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BoltBot Is Setting The Crypto World Alight After 300% Pump. Just Another Scam?

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

BoltBot
BoltBot

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BoltBot is an ERC-20 crypto project on a mission to help traders place trades quickly and efficiently to maximize profit. It offers its users security and a user-friendly interface to conduct trading activities.

Its utility token, BOLT, shows positive price action today, trading at $0.4586 with a 331.34% price increase in the last 24 hours. Also, its trading volume is up by 1559.38% in 24 hours.

Although there is no official report of Boltbot being a scam project, investors must exercise caution with crypto investment due to associated risks.

BoltBot Struggles to Overcome The Bears Despite Recent Gains

BoltBot
Source: Tradingview.com

BOLT is in the green today, attempting to shake off the bearish pressure of the past five days. However, despite its price recovery, it is still trading below its 50-day and 200-day Simple Moving Averages (SMA), a short and long-term bearish sentiment.

Also, its Relative Strength Index (RSI) value is 43.87 in the neutral region between the oversold region of 30 and the overbought region of 70. Also, the RSI indicator moves sideways, showing price neutrality and the contest between the bears and bulls for control.

BOLT’s Moving Average Convergence/Divergence (MACD) is below its signal line with negative values, a bearish sentiment. However, the MACD’s Histogram bars are fading, hinting at a possible rally ahead. 

BoltBot Support And Resistance Levels

BoltBot
Source: Tradingview.com

BOLT is trading just above the $0.003070 support level today. The bulls sustained their price above $0.002634 since June 25.

However, the bears at the $0.003459 resistance level limit further gains. A break above this level will see BOLT retest the $0.004127 resistance level. BOLT will likely retrace in the short term before a long-term resurgence.

Factors Affecting BOLT’s Price

Recent developments in BoltBot’s ecosystem are likely behind the recent price surge.

BoltBot Completes First Revenue Distribution

BoltBot recently completed its first revenue share distribution on July 15. According to the report, $1,551 BOLT moved to Tier 1 holders proportionally based on the amount of $BOLT tokens held. 

These top holders earn up to $0.1 ETH a week based on the distribution ratio. The top holders possess a minimum of 7.5 thousand $BOLT tokens. Such benefits will likely boost investor interest in the tokens. 

BoltBot Release New Version Of BoltScanner 

BoltBot announced the release of the latest version of BoltScanner for their users. The new version offers users access to vital data such as Marketcap, 1-hour price change, 5-mins change, data on the richest holder, and buy options for the tokens. The increased functions will likely attract more users to the ecosystem. 

BoltBot Alternative

While BoltBot records massive gains, environmental preservation remains a vital issue. Users can also take advantage of another exciting eco-friendly project on presale. 

Chimpzee (CHMPZ)

Chimpzee is an eco-initiative focused on the preservation of nature and wildlife sustenance. Its primary focus is on endangered species, trees, and other species living in their natural habitats. It relies on Web3 technology backed by blockchain security to achieve its goals.

$CHMPZ is the native token granting users unrestricted access to activities within the ecosystem. Currently, CHMPZ is on presale, and early investors will likely earn exciting rewards at the end of the presale. 

Chimpzee Backstory And Gameplay

Chimpzee developers reveal the captivating storyline behind the project. In the African jungle, a fictional character Max Chimpzeeski portrayed as a scientist, desired to save animals and plants from extinction.

Consequently, he forged a weapon to combat illegal poachers, killing endangered wildlife and deforestation activities. 

Chimpzee is a weapon forged to safeguard the environment and endangered species. Based on the avatar image, it is part ape, part man, and part machine. This storyline is embedded in the gameplay mode making the project already a potential success.

Key Features

Chimpzee creates sufficient opportunities for its users to earn rewards for their engagement in activities. 

  • The Chimpzee Shop: The shop features a Shop-to-Earn (S2E) model where users earn CHMPZ tokens for shopping and receive additional income.
  • World-class NFT Marketplace: The NFT marketplace models the Trade-to-Earn (T2E) feature. Users trade NFTs for rewards, also boosting their profit. 

Also, users transacting on the NFT marketplace receive a fraction of the platform’s trading fees as rewards. Additionally, NFT passports serve as means of identification.

  • Zero Tolerance Game: This game features a play-to-earn (P2E) model rewarding users with CHMPZ tokens for active participation in gaming activities.

CHMPZ Presale

CHMPZ tokens are currently on presale, offering investors opportunities to get in early on this exciting project.  

The presale is at stage 7, and each token is worth $0.0007. Interestingly, 1 USDT converts to 1429 CHMPZ quite affordable for investors to massively accumulate these tokens. 

However, a price increase will occur in 2 days, moving the token’s price to $0.0000775. The presale is above the $893,000 milestone, close to its $1.14 million target in the current presale stage.  

It will list officially at $0.00185. This listing price will potentially reward initial investors with paper gains of 176%. Also, CHMPZ holders will receive up to 125% bonus coins on early purchases. 

How To Buy

Users can acquire CHMPZ following these simple steps.

  1.  Install a reliable crypto wallet like MetaMask or Trust Wallet that supports Wallet Connect. MetaMask is most suitable for desktop devices, while Trust Wallet is preferable for mobile users.
  2. Click on Connect Wallet on the website.
  3. Choose your purchase method, either Credit card, ETH, or USDT.
  4. Carefully review the details of your transaction and confirm.

You can claim your tokens from the website once the presales are over. However, a 30-day vesting period after the presale is mandatory. Once the 30 days ends, connect your crypto wallet to the website and click the claim button to receive your tokens.

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