Quivira.Ophir 🛡️🥷💜₿
Quivira.Ophir 🛡️🥷💜₿

@_Quivira

19 Tweets 13 reads Sep 14, 2023
The Biggest Narrative on CT presently
Telegram Bots Narrative.
- Unibot hit 80x
- Loot bot just moved to Base
- unibot closed a partnership with Okx
- Loot bot just partnered with FriendTech
These bots have handled over $190M in total trades.
Let's Dive into this Alpha
🧵🧵
In Web3 Narratives turn to Trends
Trends come and go.
But the Telegram Bot Narrative won't.
Here's why :
The telegram bot narrative is a catching fire . . .
It'll keep burning due to its real utility and convenience for most crypto users.
Let's go.
These bots serve as automated tools . . .
Integrated into Telegram to enable users initiate trades on DEXs
This is possible due to telegram's open-source development
These bots have trading features like :
stop-loss &
take-profit order
copy trading functionality
And more...
The global crypto adoption is massive
More rookies will troop into the DeFi space.
The user interface of these Dapps and Dex will continue to appear strange.
Why stress ?
When with a click of a button you can person same action on telegram.
For those with no experience using DeFi.....
Telegram bots can be the perfect solution.
Why bother going to the website to interact with the protocols when all transactions can be done in just two clicks?
If crypto would spread like wild fire . .
Then this bots will start it
You can chat with Devs on Telegram. . .
And at same time use these bots to :
- create a new wallet
- import one using private keys
Unlike the traditional Metamask . . . These bots handles gas fees seemlessly.
Here are some usecases why I'm Bullish
USECASES :
→ Sniping
→ Copy trading
→ Set take profit
→ Airdrop farming
→ Set stop loss order
→ Buy and sell tokens
→ Anti rug and honey pot detection
As the Competition rises these bots are expanding their usescases from just mere swap functions .
To real time tracking
An overview of different Telegram bots
1.) unibot :
Site : x.com
○ Trading (buy and sell)
○ Sniping
○ Copy trading
2.) Maestro :
Site : x.com
> ○ Trading
> ○ Sniping
> ○ Copy trading
> ○ Other features
4.) LootBot :
Site : x.com
○ Trading
○ Airdrop farming
○ Others
5.) Mizar :
Site : x.com
○ Trading
○ Sniping
○ Copy trading
6.) ChainGPT :
Site : x.com
○ Others
7.) MevFree :
Site : x.com
○ Others
Every new narrative and products has its downside
With increasing demand as hype of these bots ruggers and attackers will ride into it.
For a start always use a burner account when interacting with these bots.
Here are potential risk you should avoid :
• Smart contract risk :
Telegram trading bots require interaction with smart contracts.
When dealing with smart contracts that lack proper auditing,
These bots may be susceptible to vulnerabilities within the smart contract code.
• Security of assets :
Even whej you use an existing wallet . . . Or create a new one within these botge they'll have access to your keys.
It's advisable to link a new wallet rather than your primary one.
Thesebots generate your keys, these grants them access to your info
My Thesis :
Although these trading bots offer :
- speed
- convenience
and specialized features like
- copy trading
- liquidity sniping
- & and MEV protection
It's important to be aware of the risk being posed.
Always calculate your risk.
WAGMI.
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