Internet Computer rises intraday on AI Web3 platform 'Caffeine' launch announcement

Source
Uk Jin

Summary

  • Internet Computer (ICP) announced that it is showing strong intraday performance thanks to the news about the release of the AI-based platform 'Caffeine'.
  • It was reported that 'Caffeine' is an AI app development platform on the Internet Computer blockchain, with the official launch slated for July 15.
  • Users can develop a variety of Web 3.0 applications with the AI builder agent, even without any coding knowledge.

Internet Computer (ICP) is displaying upward momentum during intraday trading. The unveiling of the AI-based platform 'Caffeine,' which Internet Computer is set to release, appears to have sparked investor sentiment.

As of 6:33 AM (KST) on the 14th, Internet Computer is trading at $5.49, up 3.54% from the previous day according to CoinMarketCap.

The reason behind Internet Computer's rise today is analyzed to be the news about the upcoming launch of the AI app development platform, Caffeine.

Caffeine is an AI app development platform based on the Internet Computer blockchain, with its official release scheduled for July 15. Caffeine offers users services to develop a variety of Web 3.0 applications, such as e-commerce, social media, and CRM, on-chain using only natural language commands. Notably, apps can be created and modified simply by chatting with the AI builder agent, without any coding knowledge.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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