Gate News Bot reports that on February 11, according to CoinMarketCap data, ALCH (Alchemist AI) is currently priced at $0.08, up 33.06% in the past 24 hours, reaching a high of $0.10 and a low of $0.08. The 24-hour trading volume is $36.4 million. The current market capitalization is approximately $70.5 million, an increase of $17.5 million from yesterday.
Alchemist AI is a no-code application development platform that allows users to quickly turn ideas into functional applications and games using AI. The platform supports multiple generation pipelines, including Standard, Fast, Kimi 2, and Alchemist V4, with generation times ranging from 1 to 8 minutes. Users can choose between speed and quality based on their needs. Generating an application consumes 200 ALCH tokens.
Recent Important News about ALCH:
1️⃣ Platform Functionality Diversification Supports Application Scenario Expansion
As a no-code application development platform, Alchemist AI’s core positioning is to provide multiple generation pipelines and flexible speed-quality trade-offs to meet various user development needs. The platform supports transforming ideas into a variety of applications and games, lowering development barriers. This design helps expand the ecosystem and increase the practical use cases for ALCH tokens.
2️⃣ Token Consumption Mechanism Builds a Foundation for Sustained Demand
The application generation requiring 200 ALCH tokens creates ongoing real demand for the token. As platform usage increases and application generation frequency rises, token consumption will correspondingly grow. This inherent economic model provides a basic support for the token’s price.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Today, the cryptocurrency Fear and Greed Index is at 12, indicating the market is in extreme fear.
Gate News Report, March 8th, according to Alternative.me data, today’s cryptocurrency Fear and Greed Index is at 12, indicating the market is in a "Extreme Fear" state. This index measures market sentiment, with lower values indicating higher levels of fear.
GateNews16m ago
21Shares Launches First US Spot Polkadot ETF on Nasdaq
21Shares listed the TDOT ETF on Nasdaq with a physically backed structure holding actual DOT tokens.
The ETF launched with about $11 million in seed capital and charges a 0.30% management fee, according to Eric Balchunas.
Polkadot plans a March update capping DOT supply at 2.1B tokens
CryptoFrontNews9h ago
Cardano Brings Blockchain Payments to Swiss Retail With ADA at SPAR Stores
ADA payments now accepted at 137 SPAR stores in Switzerland through Cardano integration with DFX.swiss Open Crypto Pay.
Real-time blockchain transactions reduce merchant fees by about two-thirds compared to traditional card providers.
The Cardano Foundation has announced that Swiss payments
CryptoNewsFlash10h ago
February stablecoin trading volume hits a new monthly high of $1.8 trillion, with USDC accounting for 70%
Gate News reports that on March 7th, according to Allium data, the trading volume of stablecoins in February reached $1.8 trillion, setting a new monthly record. Among them, USDC accounted for approximately 70% of the total trading volume, reaching $1.26 trillion; USDT's trading volume in February was $514 billion.
GateNews13h ago
Spark lending platform launches SPK token buyback program, has repurchased 1.84 million tokens
According to on-chain analyst Yu Yan's monitoring, the lending platform Spark transferred 570,000 USDS to a new multi-signature wallet on March 5th, initiating the SPK token buyback. They have already repurchased 1.84 million SPK tokens, worth approximately $36,000. This buyback plan is expected to last 12 months, with 10% of funds each month allocated for repurchasing.
GateNews14h ago
