Telegram Bot Industry Leader Data Analysis

Recommended Reading
2023-12-05 23:37:25
Collection
The next potential hype track, TeleBot.

Title: "TeleBot Track Leader Data Analysis"

Author: RiYueXiaoChu


Looking for the next potentially hyped track, TeleBot. The total market cap of the entire track is only about 200 million USD, with a daily income of 500,000 USD, truly a money printer.

1. The main projects of TeleBot trading Bots are three: banana Gun, Maestro, Unibot. Among them, Maestro has not issued tokens, Unibot's circulating market cap is 61M, and banana's circulating market cap is 38M.

2. User Numbers


1) The number one in user count is always Maestro (not issued), the second is banana Gun, and recently in the last two weeks, the third is BonkBot. Unibot's user count is several times lower than the top three, as of November 30, the user counts for the top three are 5247, 4427, and 3636 respectively. Unibot, however, only has 557, which is 9 times less than the first place.


2) We found that despite the improvement in the market, from September to November, the user count did not show a significant increase, indicating that the users of Telebot are relatively fixed at this time.

3) At the same time, we also found that from September to November, Unibot's user count was further squeezed by banana. In September, banana's user count was about twice that of Unibot, but by November, it had become about 8 times.

3. Trading Volume Data


1) From the overall trading volume perspective, Telebot's trading volume increased by 3 to 4 times during the hot market in November compared to October. However, as of November 30, the daily trading volume was around 40 million USD. In comparison, Uniswap's daily trading volume was 1.14 billion. Balancer's daily trading volume was 37 million USD, which is basically comparable to Telebot. Considering that there are many arbitrage bots and MEV bots in DEX, the actual trading volume of Telebot can rank between 6th to 10th in DEX.


2) Banana Gun and Maestro are in a leading position, neck and neck. However, according to the data from November 30, Unibot's trading volume was only 1/10 of the first two. Moreover, this gap has widened compared to October. Simply put, Unibot's trading volume increased by about 0.5 to 1 times, while banana increased by about 5 to 10 times.

3) The user count did not increase significantly, but the trading volume growth indicates that these are old users who are trading more frequently during a good market.

4) We also noticed that BonkBot, which ranks second in user count, has relatively low trading volume, only 1/10 of Banana Gun and Maestro. This may be related to the low single transaction volume on the Solana chain.

4. Bot Revenue

In terms of revenue, the highest revenue is generally from Maestro, followed by banana and Unibot. Why is that? Because the revenue of the three protocols often fluctuates. Among them, Unibot has the most significant changes. This is mainly because the protocol's revenue consists of two parts: one part is the transaction fees paid by users when using the bot, and the other part is the tax from buying and selling project tokens. For example, at the end of October, Unibot experienced a hacking incident, leading to panic selling by many and bottom-fishing by others, resulting in a huge trading volume of Unibot tokens, which significantly increased tax revenue. However, the Unibot protocol itself did not gain many new users.

On average, the highest revenue is from Maestro, followed by banana, and third is Unibot. On average, banana's revenue is about 2 times that of Unibot.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators