In recent years, the Telegram Bot track has risen rapidly and become a highlight in the cryptocurrency field. In particular, the Unibot token has skyrocketed from $2.46 to $143 in just two months, and the total market value has increased from $30 million to $140 million in 30 days. This phenomenon has attracted widespread attention and discussion. So, is the Unibot token worth investing in? What is its future potential? This article will explore these issues in depth.
What is Telegram Bot?
Telegram Bot is a robot that provides various DeFi trading tools on the Telegram platform. Users can use these robots to execute token swaps, copy trading, analysis, automatic airdrop transactions, asset cross-chain and other instructions by entering wallet mnemonics. As the leader of this track, Unibot is far ahead of other projects with a total market value of $140 million, such as WagieBot (total market value of $12 million) and other projects with a market value of less than $5 million.
Unibot's revenue model
Unibot's revenue model looks similar to Safemoon, and mainly includes the following two parts: - 1% transaction fee: A 1% fee is charged for each transaction. - 5% sales tax: When selling tokens, users are required to pay a 5% sales tax.
These revenue models make Unibot a "real income" project, sharing revenue with token holders, which increases its appeal.
Existing projects in the Telegram Bot track
In addition to Unibot, there are many other projects in the Telegram Bot track, covering multiple fields such as DeFi transactions, data analysis, and airdrop transactions. Here is a brief introduction to some major projects:
DeFi: WagieBot, Boltbot, 0xSniper, NitroBot, Xbot, ASAP, SwipeBot, Bridge Bot, AI DEV, All In
Data Analysis: Cipher Protocol, NeoBot, Meowl, TokenBot, Trace AI, Scarab Tools, BlackSmith, TrackerPepeBot, DAGMI, First Sirius, The DIG, WallyBot
Airdrop Ambush Trading: Farmer Friends, LootBot, alfa.society
Others: EnigmaAI, NexAI, 0x1, MagiBot
These projects provide various functions through Telegram or Discord and share revenue with token holders, forming a diverse ecosystem.
Reasons for the rise of Telegram Bot
The rapid rise of Telegram Bot is mainly due to the following reasons:
Broad user base: Most crypto users are heavy users of Telegram.
Easy operation: These robots can be easily used by users outside the circle, lowering the entry threshold of cryptocurrency.
Strong income ability: Unibot ranks in the top 10 in terms of income, about $890,000 per week.
Industry recognition: Industry insiders, including Coingecko co-founder Bobby ONG, have praised it.
Bobby ONG pointed out that one of the biggest pain points for the retail industry to enter cryptocurrency is that it is too difficult to use wallets and interact with DeFi protocols. Unibot has significantly reduced the risk of buying junk coins and copying transactions by building a fast and simple wallet on Telegram and tightly integrating with DEX, making DeFi transactions on mobile phones easier.
Opportunities and risks
Opportunities: MaestroBots' success: With a weekly income of $1.1 million and the launch of tokens, it has become the second most used Telegram Bot.
Unibot's innovation: The new trading terminal Unibot X is integrated with GeckoTerminal, bringing more trading opportunities.
CEX listing boom: The CEX listing boom of tokens in the Bot field is on the rise.
The popularity of Twitter robots: Twitter robots are becoming mainstream, further expanding the market potential.
Risks: Low degree of decentralization: Importing mnemonics into these "centralized applications" may lead to serious losses once hackers attack.
Self-regulatory issues: Do these bots have sufficient self-regulatory mechanisms to ensure the safety of user assets?
Hidden dangers of high market value: If the total market value of Unibot exceeds US$300 million, will it cause market concerns?
Sustainability of revenue model: Currently, revenue mainly comes from taxes. Can this model be maintained in the long run?
Conclusion: Although the Telegram Bot track is still in its early stages, its development potential cannot be ignored. As the leader of this track, Unibot has attracted the attention of a large number of investors with its innovative revenue model and strong market performance. However, while investors pay attention to its opportunities, they also need to be wary of potential risks.