Telegram Bot Track Fever

Track Prospect

Since the birth of Telegram trading robots, the transaction threshold has been greatly reduced, and it is easy to conduct on-chain transactions on cell phones. Telegram trading robots, as the existence of on-chain brokers, have pushed the token prices of several projects up strongly. This has led to a wave of Telegram robots. Looking at the Telegram trading bot space, it's clear that it's not a flash-in-the-pan phenomenon. However, the landscape of this field is constantly changing.

The Telegram Bot is gaining traction in the cryptocurrency community as an intelligent trading tool. Back in 2017, Telegram Bot was equipped with the ability to automatically reply to messages and execute user commands. With the rise of the cryptocurrency industry, Telegram has become the most frequently used instant messenger among cryptocurrency enthusiasts. Against this backdrop, Telegram-based trading bots are emerging, which are capable of automating operations such as token exchanges, follow-on trades, data analytics, automated airdrop trades, and asset cross-chaining.

Starting from the second half of 2023, the Telegram Bot ecosystem, represented by Unibot, has rapidly surged in popularity. The track boasts a market capitalization of more than $240 million, and that's just a tiny fraction of the crypto products that rely on Telegram. Wall Street's leading evaluator predicts that the market capitalization of this track could reach $10 billion in 3 years. The Telegram Bot ecosystem is still in its early stages, and has great potential, and is widely considered to be the intersection of Web2 and Web3 in the industry.

The Open Network (TON) is a blockchain-based decentralized computing network designed by the Telegram team in the early days and a whitepaper written by Telegram founder Durove, aiming to become a Web3.0 network that includes the TON blockchain, decentralized storage, an I2P network, instant payments, and highly usable decentralized applications. Web3.0 network. However, the current TON ecosystem is faced with a lack of infrastructure and fewer applications that cannot meet the needs of the huge user base of the Telegram platform, thus affecting the rapid development of the TG Bot track, hence the emergence of the TSP.