Alchemist AI releases "Updates from the forge"

Alchemist AI, a no-code platform for app development, is rolling out the Gemini 2.0 model, which Google introduced in December 2024 as an experimental multimodal AI with text-to-speech and image generation capabilities. The update coincides with a 34.2% price surge in Alchemist AI’s $ALCH token over the past week, outperforming the global crypto market, per CoinGecko data. New APIs and UI/UX improvements aim to enhance user experience, while tutorials will support developers amid Alchemist AI’s growing market cap of BTC686.7429, ranking it #604 on CoinGecko.

Event DetailsAnnounced on May 2, 2025, Alchemist AI’s Forge Update aims to empower users to create apps effortlessly using advanced AI tools (https://x.com/alchemistAIapp/status/1918336417119506601). GPT-4 image generation, inspired by OpenAI’s 4o model, will allow users to generate precise visuals like logos and diagrams (OpenAI, 2025). The integrated code execution environment and agent builder will let users build and test app functionalities without coding expertise, aligning with Alchemist’s mission to democratize software creation (Alchemist AI Docs). This update could position $ALCH as a leader in the AI-driven dev space. Recent News$ALCH has been on fire! Just days after the announcement, the token surged 42X, jumping from a $5M to $220M market cap, though it later settled at $150M (https://x.com/Genesis_Wizz/status/1918347418959024190). CoinGecko reports a 6.6% price increase in the last 24 hours as of May 6, with $ALCH at $0.1846 and a 24-hour trading volume of $42.9M—a 47.6% spike (CoinGecko, 2025). This momentum reflects strong market confidence in Alchemist AI’s vision. Future PlansAlchemist AI is doubling down on its no-code ecosystem. The roadmap hints at further integrations with platforms like D&D Beyond for interactive use cases, though no timeline is confirmed (Reddit, 2023). Expect more AI enhancements to streamline app development for non-coders. Onchain DataSpecific onchain metrics like wallet activity aren’t publicly available for $ALCH on platforms like Dune Analytics or Etherscan as of now. However, the trading volume surge on exchanges like Bitget ($11.1M for ALCH/USDT) signals growing adoption (CoinGecko, 2025). Community SentimentX is buzzing with excitement! Users like @axienfts and @ONLY444FAMILY are hyping $ALCH, with comments like “$ALCH is a beast!!” showing strong community support (https://x.com/axienfts/status/1918352126025093167). The sentiment is overwhelmingly positive, though some traders note the volatility post-surge. Market InsightThe AI-crypto sector is heating up, with competitors like Fetch.ai also gaining traction. Alchemist AI’s focus on no-code AI tools could attract a broader user base, especially amid the growing demand for accessible dev platforms. However, volatility remains a concern—$ALCH’s rapid rise and dip suggest potential price swings. Risk Disclaimer: High volatility may lead to price fluctuations; trade cautiously and DYOR