Blockchain based multinational technology company BOTS Inc (OTCMKTS:BTZI) has been on the radars of investors for the past week and during the period, the stock has managed to clock gains of as much as 11%.
Market Reaction:
On Monday, BTZI stock soared 12.50% at $0.1282 with more than 18.61 million shares, compared to its average volume of 4.75 million shares. The stock has moved within a range of $0.1140 – 0.1420 after opening the trade at $0.1239.
Key Driver
Yesterday, the company was in the news after made an announcement which was addressed to all those who hold the digital asset $PRES. $PRES is described as the first ever presidential coin to have been minted on blockchain. The holders have been invited to swap the $PRES, which are based on the OMNI protocol, for Binance Smart Chain related coins.
The Binance Smart Chain related coins are going to allow the coin holders to participated in trading on the well know decentralised exchange Pancakeswap. The information with regards to the President Trump coin has been made available on the Binance Smart Chain Explorer website.
It should be noted that $PRES is not a new coin and had first been launched as a commemorative prior to the United States Presidential election that took place back in 2016. It is interesting to note that after Donald Trump won the election, the coin had also shown a bullish trend. At this point, it could be a good idea to add BOTS to your watch lists.
