Attention shifts to Bitbot as PYTH, IMX, LINK head for FOMO-driven volatility

Pyth token (PYTH), ImmutableX (IMX), and Chainlink (LINK) saw remarkable gains within the previous seven days, printing double-digit surges. The trio experienced increased social media dominance. Sidelined investors might join the craze, translating to potential FOMO-fueled volatility in the upcoming sessions.

Meanwhile, Telegram-based bot Bitbot (BITBOT) positions itself to dominate cryptocurrency trends in 2024, making huge moves since its last month’s launch.

PYTH, IMX, and LINK posed for amplified volatility

Pyth token, ImmutableX, and Chainlink prices jumped 25%, 15%, and 28% over the past week. That saw the altcoins’ market capitalization growing.

📈🗣️ #Chainlink (+34%), #ImmutableX (+23%), and #Pyth (+26%) have all enjoyed impressive market cap growth in the past week. The mainstream crowd is discussing them at high rates, meaning #FOMO should lead to high volatility for these particular assets. https://t.co/ZtbiBgKaDM pic.twitter.com/xTLp8SaG4r

— Santiment (@santimentfeed) February 2, 2024

Santiment pointed out that the upside stance has pushed PYTH, IMX, and LINK’s social dominance through the roof. That might catalyze fear of mission out (FOMO) as sidelined traders jump aboard, welcoming volatile price actions.

Nonetheless, the three tokens highlight bullish dominance, with vital indicators RSI, AO, and MACD suggesting continued upswings for IMX, LINK, and Pyth. Weekend sessions would be crucial in shaping the assets’ decisive price direction.

Bitbot: prioritizing safety in the crypto market

Bitbot is a new trading bot attracting experienced and new investors in the cryptocurrency industry. Harnessing Telegram’s features and popularity, the crypto project creates an unparalleled experience for users, allowing them to securely execute trades while interacting with other investors and friends within the social platform.

Unlike traditional competitors such as Banana Gun and Unibot, Bitbot guarantees security with top-notch safety and autonomy features. Using BITBOT as its in-house token, Bitbot has advanced tools to make online trading secure, fun, and profitable.

Its anti-rug pull features prevent exit scam incidents, which plague new projects in the marketplace. Moreover, newbie investors can profit from experts through copy-trading.

Bitbot has attracted many participants since its 17 January launch. Features like the in-built referral program and easy sign-up procedures have increased its appeal to potential investors.

Bitbot’s future potential

The Telegram trading bot exhibits a bright future, and analysts believe it will be among the assets that could outperform during the 2024 bull run. The project’s presale flourishes as it raises over $400K less than twenty days after launch.

Moreover, Bitbot has seen massive community support. It has over 6,300 participants on Telegram and over 111K followers on X. That highlights investor confidence in the project, setting ground for stable price surges for BITBOT in the upcoming sessions.

The altcoin trades at $0.0105 at presale stage 2, presenting a lucrative discounted deal for enthusiasts. Cryptocurrency analysts trust BITBOT has all it takes to 500x in 2024.

You can find more details about Bitbot presale on the project’s website.

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