Original text edited by: zhouzhou, BlockBeats
Since Alchemist AI created a liquidity pool on the Solana chain in the early morning of November 28, it has shown great vitality in a short period of time, and Moonshot was launched at 9 am on the 30th. And according to data, DEV only used $772 to snatch $78.4 million worth of tokens at the opening, and transferred them dispersedly through multiple addresses.
On December 12, the price of ALCH hit an all-time high of $150 million before quickly falling back, entering a period of volatile decline for nearly a month. However, on the evening of the 24th, ALCH experienced a sharp rebound, soaring 94.96% in 24 hours, and the current price is stable around $0.081. ALCH trading volume soared to $18.6 million, and the market is returning to its peak.
With the continuous launch of exchanges and the steady progress of the team behind it, this wave of rising momentum does not seem to be a flash in the pan. So, what made ALCH suddenly explode? What is its highlight? Next, we will analyze the uniqueness of this project in depth.
What is Alchemist AI?
Alchemist AI (ALCH) is a project based on the Solana network. In simple terms, Alchemist AI is an AI application development platform that does not require coding. It is especially suitable for novices. Users only need to provide a simple description to create software applications. It allows users to create complex applications, including games, social platforms, etc., through simple drag and drop operations.
For example, check news, stocks, weather, maps, social media, and many other API services. It also integrates Marketplace, where users can sell or reward various works. The application is 100% independently made by their AI agent. The amazing point is that this project will continue to launch new features. The Alchemist AI team has not yet disclosed the identities of its members.
How does the model work?
The model is trained through a large language model (LLM), which can extract the users intentions, attributes, and constraints, and generate corresponding templates based on the application type. At the same time, it adds adaptive logic to user input to achieve accurate application logic generation.
The core of AlchemistAIapp is that it converts natural language instructions into executable code through HTML, CSS and JavaScript, and renders and presents it in a similar web-based environment after generation. It is equivalent to a novice becoming a programming master and having his own exclusive AI.
For applications that need to interact with the local environment (such as saving files, accessing system settings, or calling device hardware), the platform supports integration of limited OS APIs, enabling functional expansion and deeper system interaction.
Technology Upgrade
ALCH is preparing for some major technical upgrades, such as the release of the V2 engine, which may further enhance its position and application scenarios in the market. Some users even predict that this will give ALCH a significant advantage in the AI token market. V1 uses a single multi-purpose model that is trained to make applications, while V2 uses multiple models, each of which is trained for a specific part of the development and will be fine-tuned over time to allow the generation of complex applications.
There is also the Azarus 2.0 technology officially released on the 25th, which has designed a more efficient cognitive framework with stronger scalability, processing speed and intelligent adaptability, capable of handling complex tasks and providing accurate results. At the same time, Azarus 2.0 also has image recognition and decoding capabilities, and can analyze visual information such as symbols and graphics. Twitter users call it the detective in the field of AI.
Price performance
ALCH has shown strong bullish momentum over the past two days, with a 24-hour increase of 94.96%, and the price is consolidating around $0.081 after the recent surge. Volume has surged to $18.6 million, and buyers are dominant ($9.4 million buys vs. $9.1 million sells), and there is still potential for continued upside.
ALCH tokens have been successfully listed on several mainstream exchanges such as HTX, Bitget and Raydium.
At the same time, Bitbit Exchange officially announced at noon on the 24th that it will launch ALCH, which will undoubtedly enhance the exposure and liquidity of the token. This series of listing actions shows the markets recognition of the ALCH project.
ALCHDAO
ALCHDAO is a DAO focused on investing in tokenized AI agents and blockchain innovations. It introduces daos.worlds patented Anti-Rug technology©, which ensures the safety of funds through a 6/8 multi-signature mechanism (5 signatures from the ALCH team + 1 signature from the platform team). The owners of the contract will be 6 of the 8 people - 5 from the ALCH team and 3 from the Daos.world team. The project was first launched on the Daos.world platform of the Base chain. ALCHDAO is the third launchpad project on the Base network daosdotworld platform, and has received great attention from Base founder jessepollak. The first two projects on daos.world were x 10 and x 30.
Daos.world is a platform that allows users to easily create and manage blockchain-based DAO funds. Simply put, users first purchase fund shares through pre-sales, and after raising funds, the platform will issue tokens, which can be traded on Uniswap. Fund managers use the raised money for investment operations, such as leveraged trading, arbitrage, etc. After the investment is completed, the income (or loss) will be distributed to token holders in proportion.
After ALCHDAO is launched on daos.world, it can raise more funds through pre-sale and token trading mechanisms to ensure sufficient resources for investment, and at the same time, it can further expand to the Base chain with the support of daos.world. This will increase the development potential of ALCHDAO and bring more demand and growth opportunities for ALCH tokens.
ALCHDAO states that their vault backs the value of ALCH tokens with cbBTC and ETH. The proportion of ALCH tokens you hold represents your proportion of these assets. By investing in Bitcoin, ALCHDAO makes the token safer and more valuable.
ALCHs token distribution is clear and well-planned. 50% is used to support AI project incubation and promote ecological development, 10% is used for community governance to increase user participation, 20% is used as a strategic reserve to ensure long-term development, and 20% is invested in AI tool research and development to support technological innovation.
The team also stated that 12% of the tokens will not be sold, reducing selling pressure
In general, the recent rise of ALCH is not accidental, but the result of multiple factors. Whether it is technology upgrades, liquidity improvements or clear planning of team operations, they all demonstrate the long-term development potential of the project. In particular, through the support of the daos.world platform and the improvement of infrastructure, ALCH has further expanded its funding sources and market coverage.