Alchemist AI (ALCH) Surges 24% After Unveiling DeepSearch Feature

Alchemist AI’s native token, ALCH, witnessed a remarkable price surge in the early hours of today following the introduction of a new feature termed DeepSearch. According to data from CoinGecko, the token exchanged hands at $0.064 at the time of writing, representing a price increase of over 24% in the last 24 hours.

Alchemist AI Introduces DeepSearch

Alchemist AI, a no-code development platform (NCDP) that allows users to develop functional software applications using simple and natural language, recently unveiled DeepSearch. This new feature reinforces the platform’s intelligence, making it do much more than generate applications.

The team officially announced the upgrade in an X post. To enhance app generation, Alchemist AI will now conduct careful research before creating applications. This approach ensures that each app is built smartly with useful, accurate, and updated information to suit users’ needs.

Introducing DeepSearch – Smarter, Research-Driven App Generation 🔍

Alchemist AI now performs research before generating applications, ensuring each app is built with relevant, accurate, and up-to-date information tailored to its purpose.

With DeepSearch, Alchemist AI doesn’t… pic.twitter.com/ZyPak5pVCj

— ALCHEMIST AI 🔮 (@alchemistAIapp) March 7, 2025

According to the platform, DeepSearch’s integration will ensure that thorough research will be done before the platform generates any app to understand and retrieve relevant information fully. The platform research is based on the user’s prompt to build an application that best suits their unique preferences.

ALCH’s Market Performance

Notably, DeepSearch’s introduction has contributed significantly to Alchemist AI’s recent value increase. This shows that the project is not left behind as AI tokens continue to capture the crypto market’s attention and attract new investors to the industry.

Following the upgrade, ALCH posted significant gains before retracting slightly to 19.2%. Its trading volume is more than $86 million in the last 24 hours, reflecting a 74.20% increase from the past day. With a current market capitalization of over $54 million, the token has been in the green for more than seven days, indicating remarkable resilience despite market struggles. Nonetheless, the asset trades about 72.98% below its all-time high of $0.2358 and 343.79% higher than its all-time low of $0.01436.

About Alchemist AI

Alchemist AI is a software application generator that combines Artificial Intelligence with blockchain technology. Its no-code feature enables users who are not experts in coding or have no coding background to create custom applications, as the platform allows them to provide descriptions in plain, simple language.

The platform uses the Natural Language Processing (NLP) system to interpret users’ inputs and translate them into actions. It also leverages code generation and integrates third-party API while using a Large Language Model (LLM) to handle tasks in the ecosystem.

With a total supply of one billion tokens, ALCH facilitates all financial transactions on the Alchemist AI platform. Users can monetize their custom applications, ranging from games to utility tools, by trading them on the platform using ALCH tokens. Developers who list their applications for sale can set prices in ALCH and earn revenue for themselves. Users can also buy ready-made tools on the platform and tip fellow creators to support their work.

Earlier this week, the project launched its E-commerce toolbox, a user-friendly upgrade that allows users to build functional online stores with a few simple prompts. This launch also spiked ALCH’s price at the time.