INTERNET COMPUTER

The price of ICP has rallied by 23% in the past 24 hours.

The rally comes after ICP developer DFINITY Foundation released a product update for its Caffeine AI platform.

Notably, Caffeine is a platform enabling no-code AI app deployment on ICP. The latest upgrade enables multi-modal (text-image-code) app generation. It also materially enhances on-chain AI capabilities and directly ties higher chain usage to ICP token burns.