PancakeSwap releases new Telegram Bot predicting BNB Price
2 min readOn the 11th, the major decentralized finance (DeFi) protocol PancakeSwap released a new Telegram bot that allows users to predict the price of BNB tokens. A bot refers to a program or application that automates certain tasks or transactions. By using this newly released bot, users can participate in predicting the price movements of BNB, the gas token for the major blockchain, BNB Chain. Additionally, the protocol will celebrate its 4th anniversary on September 22, and to mark the occasion, a prize program worth $4,444 has been announced.
Predictions can be made with as little as 0.001 BNB
Users of this Telegram bot can predict whether the price of BNB tokens will rise or fall every five minutes. Here’s how to participate:
- Access the Telegram bot channel.
- Connect your crypto wallet to the bot.
- Enter your bet amount and prediction (up or down).
The minimum bet amount is 0.001 BNB (around ¥70). If your prediction is correct, you will receive a portion of the amount wagered for that round.
4th anniversary campaign
To commemorate its 4th anniversary on September 22, PancakeSwap is also holding a special campaign. The campaign will run from 9:00 AM on September 22 to 8:59 AM on September 23. Participants will have the chance to win from a prize pool of $4,444.
The prize pool is divided into two levels:
- Part 1: Lucky Rewards ($3,333) – Users who bet a total of more than $5 will be eligible. A lottery will be held to award $33.33 to 100 winners.
- Part 2: Top Predictors ($1,111) – Users who bet more than $500 in total will be eligible. A lottery will be held to award $555, $333, and $223 to 3 winners.
Winners of the lottery will receive their rewards in the form of the stablecoin USDT, which will be distributed to the participating cryptocurrency wallets (on the BNB Chain) within two weeks of the campaign’s end.