CoinMarketCap integrates ChatGPT for real-time crypto data analysis

CoinMarketCap, a well-known crypto data aggregator, has announced the launch of a new ChatGPT AI tool that can answer users’ toughest questions. 

CoinMarketCap and ChatGPT: Crypto data analysis with real-time AI

Well-known crypto data aggregator, CoinMarketCap, has announced the integration of ChatGPT to launch a new AI tool capable of analysing cryptocurrency data in real-time. 

“Introducing CoinMarketCap’s new AI intern #CMCChatGPT. Your own cryptocurrency analyst. Powered by CMC’s leading real-time cryptocurrency data. Always available to answer your cryptocurrency questions and queries”.

In practice, ChatGPT’s artificial intelligence will now be at the service of CoinMarketCap’s crypto data analysis to answer its users’ most difficult questions. 

Specifically, thanks to this new tool, users will be able to get real-time answers to a wide range of questions, from educational to investment decisions.

This integration follows the recent update of ChatGPT, which now allows it to search the web, instead of only searching data until September 2021 as in the previous version. 

For example, the new ChatGPT tool for CoinMarketCap will be able to show the price of bitcoin in real time, while explaining how major global events influence performance cycles.

CoinMarketCap and ChatGPT: Crypto data analysis tool takes advantage of internet connectivity

Users of the popular data aggregator can now access the new tool through simple chat messages. 

In this context CoinMarketCap writes:

“Designed to operate as an AI crypto analyst, the plugin is capable of answering complex queries instantly by tapping into CMC’s real-time crypto data, all through simple chat prompts.”

Not only that, but in addition to its internet connection providing real-time answers, the company makes it clear that the more time users spend using the tool, the more its intelligence will improve. 

“Questions that once required time-consuming data analysis can now be answered instantly, with the plugin getting smarter over time as it learns from users’ queries.”

Google also uses Binance’s crypto data aggregator

In early 2023, Changpeng Zhao, or CZ, CEO of Binance, had stated that search engine giant Google uses CoinMarketCap for its cryptocurrency data. 

CZ’s statement stems from the fact that CoinMarketCap was purchased by Binance in 2020 for $400 million. 

In any case, Google uses data feeds from the well-known tracker platform, and as early as last January it was thought that this integration of cryptocurrency data feeds was on its way to Google Finance. 

Given this association, the integration of CoinMarketCap into Google was interpreted as an endorsement of cryptocurrencies by the internet giant, with particular reference to Binance.