ALCH Short-Term Surge of 95%: How Did the Team Build Top-Notch Operations?

By: blockbeats|2024/12/26 14:45:01

Original Author: zhouzhou, BlockBeats

Since Alchemist AI created a liquidity pool on the Solana chain in the early hours of November 28, it has shown great vitality in a short period of time, going live on Moonshot at 9 a.m. on the 30th. According to data, DEV sniped a token worth $78.4 million at the opening with only $772 and dispersed the holdings across multiple addresses.

On December 12, the ALCH price briefly surged to a historical high of $150 million before quickly falling back, entering a month-long downward oscillation. However, on the night of the 24th, ALCH experienced a strong rebound, skyrocketing by 94.96% in 24 hours, and the price is currently stabilizing around $0.081. ALCH's trading volume soared to $18.6 million, indicating a resurgence in market activity.

With continuous exchange listings and steady progress by the team, this upward momentum seems to be more than just a flash in the pan. So, what caused the sudden surge of ALCH? What are its highlights? Next, we will delve into the uniqueness of this project.

What Is Alchemist AI?

Alchemist AI (ALCH) is a project based on the Solana network. Alchemist AI is essentially a no-code AI app development platform designed for beginners, where users can create software applications by providing simple descriptions. It allows users to create complex applications through simple drag-and-drop operations, including games, social platforms, and more.

For example, it can access news, stocks, weather, maps, social media, and many other API services. It also integrates a Marketplace where users can sell or tip various works. The application is 100% autonomously created by their AI agent, and the project continually introduces new features. The Alchemist AI team has not publicly disclosed the identities of its members.

ALCH Short-Term Surge of 95%: How Did the Team Build Top-Notch Operations?

How Does the Model Work?

The model is trained using a Large Language Model (LLM), which can extract user intent, attributes, and constraints and generate corresponding templates based on the application type. It also incorporates adapted logic to user inputs to achieve precise application logic generation.

The core of AlchemistAIapp lies in its ability to transform natural language commands into executable code using HTML, CSS, and JavaScript, and to render and present it in a similar web-based environment. This essentially allows even a novice to become a programming expert, owning their own dedicated AI.

For applications that require interaction with the local environment, such as saving files, accessing system settings, or calling device hardware, the platform supports integration with a limited OS API, enabling feature extension and deeper system interaction.

Technical Upgrades

ALCH is gearing up for some major technical upgrades, such as the release of the V2 engine, which may further enhance its position and use cases in the market. Some users even predict that this will give ALCH a significant advantage in the AI token market. While V1 uses a single multipurpose model trained to create applications, V2 uses multiple models, each trained for a specific part of development and continuously fine-tuned over time to allow for the generation of complex applications.

Also, on the 25th, the official release of Azarus 2.0 technology introduced a more efficient cognitive framework with greater scalability, processing speed, and intelligence adaptability to handle complex tasks and provide precise results. Azarus 2.0 also features image recognition and decoding capabilities, enabling the analysis of visual information such as symbols and graphics, referred to by Twitter users as the "detective of the AI domain."

Price Performance

These past few days, ALCH has shown a strong bullish momentum, with a 94.96% increase in the last 24 hours, stabilizing around $0.081 after its recent surge. Trading volume has surged to $18.6 million, with buyers in the lead ($9.4 million in buys vs. $9.1 million in sells), indicating there is still potential for continued upward movement.

The ALCH token is currently listed on several mainstream exchanges, including HTX, Bitget, and Raydium.

Additionally, Bitbit Exchange officially announced on the 24th at noon that it will list ALCH. This move will undoubtedly increase the token's exposure and liquidity, and this series of listing actions demonstrates the market's recognition of the ALCH project.

ALCHDAO

ALCHDAO is a DAO focused on investing in tokenized AI agents and blockchain innovation. It has introduced daos.world's patented Anti-Rug technology ©, which ensures fund security through a 6/8 multisig mechanism (5 signatures from the ALCH team + 1 signature from the platform team). The contract's owners will be 6 out of 8 individuals - 5 from the ALCH team and 3 from the Daos.world team. The project's initial launch will be on Daos.world's platform on the Base chain. ALCHDAO is the third launchpad project on the daosdotworld platform on the Base network, receiving high attention from Base founder jessepollak. The first two projects on daos.world were x10 and x30.

Daos.world is a platform that allows users to easily create and manage blockchain-based fund DAOs. In simple terms, users first purchase fund shares through a presale, the platform issues tokens after raising funds, and these tokens can be traded on Uniswap. Fund managers use the raised money for investment operations, such as leverage trading, arbitrage, etc. After the investment period ends, the returns (or losses) are distributed proportionally to token holders.

After launching on daos.world, ALCHDAO can raise more funds through presale and token trading mechanisms to ensure sufficient resources for investment. It can also leverage daos.world's support to further expand to the Base chain. This will increase ALCHDAO's development potential and create more demand and growth opportunities for the ALCH token.