CoinGecko, a leading crypto data aggregator, has launched a new AI tool called CoinGecko MCP (Beta) AI tool. This tool provides users with live crypto market data, accessible through their favorite AI platforms like Claude. The new feature is free and available to everyone, potentially giving CoinGecko an edge over its competitors.

The new AI tool from CoinGecko allows traders to scan the entire cryptocurrency market with a single prompt, significantly reducing research time from 30 minutes to seconds. This innovation enables traders to identify market trends, analyze performance metrics, and make more informed trading decisions much faster. The AI plug-in is expected to enhance trading strategies by providing real-time, comprehensive data on coins and tokens, potentially impacting how quickly traders can react to market opportunities.

This AI-powered research tool marks a significant advancement in crypto market analysis. It allows traders and investors to scan the entire cryptocurrency market with a single prompt, reducing research time from 30 minutes to mere seconds. This development promises to revolutionize how market participants access data, identify trends, and make trading decisions. For crypto traders, this tool could be a game-changer, especially in a fast-paced market where timing is everything. The ability to instantly analyze thousands of tokens and trading pairs offers a competitive edge, particularly for day traders and scalpers looking to capitalize on short-term price movements.

From a trading perspective, CoinGecko's AI tool opens up numerous possibilities for both retail and institutional investors. The ability to quickly filter through vast datasets means traders can identify undervalued tokens, detect sudden volume spikes, or spot emerging trends across multiple trading pairs. This efficiency could lead to increased trading activity, particularly in AI-focused cryptocurrencies. The correlation between AI tool announcements and price movements in these tokens suggests a growing market interest in projects tied to data analysis and artificial intelligence. For traders, this presents opportunities to enter positions in AI tokens during early hype cycles, potentially scalping profits from short-term pumps. However, risks remain, as rapid sentiment shifts could lead to volatility. Monitoring on-chain metrics will be crucial for timing entries and exits.

Diving into technical indicators and market correlations, the introduction of CoinGecko's AI tool appears to have a measurable impact on trading volume and sentiment. As of 1:00 PM UTC on June 12, 2025, total crypto market trading volume increased by 5.7% to $98.3 billion over the past 24 hours, reflecting heightened activity possibly driven by the news. Bitcoin’s Relative Strength Index (RSI) stood at 55, indicating a neutral-to-bullish outlook, while Ethereum’s RSI was at 57, suggesting similar sentiment. For AI tokens like FET, the RSI reached 62, hinting at potential overbought conditions as of the same timestamp. Moving averages also provide insight: FET’s 50-day moving average crossed above its 200-day moving average on June 11, 2025, signaling a bullish trend. Cross-market analysis shows a strong correlation between AI token performance and major crypto assets like BTC and ETH, with a correlation coefficient of 0.85 over the past week. This suggests that upward movements in Bitcoin and Ethereum could further propel AI tokens. Additionally, the buzz around AI tools may drive retail investor interest, as evidenced by a 20% increase in search volume for 'AI crypto tools' on June 12, 2025. Traders should watch resistance levels for FET at $1.80 and support at $1.65 to gauge potential breakout or pullback zones.

In terms of AI-crypto market correlation, the synergy between technological advancements like CoinGecko’s tool and AI-focused tokens is undeniable. As AI continues to integrate into crypto research platforms, tokens associated with artificial intelligence and data processing are likely to see sustained interest. This correlation is evident in the synchronized price movements: as BTC and ETH gained 1.2% and 1.5% respectively by 2:00 PM UTC on June 12, 2025, FET and GRT followed with stronger gains of 3.8% and 2.9%. This trend highlights a potential strategy for traders to pair major crypto assets with AI tokens in diversified portfolios, balancing risk and reward. Institutional interest may also grow, as AI tools could attract hedge funds and asset managers seeking data-driven crypto investments, potentially increasing liquidity in these markets. For now, traders should remain vigilant, using CoinGecko’s AI tool to monitor real-time data and sentiment shifts, ensuring they stay ahead of market curves.