CoinMarketCap (CMC) has launched CMC AI, an advanced AI-powered assistant, on May 2, 2025, in Dubai. This tool aims to transform how traders and investors interact with cryptocurrency data by offering personalized, real-time insights. CMC AI is designed to simplify the complexities of the crypto market, providing insights that once required hours of research with a single click. It strives to empower users by unveiling investment strategies, decoding market shifts, and managing risks efficiently.

David Salamon, Chief Product Officer (CPO) at CoinMarketCap, emphasized the tool's significance, stating that CMC AI acts as a personal crypto expert, offering fast and knowledgeable assistance. It explains market dynamics and their underlying reasons, making crypto more accessible and actionable for everyone.

CMC AI is designed to cater to both novice and expert crypto users. It sources answers from hundreds of data sources, providing explanations of crypto jargon, analysis of price movements, and coin recommendations. The AI simplifies the lives of crypto users by democratizing access to crypto research, potentially increasing engagement with crypto in general.

To make answers more actionable, CMC AI uses "conversation starters" within a context-rich environment. Users can engage the AI directly from charts to understand price movements, ensuring that the information provided is relevant and actionable.

CMC AI leverages CoinMarketCap's AI-powered tools, including TLDR summaries and automated chart annotations, offering a range of capabilities such as side-by-side token comparisons, real-time price analysis, automated contract risk assessments, and customized portfolio recommendations. It also tracks sentiment from news and social media, providing context-aware assistance with a single click.

The initial rollout of CMC AI features curated Q&As blended into coin detail pages, with plans to add customized analysis focusing on user watchlists and portfolios. Support for free text queries and multi-turn conversations will also be added, allowing user feedback to drive the AI's evolution. This strategic tool is available on both CoinMarketCap and its mobile app, ensuring cross-platform accessibility.

CoinMarketCap aims to provide understandable, accessible, and useful crypto data to every user, cementing its mission in the continuously evolving crypto market.