UNIBOT Reaches $200 Price, $180M Market Cap in July

Unibot is a Telegram-based platform that connects users to Uniswap and rewards them with spot ether for trading. Since its launch in May, the token has surged 200x.

Users can swap, snipe, and mirror trade tokens with lightning-fast speeds and low fees. The platform also pays out spot ether (ETH) to its token holders based on the revenue generated.

The UNIBOT token, which powers the platform, has seen a massive increase in price and popularity since its launch in May.

The token has spiked 40% in the past 24 hours, hitting the $200 level, and has more than tripled since the start of July. As of Friday, the token has a market capitalization of $180 million.

Early holders of the token are sitting on nearly 200 times their initial capital as the niche sector token quickly gained favor among investors.

The token is available on Uniswap and other DEXes, as well as on Unibot’s website.

Unibot Features and Benefits

Unibot offers a range of features and benefits that make it a unique and attractive platform for traders. Some of these include:

• Lightning-fast multi-wallet swaps: Users can swap tokens with multiple wallets simultaneously without leaving the Telegram app. They can also sell their tokens easily by selecting them from a user-friendly list.
• Lightning-fast private transactions: Users can trade tokens securely and swiftly with private transactions, protecting themselves from front-running and sandwich attacks. Their transactions are shielded from these unwanted practices and sent to multiple private nodes and MEV relays for optimal speed and security.
• User-friendly method sniper: Users can snipe tokens on launch by simply entering a token contract. They can also use the ERC-20 launch scanner channel to see new tokens as they are deployed and import them to the sniper with one click.
• Comprehensive mirror sniper: Users can effortlessly mirror the snipes and front-run buys of fellow traders. They can create a list of trader wallets they want to copy trade and begin mirroring their trades with ease.
• Token value monitor: Users can monitor the value of their tokens in real-time and get alerts when they reach certain thresholds.

Unibot Revenue Share and Growth Potential

One of the most appealing aspects of Unibot is that it pays out spot ether to its token holders based on the revenue generated on the platform.

According to on-chain data, Unibot has garnered 3,600 ether in fees since the platform went live in May, paying out a portion of this straight to token holders.

Token holders are also eligible for 40% off swap fees, as well as referral bonuses for inviting new users. They can also participate in discussions focused on feature development and trading strategy in an exclusive Telegram group.

Unibot has seen a steady increase in users and volumes since its inception. Users have grown from just over 2,000 at the end of June to 6,500 on Thursday.

Average daily volumes on Unibot stand at just above $5.5 million, still far from volumes of $900 million daily on market-leading DEX Uniswap.

However, Unibot has a lot of room for growth as it taps into the huge potential of Telegram-based trading. Telegram has over 500 million active users worldwide, many of whom are interested in crypto and DeFi.

Unibot makes it easy for them to access Uniswap and trade tokens without leaving their favorite messaging app.

Unibot is also constantly improving its features and services, adding new functionalities and integrations to enhance the user experience. For example, it recently launched a snapshot claim for those who held tokens before migration.

If you would like to learn more about Unibot or test its features, you can visit its website or join its Telegram channel.