The Secret World of Telegram Bots

Telegram bots have become a substantial niche in crypto, serving memecoin traders with features that justify fees far above those of typical trading front-ends. The article says the bots collectively earned as much as $3M in daily trading fees in June, and that it is common for most of them to charge 1% per trade. It cites Trojan, described as a top 5 Telegram bot by volume, which offers limit orders, dollar cost averaging, copy trading, and per-trade position logs. The author notes that these bots lack strong network effects beyond their user bases, which the article says number over 100k for some.