cryptocurrency

Trading Bots Take Over Messenger Telegram as Crypto Rallies – Bloomberg Law


This year’s rebound in cryptocurrencies is turning messaging platform Telegram into an unlikely marketplace for small traders fearful of missing out on the rally.

A new generation of trading bots, built mainly by anonymous developers, have become favorites among traders seeking to gain access to the wild west of cryptocurrencies: decentralized finance. Their popularity has escalated recently as altcoins have rallied sharply. Tokens tied to automated software programs have more than doubled in market value in just a week to exceed $241 million, according to CoinGecko data.

More crypto traders want to step up their game as the market …



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