• CryptoGPT has launched its native crypto token GPT
• The Ethereum-based zero-knowledge layer-2 blockchain is seeking to capitalize on the popularity of ChatGPT and AI
• Several major cryptocurrency exchanges like Bitfinex, PancakeSwap, Uniswap, Bybit, Bitget have listed the new crypto token
CryptoGPT Launches Its Native Token GPT
CryptoGPT has launched its native crypto token GPT. By debuting its own currency, CryptoGPT is seekings to capitalize on the popularity of ChatGPT and artificial intelligence (AI). Major cryptocurrency exchanges such as Bitfinex, PancakeSwap, Uniswap, Bybit, Bitget listed the new crypto token at 11:00 AM UTC. CoinMarketCap reported that GTP traded at $0.04943 with a trading volume of $22 million and an increase in price by more than 34%.
What Is CryptoGPT?
CryptoGPT describes itself as a cryptographic ecosystem fueled by data collection for the advancement of AI and decentralization of the AI and data market. It is a zero-knowledge layer-2 blockchain which seeks to offer users the chance to earn cryptocurrencies by sharing their anonymous data utilizing zero-knowledge crypto technology. The project’s “AI2Learn” allows users to monetize their data across fitness, dating, gaming and education.
Reaction On Twitter
The launch of GTP was met with enthusiasm on „Crypto Twitter“ which was flooded with ChatGPT tweets and hashtags. Furthermore several accounts similar in appearance have surfaced promoting giveaways which are likely false.
Risks Associated With Crypto Trading
Trading cryptocurrencies carries risks associated with volatility in prices due to speculation & market sentiment or even manipulation of prices via questionable activities within certain communities or groups. Furthermore investors should be aware that losses can exceed deposits so it is important for investors to do their own research & exercise caution when investing in any asset class especially one as unpredictable as digital currencies & tokens .
Conclusion
Despite various risks associated with trading digital assets , if done correctly can be highly rewarding . As such it is important for investors to keep track of developments within this rapidly evolving industry & stay informed about news & announcements related to particular digital assets they are interested in investing in order ensure they make informed decisions when making investments .
