Telegram Trading Bots – The Latest Hot Crypto Trend That Is Printing 100x Gains

Just a few days ago, CoinMarketCap and CoinGecko added a new hot category of tokens – Telegram Bot Tokens.

Telegram bots have been the best-performing group of tokens on CoinGecko over the past 7 days at the time of writing.

What are Telegram bots?

Telegram bots are automated software designed for decentralized applications. They allow users to execute on-chain trading or farming strategies directly from Telegram.

Users can connect existing wallets to these bots or generate new Ethereum wallets inside the interface.

For hard-core crypto degens, things such as snipers, frontrunners, and copy-trading bots are not a new creation.

However, new types of software such as Maestro Sniper Bot have wrapped these obscure concepts into a powerful and user-friendly tool making them accessible to a much larger audience.

These new apps allow you to swiftly buy and sell tokens at the best possible price, purchase newly launched tokens right after liquidity is added, and set up advanced automated trading strategies.

Maestro is already generating almost $200,000 in fees per day which puts it in the 10th place of all DeFi protocols.

Other types of these bots, such as LootBot, for example, can airdrop farm for you. This means you no longer have to spend hours manually executing tasks required to qualify for a potential airdrop – the bot can perform these tasks for you.

Of course, using these bots carries substantial risk, the most notable one being falling victim to rug pulls and other scams.

You should only invest money you are comfortable losing and never connect your main wallet to a trading bot – create a separate wallet that you use only for these purposes. It’s also a good idea to use a VPN when dealing with any on-chain activity.

Keep in mind that these bots either charge a monthly fee or take a percentage of your trade when you buy and sell – this is how they generate revenue.

But when I talk about Telegram bots printing 100x gains, I’m not referring to the on-chain activities you can…