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Market News Dialect, based in Solana, Introduces a Conversational Trading Bot for Telegram

Dialect, based in Solana, Introduces a Conversational Trading Bot for Telegram

Dialect is a Solana-based startup that provides Telegram users with a conversational trading tool that processes orders via ChatGPT and features a secure, user-friendly interface.

TOP1 Markets Analyst
2024-01-25
10218

 Solana (SOL) 2.png

 

Dialect, a communications startup headquartered in Solana, has reportedly introduced Dialect Operator, a conversational trading software designed for users of the Telegram messaging application. Traders can purchase and sell tokens directly from their Telegram conversations using the program, which streamlines the trading process. While Telegram bots have been a factor on Ethereum for a considerable period of time, their presence in the Solana ecosystem is relatively recent. Last week, the market leader in Solana, BonkBot, processed a trading volume of $248 million. This figure represents less than 7% of the total volume handled by trade routing service Jupiter during the same time frame.

 

According to CEO Chris Osborn, Dialect has been developing messaging capabilities for Solana wallets for two years and intends to increase the popularity of mobile text trading with its Telegram agent. By responding to direct orders such as 'buy,''sell,''swap,' and 'info' with a pop-up user interface that provides the trade details and price, the program adopts a conversational approach to transactions. It interprets orders that do not correspond to the commands using ChatGPT. Traders must sign orders in their wallets for the bot to execute, and according to reports, Dialect's configuration is more secure than those of other Telegram bots that store sensitive data on the Amazon Web Services cloud platform. The organization is enhancing the response time of the program and intends to release it on desktop, Android, and the Saga phone.

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