TradeBot price

TRADEBOT

#5897

At launch, the total circulating supply of TradeBot was 1 billion tokens. To fund the project’s marketing, operations, and further development, the developers purchased approximately 220 million tokens upfront. This allocation was strategically divided as follows:

• Marketing: 50 million TRADEBOT
• Operations: 50 million TRADEBOT (including cloud costs, website development, and social media tools)
• Development and Core Algorithms: 120 million TRADEBOT

TradeBot introduces an innovative self-healing technology through a buy-and-burn approach, leveraging community revenue streams to purchase and burn tokens. This process serves two primary purposes:

1. Increase in Token Price: Regular token purchases increase demand, driving up the price.
2. Community Assurance: Burning tokens signals to the community a commitment not to dump tokens back into the market, fostering trust and confidence.

TradeBot's community is actively developing multiple revenue streams to support this self-healing mechanism, including a software development company, a trading engine, and various community events such as car shows and comic conventions. The trading engine, which is already operational, trades against major cryptocurrencies and generates monthly returns between 1% and 8%. These profits are used to buy and burn TRADEBOT tokens, ensuring a consistent revenue stream to support the token's value.