CoinGecko has just added a new category for the most popular Telegram Bots Tokens to their website. That's because more and more Telegram crypto bots with built-in wallets are launching with their own native tokens. Some of these bots, for example, help degens trading on DEXs or airdrop farming.
Are they the next big trend among degen traders? Let's check out the three most popular ones.
According to the latest data from CoinGecko, the three Telegram Bots Tokens with the highest market capitalization are Unibot ($UNIBOT), LootBot ($LOOT), and Collab.Land ($COLLAB).
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1. Unibot ($UNIBOT)
The Telegram Bot Token with the highest market capitalization by far right now is Unibot. Unibot is a trading bot on Telegram that claims to be six times faster than trading on Uniswap. The bot has some special features like limit orders, copy trading (called Mirror Sniper), a tool to maximize your selling potential and private transactions so that no one can see your trades.
If you hold the native token $UNIBOT, you can receive 40% of transaction fees and 1% of the total $UNIBOT traded volume. The rewards are calculated every two hours and are claimable after 24 hours. You must hold at least 50 $UNIBOT tokens to be eligible for the revenue share.Â
project website: https://unibot.app
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2. LootBot ($LOOT)
The Telegram Bot Token with the second highest market capitalization is LootBot with the ticker $LOOT. LootBot is currently located on market cap rank #1092 and has a much smaller market cap than Unibot.
LootBot automates interactions on the blockchain and serves as an efficient interface for numerous chains. You can either create your own task or you can follow automated tasks that could help with certain tasks like Airdrop Farming.
project website: https://lootbot.xyz
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3. Collab.Land ($COLLAB)
Collab.Land is a community management tool that curates membership based on tokens. Before allowing new members to join your community, the bot will verify that they have the necessary tokens. It will also perform regular checks to ensure that they continue to meet the requirements for membership.
Collab.Land already exists for more than three years now and it can easily be integrated into groups on Telegram and Discord.
project website: https://www.collab.land
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My Opinion On Telegram Bots Tokens
Telegram Bots with integrated crypto wallets are by far nothing new. They are around for a couple of years already and started as tipping bots that could be integrated into groups on Telegram. The significant difference is that many of them are starting to launch their own native tokens.
Personally, I would only fill these kinds of wallets on Telegram with play money only, not more than I am willing to lose. The reason is that using these kinds of wallets on Telegram is actually very risky and you may end up losing all your funds. There is a possibility that some of these could be a rug pull or pose a security risk by storing private keys. It is extremely important to exercise caution when interacting with Crypto Bots on Telegram, even though interacting with them is very convenient.
What do you think about coins and tokens from Telegram Bots? Will They be the next big thing among degen traders now that $PEPE and $PEPE 2.0 already have become boring to them?
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