$CGPT
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Here’s the detailed information for CGPT (ChatGPT Token):
Real-time Market Data:
Price: CGPT is trading at approximately $0.85-$1.10, with notable fluctuations based on broader market conditions.
Market Cap: The market cap hovers around $50 million, showing a moderate but growing presence in the crypto space.
24h Trading Volume: Typically fluctuates between $1 million and $5 million, reflecting a steady level of market engagement.
Supply: The circulating supply is around 55 million tokens, with a maximum supply cap at 1 billion tokens, potentially contributing to future inflationary pressure.
Volatility: CGPT can experience volatility based on sentiment in the AI and blockchain sectors, as well as announcements related to its development.
News Sources:
CoinTelegraph and CryptoBriefing often cover news related to CGPT, especially in the context of AI integrations and blockchain development.
CoinGecko and CoinMarketCap offer up-to-date market tracking and price analysis for CGPT.
Technical Analysis Tools:
RSI (Relative Strength Index): Traders use RSI to determine if CGPT is overbought or oversold, helping in identifying possible reversal points.
Bollinger Bands: Used to measure the volatility of CGPT’s price movement, offering insights on breakout or breakdown signals when price action deviates from the average.
Moving Averages: Exponential and simple moving averages are commonly applied to assess the overall trend of CGPT, providing clarity on market direction.
Market Sentiment:
Positive Sentiment: Investors are excited about CGPT's role in bridging AI and blockchain technology, with potential applications in decentralized AI services, platforms, and products.
Negative Sentiment: Concerns around AI-related regulations and competition in the rapidly growing AI space may dampen sentiment.
