Coinmarketcap integrated: ChatGPT can now do crypto analysis

Crypto data aggregator CoinMarketCap announced on Wednesday, October 11th the Introducing a ChatGPT plugin at. The extension allows users to access current crypto data coming directly from CoinMarketCap. The chatbot is able to recognize connections in the crypto market and answer complex questions. A powerful tool for coin analysis?

AI analysis for Bitcoin and Co.

Are Bitcoin and Ethereum Correlated? Under which US president did Bitcoin perform best? How does more liquidity affect Cardano price? The chatbot provides information about this. CoinMarketCap is one of the most famous cryptocurrency data platforms. It is mainly used to check prices, but also offers further information about the coins.

The artificial intelligence, equipped with real-time crypto data, is particularly suitable for recognizing connections. Between prices of individual coins or events – such as a key interest rate adjustment or political changes. However, the chatbot does not offer a full chart analysis. Nevertheless, the feature is well suited for research purposes.

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“We are very proud of what we are delivering with the CoinMarketCap plugin for ChatGPT. Combining AI with a comprehensive, real-time data source like CoinMarketCap will transform the way people research. It’s like giving every crypto investor their own personal crypto analyst,” said CoinMarketCap Product Manager, David Salamon.

This is how the plugin works

If you want to use the service, you need a ChatGPT account in the current Plus version GPT4. Cost: $20 per month. All extensions can be found under the “Plugins” menu item.

Source: CoinMarketCap

Once in the plugin store, users can then find and install the corresponding tool “CoinmarketCap” using the search bar. As is usual with ChatGPT, it is operated via text input.

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