It’s altcoin season and the bulls are running wild. I’ve prepared my bags and am waiting to see what goes down, but UBXT is one that I’m especially bullish on.
The platform, UpBots, caught my eye months ago with its robust “all-in-one” trading features.
While using the platform I’ve also carefully followed the company’s updates. I must say with the job they’ve been doing it’s no wonder why their token price hit over 0.08 a few weeks ago.
UpBots is comprised of a highly experienced team, is backed by Alameda Research, and provides consistent updates to their community. I have a strong feeling that their UBXT token will moon sometime between now and the summer, especially since their userbase has experienced rapid growth as of late.
Check out this video by CrucibleCrypto to see why UBXT is awesome
The top 3 reasons why UBXT is mooning soon
It’s a community-focused project
Let’s start with perhaps my favorite point, they don’t turn their back on their community. The UpBots team knows the power a loyal community possesses in determining the success of a project. Their staff is super helpful and works around the clock to help users with technical issues and getting questions answered.
Not only do they treat their community with a high degree of respect they also are attentive to their input. For example, when they planned to create a governance token their community didn’t approve of it so much, so they retracted the idea and put the focus back to UBXT. It was what their users wanted in the end.
Making swift changes in strategy and actively listening to the community shows that user experience matters to UpBots. Not only for existing features, but for future ones too.
Their algo trading bots, which trade 24/7 for any trader, were limited to only BTC, ETH, and BNB. They turned attention to looking for partnerships with other projects and created the AVAX trading bot. By actively seeking to provide trading bots for other tokens it shows they’re aiming to give their userbase an assortment of bot options to choose from.
It’s always great to have options with anything. The community-focused strategies of UpBots certainly are a major driving force behind the popularity of UBXT.
Creating scarcity can raise token price
The entire UpBots economy is powered by UBXT. This means any service, collected performance fee, subscription, or payout is made using UBXT.
UpBots has stated in their March 2021 CEO report that their platform has since grown 6x their forecasted amount since their business plan first launched. This surge in users is quite impressive and given their commercial launch is a few weeks out, this can mean an even larger growth in user numbers.
Why would this increase in users matter? The more people use UpBots means the higher the demand will be for UBXT. As users head over to exchanges and fill up their UBXT bags, the price for this token should tick upward.
Now here’s how UpBots is taking full advantage of this. Their token burn program aims to burn 50% of their total supply. This means a reduction from their current supply (500,000,000) to 250,000,000. The combination of reducing the UBXT supply along with an increasing demand for UBXT should drive the token price up.
They’re only just getting started...
UpBots has accomplished so much but they’re still very much a brand new platform. This fact makes the project all the more attractive. With a solid team, funding from top names in the crypto space, several partnerships, and an innovative business model, this is really all just the beginning.
Even their algo trading bots have not yet reached their full potential and they’re showcasing impressive gains. Their newly-created AVAX trading bot has already displayed a +429% gain.
Once algo trading devs begin hosting their own bots on the platform a whirlwind of opportunities shall open. Imagine crypto influencers putting their own bots up (going back to community focus in point #1) and sharing them with their communities?
As detailed in their roadmap, there are also stocks and other trading options they’re looking to include along with crypto. Social copy trading, an education center, and other features are planned down the road. Currently, their newest released feature is their on-platform UBXT staking.
The UpBots team definitely dares to think big and they don’t only dream about it. They back up what they say and deliver what the users want.
So if you’re ready to prepare for the mooning of UBXT come to learn more about it and check out where to buy some. If you want to give UpBots a try before their commercial launch they have a platform demo that’s free to join.