Overview
- Internet Computer has rebounded hundreds of percent from October’s $1.56 low to recent highs near $8.9, with trading today holding roughly in the $7 to $9 range.
- The token’s market value climbed above $4 billion into the top 30 and, by some measures, surpassed Bittensor to lead AI-focused blockchains.
- Exchange data show 24-hour spot volume around $1.4 billion and futures open interest at record territory well above $200 million.
- Intraday swings have been extreme, including a roughly 25% drop on Nov. 5 after a surge, while indicators such as a daily RSI above 85 flag overheating risk.
- Coverage attributes the re-rating to Dfinity’s Caffeine release, a multimodal AI platform that lets users generate apps and websites from text, image, or code prompts.