CoinMarketCap Introduces ChatGPT Plugin for Real-time Crypto Data

CoinMarketCap, a leading crypto data aggregator under the Binance umbrella, has unveiled a new plugin tailored for the large-language model (LLM) AI chatbot, ChatGPT.

As per the announcement made on Oct. 11, users can seamlessly integrate this feature by logging into their ChatGPT Plus account and activating the plugin. This integration facilitates users to pose a wide array of crypto-centric queries to the LLM. The plugin comes at no extra cost, with users only needing to cover the standard $20 monthly fee for ChatGPT Plus. Developers pointed out, “The foundational ChatGPT offers limited utility for crypto aficionados since its data predominantly halts at Sept 2021. Even with ChatGPT’s enhanced web browsing capabilities, there are constraints in delivering real-time crypto data.”

With this integration, ChatGPT can adeptly respond to straightforward questions like “What’s the correlation between Bitcoin and Ethereum in 2023?” or delve into more intricate queries such as “How do different token distribution methods (ICO/IDO/launchpads, etc.) relate to observed price fluctuations?” All responses generated by ChatGPT are sourced directly from CoinMarketCap, ensuring users receive up-to-date data, including the latest blockchain statistics, gainers, losers, listings, and more. This tool is designed to be compatible across both desktop and mobile platforms.

The surge in ChatGPT’s popularity has seen numerous exchanges exploring the potential of artificial intelligence (AI) technologies. For instance, Bitget, a crypto exchange, introduced an AI-driven feature for its grid trading strategies in July, as reported by Cointelegraph. This feature capitalizes on trading algorithms to automate transactions for its user base. Gracy Chen, Bitget’s managing director, disclosed in an interview that the exchange employs AI tools for multi-language translation services and to bolster its customer service operations.

In a parallel development, the Nasdaq exchange secured a green light from the U.S. Securities and Exchange Commission for its AI-based trade orders just last month. Furthermore, Binance, the world’s leading crypto exchange, has rolled out an AI-driven nonfungible token generator exclusively for its verified user community.

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