
Key Highlights:
- ICP experienced a 3.5% drop in the last 24 hours but managed to recover some losses.
- The launch of Caffeine, a platform for AI-powered Web3 development, reignited investor enthusiasm.
- DFINITY has executed a token burn and introduced privacy enhancements which posit a positive long-term outlook.
Internet Computer (ICP) witnessed a turbulent day marked by selling followed by a sharp recovery. Following a dip to $5.27, the token managed to regain traction, ending at $5.4324, as optimism surged thanks to Caffeine’s debut.
On July 15, 2025, during the “Hello, Self-Writing Internet” event in San Francisco, Caffeine was presented as a tool allowing users to create decentralized applications using natural language, eliminating the need for coding.
This landmark launch is seen as a crucial step towards integrating AI within the Internet Computer ecosystem, boosting late-day buying interest.
Additional Insights:
- Market data indicates ICP’s fluctuations from $5.39 to $5.20 before a rebound occurred, aligning with significant trading volumes.
- With Caffeine now operational and strategic shifts in play, ICP aims to challenge resistance levels around $5.40 once again.