BREAKING DOWN THE TELEGRAM BOT TREND

Summary from the TLDR Crypto newsletter

Telegram trading bots have been all the rage over the past month or so. These bots can automate all manner of on-chain transactions, such as sniping DEX listings, tracking wallets, managing airdrops, and bridging funds. They provide a simple interface on a platform that many crypto users are already spending vast amounts of time on for regular peer-to-peer communications, making them an ideal solution for a number of core issues in crypto, like poor user interface. Protocols like Maestro and Unibot are leading the market - Maestro is generating over $140k in daily fees, and Unibot's token has surged over 100x in just two months.