Token Analyzer

The Token Analyzer function allows you to analyze any cryptocurrency by coins being sent to its native address. In this example, it fetches data for Bitcoin by default, but you can specify other coins (e.g., ethereum for Ethereum) by passing the appropriate coin ID to the coin_id parameter through detecting sent coins. The function constructs the API request URL, sends a GET request to the CoinGecko API, and processes the response as a JSON object. If the response contains an error (e.g., an invalid coin ID), the function will print an error message and return None. Otherwise, it extracts essential details such as the coin's name, symbol, current price (in USD), market capitalization, and 24-hour price change percentage. These details are organized in a dictionary called coin_info, which is then returned to the user. This function is particularly useful for integrating live market data into applications or bots that require real-time cryptocurrency information for analysis, trading, or monitoring.

def fetch_coin_data(coin_id="bitcoin"):
    url = f"{COINGECKO_API_URL}coins/{coin_id}"
    response = requests.get(url)
    data = response.json()
    
    if 'error' in data:
        print(f"Error fetching data: {data['error']}")
        return None

    # Coin Information
    coin_info = {
        "name": data["name"],
        "symbol": data["symbol"],
        "current_price": data["market_data"]["current_price"]["usd"],
        "market_cap": data["market_data"]["market_cap"]["usd"],
        "24h_change": data["market_data"]["price_change_percentage_24h"]
    }
    
    return coin_info