The Telegram Bot Narrative is Enhancing Degen Sophistication

It's been causing a bit of commotion and excitement in DeFi land as degens traders scream telegram trading bots are the new god-tool to DeFi trading. Naturally, who wouldn't want this golden pickaxe given that these bot tools boast a competitive 6x speed advantage to those who wield it and all they ask for is a 1% fee on every trade? That's cheaper than the standard 1.5% credit card transaction fee.

Additionally, bots have become so popular that they've also managed to become their own narrative.

But before we get into that, here is a quick primer on trading bots.