CoinMarketCap Launches AI Assistant to Simplify Crypto Investing

ARLINGTON, Va. — CoinMarketCap has launched a new AI-powered assistant called CMC AI that provides investors with instant insights on various cryptocurrencies.

This feature allows users to get predefined answers to questions about token price movements and market sentiment. By clicking on questions like ‘Why is $BTC’s price up?’ users receive detailed analyses in real time. The aim is to streamline the investing experience in the fast-paced cryptocurrency market.

CMC AI interacts with advanced language models, using the latest price data to generate responses based on the user’s inquiries. For major cryptocurrencies like Bitcoin and Ethereum, information is updated every 30 minutes, while other tokens are updated if their price moves over 2% within an hour.

David Salamon, Chief Product Officer at CoinMarketCap, emphasized the efficiency of CMC AI. “By reducing repeated queries on LLMs, we can save on costs associated with handling vast amounts of data,” he said.

CMC AI is only the beginning, as CoinMarketCap plans additional features throughout 2025. These include personalized question responses and trending market data tailored to individual portfolios.

The cryptocurrency AI market is rapidly evolving, currently valued at $7.22 billion and expected to surpass $10 billion soon. CoinMarketCap’s innovative approach showcases how technology can enhance investor experiences.

For those interested in further diversifying their investments, the article hints at an upcoming AI agent token called MIND, which aims to assist in identifying promising presale tokens. MIND is still in presale and has attracted nearly $10 million in early funding.