The Telegram bots that will lead us to our 100x have arrived!
With the sniper wars just heating up, @BananaGunBot is set to fan the embers into a roaring inferno. ๐ฅ
Will @TeamUnibot remain as the king of trading bots?
Let us find out. ๐งต๐ฝ
Banana Gun
$Banana is a telegram trading bot that specializes in sniping.
With custom RPCs, users have claimed that they are able to process their snipes at faster speeds compared to @MaestroBots and @TeamUnibot.
Features
After setting up your configurations such as Gwei and your wallets, there are only a few short steps needed to start sniping:
1๏ธโฃ Paste the token CA.
2๏ธโฃ Select number of wallets to be used.
3๏ธโฃ Your snipe is now live and will fire on launch!
โ Banana also has some cool features such as anti-rug, which enables users to sell their tokens before liquidity is pulled.
๐ Users can preset the Gwei they wish to use so as to frontrun the rug.
๐ค Some have debated that such a feature is easily bypassed by private TXs.
Banana Analytics
The user stats are looking incredible at first glance, with a nice rising trend and over 2500 users yesterday.
Some have pointed out the volume is incentivised, however the number of users remain high despite the airdrop only being for NFT holders.
The ETH revenue gained yesterday amounts to almost 18 ETH.
If we compare this to $Unibot's revenue (purely from using Unibot), we can see that they match up quite closely for now.
However, if we look at the numbers per user, Unibot has the edge over Banana.
Average fees gained per user is much higher for Unibot.
๐ This could be attributed to the fact that Unibot users are regularly trading as opposed to just sniping.
Battle of Titans
Currently, we observe that Banana has an edge over Unibot mainly in speed.
Some (including myself) argue that Unibot's value proposition lies not in its sniping abilities, but in its friendly UIUX.
The following picture says it all.
First Mover
Despite being released not too long ago, Unibot has secured multiple partnerships/integrations which include:
๐ฆ CoinGecko
๐ต Base
๐ฆ OKX
Being earlier has enabled them to establish a larger footing in this space as of now.
There is some catch up to be done for sure and the Banana team acknowledges this.
Some updates will include:
๐ Limit orders
๐ป Web dApp
๐พ Multichain
Presale
The topic of the week has been Banana's 800E ($1.3M) presale.
This amount has been criticized to be exorbitant, especially in current market conditions.
The main arguments are:
๐ค Team greed
๐ Big presale dump
๐ฐ 4/4 tax despite 800E raise
I have gone around asking a few Banana enthusiasts for justifications.
The main reason is that the team requires large funds for high quality development.
It is also to be noted that the tax distribution is:
๐ 2% - token holders
๐ 1% - team
๐ 1% - treasury
So we can see that holders do benefit more from the taxes as opposed to just the team.
Besides that, there is also some nice revenue share from the bot volume.
40% is equivalent to the share that Unibot holders also receive.
The team has also hinted at a burn ๐ฅ in the future.
The Banana bot will have Ape-To-Earn, which allows users to receive some cashback from trading on Banana.
The team states that this will ignite a flywheel whereby:
โก๏ธ Emissions attract users
โก๏ธ Users use Banana
โก๏ธ Increase in fees
โก๏ธ More Banana buyers
โก๏ธ Treasury Buybacks
๐ Unibot also has a flywheel effect with its revenue model and 20% fee discount for holders.
๐ Although it does not provide trading incentives, there are no future emissions to worry about.
Conclusion
Strong competition means better products for users.
Also, potentially new investment opportunities.
Who do you guys have winning the Bots Wars?
$BANANA and $UNIBOT fans may fight it out in the comments below!๐