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Is it still worth investing in the Unibot and Telegram Bot tracks that have suddenly become popular?

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Is bot just a meme? Can Unibot prove its $140 million market cap is more valuable than DeFi applications Trader Joe ($JOE) and Kyber ($KNC) with smaller market caps?

Original Title: "Is it still worth investing in Unibot and Telegram Bot after their sudden popularity?"

Source: Baize Blockchain

Telegram Bot racing has recently become popular, and the Unibot token has skyrocketed from $2.46 two months ago to $143, with the maximum supply market value (total market value) increasing from $30 million to $140 million within 30 days.

Is bot just a meme?

Can Unibot prove that its total market value of 140 million US dollars is more valuable than DeFi applications Trader Joe ($JOE) and Kyber ($KNC) with smaller market values?

I missed the opportunity to buy $unibot early, can I still buy it now?

What is Telegram Bot?

In short, Telegram Bot is a robot that provides various DeFi trading tools on Telegram. After entering your wallet mnemonic, it can execute certain commands for you, such as token exchange, copy trading, analysis, automatic airdrop trading, asset cross-chain, and so on.

$Unibot has become the leader in the Telegram Bot race with a total market value of $140 million, while all other projects except $WAGIEBOT, which has a total market value of $12 million, are below $5 million.

Most of these projects offer various functions through Telegram or Discord and share revenue with token holders, so they can also be called "real yield" projects.

Unibot's revenue (looks very similar to Safemoon's model):

• 1% transaction fee• When selling tokens, there is a 5% sales tax.

突然爆红后的 Unibot 和 Telegram Bot 赛道，还值得入手吗？

Here the translator has briefly compiled the existing projects in this field:

DeFi Class

Unibot (Trading), WagieBot (Trading and Tracking), Boltbot (Trading), 0x Sniper (Trading), NitroBot (Trading), Xbot (Custom Trading), ASAP (Discord Exclusive), SwipeBot ($ETH, $ARB, $BSC AI Trading), Bridge Bot (Cross-Chain), AI DEV (AI Trading, Token Issuance), All In (AI Trading).

Data Analysis

Cipher Protocol (Analysis), NeoBot (Analysis and Tracking), Meowl (Analysis and Tool Kit), TokenBot (Social Trading), Trace AI (AI Analysis), Scarab Tools (Analysis), BlackSmith (AI Analysis), TrackerPepeBot (AI Analysis and Contract Security Testing), DAGMI (Tracking), First Sirius (Analysis), The DIG (Token and NFT Analysis), WallyBot (Wallet Analysis).

空投埋伏交易

Farmer Friends、LootBot、alfa.society (with airdrop prompt)

Other

EnigmaAI (customizable AI for trading on CEX), NexAI (a bunch of AI tools), 0x1 (multi-functional), MagiBot (privacy).

Why has Telegram Bot narration become popular?

• Most cryptocurrency users are heavy users of Telegram.

• A product that allows non-industry users to easily use.• Unibot ranks in the top 10 for revenue, earning approximately $890,000 per week.• Even Coingecko co-founder Bobby ONG praised them.

• Coingecko, Coinmarket Cap have started collaborating with these bots.

As Bobby ONG said:

One of the biggest pain points in bringing the retail industry into cryptocurrency is the difficulty of using wallets and interacting with DeFi protocols.

A few weeks ago, after experiencing Unibot, I think I now know how the next wave of billions of new users will interact with cryptocurrency. Unibot's idea is simple - to build a fast and simple wallet on Telegram, closely integrated with DEX, to reduce the risk of buying junk coins and following traders.

• Unibot's total market value is now too high.

• It looks like a bot version of Safemoon (collecting transaction fees as revenue and distributing them to token holders).

• Following the trading is indeed good, but do you still remember all those NFT tools? .Alpha opportunities are only the best when they can make money.

• Not sure about the token distribution or how Unibot was initially launched.

However, I do believe that the popularity of Telegram Bot narrative will continue to rise, because:

• Admiration for Unibot has been established.

• Taxation (income distribution for token holders)• Since the launch of Unibot, the team has continuously released new products while envisioning future products.

To be honest, I really like Unibot and regret not discovering it earlier.

Meanwhile, I am very interested in how Unibot will continue to develop or deliver new products in the future.

Can these bots enhance users' trust by protecting mnemonic phrases?

Taxation is indeed a good starting point for these bots, but how far can they go if this pattern is not changed and brought into the public eye?