Unibot holds onto its first mover status in the Telegram crypto trading bot sector and $UNIBOT price is supported by a growing user base growth, real yields and whale accumulation.
However, the project entails smart contract risks, as multiple contracts interact with Uniswap to execute trades via Telegram, increasing the attack vector for hackers.
Exchanges like Huobi, Gate and Bitget also hold significant amounts of UNIBOT tokens. Nansen’s tweet also reported that on-chain movements show one “address funded by Binance, which has been buying relatively small amounts of UNIBOT consistently,” which could allude to listing on Binance. Nevertheless, if the worst doesn’t happen, Unibot’s utility and real yield from the UNIBOT token will likely continue to push its price higher.
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