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Binance’s CoinMarketCap Introduces AI-Powered Plugin

Binance’s CoinMarketCap Introduces AI-Powered Plugin

CoinMarketCap, a leading cryptocurrency data aggregator under Binance, has made waves in the industry with the introduction of an innovative plugin tailored for the renowned AI chatbot, ChatGPT. This initiative comes in response to the growing demand for accurate and real-time cryptocurrency data in a constantly evolving crypto landscape.

For users eager to take advantage of this advanced feature, all they need to do is log into their ChatGPT Plus account and activate the plugin. Through this seamless integration, users can query the LLM on a myriad of crypto-related topics, from correlation metrics between major cryptocurrencies like Bitcoin and Ethereum in 2023 to deeper analyses of token distribution patterns and their relationship with observed price fluctuations.

The AI Revolution in Crypto Exchanges

The integration of AI technology in the crypto field is not new, but its rapid acceleration is remarkable. As the ChatGPT phenomenon gains traction, various exchanges have started harnessing the potential of AI to refine and optimize their operations. A compelling example occurred in July when Bitget, a crypto exchange, integrated an AI-driven functionality for its trading approach, thereby improving automated transactions.

This trend is also exemplified by the recent green light from the US Securities and Exchange Commission for Nasdaq to deploy AI-powered trading orders. Meanwhile, Binance has launched an AI-powered non-fungible token generator exclusively for its verified user base.

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