CoinShare launches Twitter bot to find the fair price of NFTs

SNEAK PEEK

  • CoinShare launches a new feature to find out the right price of an NFT.
  • It has launched Twitter bots that give fair prices for Ethereum NFTs.
  • The company announced the launch of the Twitter bot on October 13th, 2022.

The NFT market has exploded in the last year breaking all records. Though the world of NFTs seems quite lucrative, the NFT community faces a lot of difficulties. One of them is to find out the right price of an NFT.

CoinShare, a popular crypto trading group has come up with an innovative way to resolve this issue. The company announced on October 13th, 2022 on Twitter the launch of Twitter bots, CoinSharesNFTAI.

The smart Twitter bots will help traders find out the right price of an Ethereum NFT. Now you can know the right price of an NFT with one Tweet.

The CoinShare Twitter bot will accumulate and analyze data to tell the price at which the NFT can be sold or bought.

CoinShare explained briefly in its Tweet how users can use the bot feature,

To interact with the NFT Bot, all you need to do is to tweet at it, including the OpenSea link of the NFT you are looking to price.

CoinShare has also developed a tool to determine the hype surrounding an NFT collection.

The firm informed about the hype tool saying,

To evaluate the hype of a specific collection, we can count its followers on social media platforms, as well as the volume and value of past transactions,