Bitget has listed ChainGPT (CGPT)

It’s official: crypto exchange Bitget has listed ChainGPT (CGPT) in its Innovation Zone.

On the spot exchange pair CGPT/USDT on Bitget yesterday the volume was already above $8 million, and today it is already above $1.5 million.

Bitget’s Innovation Zone is the section of the exchange dedicated to new trending tokens, which are given a 60-day evaluation period for all newly listed pairs. Should these pairs fail to meet Bitget’s market criteria, such as market depth and liquidity, they would subsequently be removed.

The CGPT/USDT pair started very well yesterday, with the price immediately rising from $0.008 to $0.19. Thereafter, the price stabilized at $0.14.

ChainGPT (CGPT) arrives on Bitget

ChainGPT is a blockchain-based artificial intelligence (AI) project.

Its artificial intelligence model is designed explicitly for use on blockchain and in crypto, and uses recent algorithms and high-speed computing capabilities to tackle complex problems in this area.

ChainGPT aims to enable users to quickly obtain any knowledge and information they need in the crypto domain, similar to how the more widely known ChatGPT does.

Indeed, the name ChainGPT closely resembles that of ChatGPT, although they are two completely different things, though somewhat similar and enough to be confused.

The ChainGPT token (CGPT)

The ChainGPT token is CGPT, which is a token launched only yesterday on BSC chain.

Except for the price at the time of launch, which was extremely low, thereafter the price fluctuated between $0.13 and $0.21, even though only one day after launch it is difficult to conduct an analysis.

However, after the initial boom, it began to fluctuate first around $0.17, and then around $0.15.

Bitget’s promotion

To promote its launch, Bitget has activated a promotion that expires on Friday.

Indeed, by signing up before 14 April to CGPT Savings, people can take advantage of an APY of up to 100%, and can receive a portion of the 20,000 USDT in CGPT tokens earmarked for the promotion.

In addition, a second promotion has also been activated, through which it is possible to get 10% cashback on net deposits, and to receive a portion of another USDT 10,000 prize pool in CGPT tokens.

In order to participate in the promotions, it is necessary to register and complete KYC verification. Prizes will be distributed within seven business days after the promotion ends and CGPT listing.

Bitget has decided to exclude market makers, VIPs and traders via API from being able to participate in this promotion.

Artificial intelligence

The new frontier of online innovation is precisely artificial intelligence.

In particular, at the beginning of 2023 ChatGPT broke new ground, namely searching for information online not on classic search engines, but turning to artificial intelligence-based chats that can converse with the user and answer his or her questions.

Indeed, such a service in the crypto sphere could come in handy, both for those who need basic information and are approaching this world for the first time, and for those who are looking for more in-depth information.

ChainGPT looks similar to ChatGPT, and can be tried at app.chaingpt.org.

For now it is freely usable by anyone, in English, and also allows pretending to ask questions to some crypto VIPs, such as Vitalik Buterin, Michael Saylor, Elon Musk, CZ, and so on.

In the future it is likely that more and more information will be distributed online in similar ways.