# Bitbot Token Gains Momentum as Avalanche Leads Altcoin Recovery
**Summary**:
Avalanche (AVAX) is gaining ground as one of the top performing altcoins, signaling a potential rally to $100 with double-digit gains. Meanwhile, Bitbot (BITBOT) is generating a wave of interest with its presale, highlighting investment potential in Telegram’s crypto trading landscape.
Avalanche has seen a 12% surge, reaching $35, marking an 8% increase in the past week. Analysts are optimistic about its future potential, fueled by its growing traction as a smart-contracts Layer 1 blockchain, and upcoming events such as Bitcoin’s halving. These factors could drive AVAX towards a rally like the one witnessed when it soared from $9 to $50 in 2023.
On the other hand, Bitbot’s upcoming launch of a new Telegram trading bot is drawing attention to its advanced trading capabilities and security features, positioning it to dominate the Telegram trading space. BITBOT’s presale has seen substantial interest and has raised over $346k. It offers governance rights, revenue share, trading discounts, and access to presale gems in the market.
## Avalanche (AVAX): A Potential Rally to $100?
Avalanche (AVAX) has shown strong momentum, prompting analysts to forecast a potential rally to $100 due to its growing traction as a smart-contracts Layer 1 blockchain and expectations ahead of Bitcoin’s halving. Amid the bullish outlook for the Avalanche network, it could emerge as one of the top altcoins currently trading below $100.
## Bitbot (BITBOT): Redefining Telegram-based Crypto Trading
Bitbot stands out with its upcoming launch of a new Telegram trading bot, focusing on users’ asset security through non-custodial trading and offering institutional-grade tools to retail traders. Its presale has gained significant traction, offering governance rights and access to various network features.
## BITBOT Presale Draws Traders
Bitbot’s presale has garnered substantial interest, raising over $346k so far. The token aims to provide governance rights, revenue share, trading discounts, and access to the best presale gems in the market.
For further details on Bitbot, visit their [website](https://bitbot.tg/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=investment_opportunity).
## FAQs
### What is Bitbot (BITBOT)?
Bitbot (BITBOT) is a token that aims to redefine Telegram-based crypto trading with its upcoming launch of a new Telegram trading bot, offering advanced trading capabilities and security features.
### Why is Avalanche (AVAX) gaining momentum?
Avalanche (AVAX) is gaining momentum due to its growing traction as a smart-contracts Layer 1 blockchain and positive expectations ahead of Bitcoin’s halving, signaling a potential rally to $100.
### How much has BITBOT presale raised so far?
BITBOT’s presale has raised over $346k as of now, showcasing significant interest from investors and traders.