries risks. Their value is closely tied to the success of the Telegram bot ecosystem they belong to, making them riskier than more established cryptocurrencies like Bitcoin and Ethereum.

Always conduct thorough research and invest only what you’ll be able to afford to lose in case you’re considering Telegram bot coins.

Image Credit: unchainedcrypto.com