Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Image Creation (IMGNAI), VC increase, price surge of more than 4%
TRADING NEWS

Image Creation (IMGNAI), VC increase, price surge of more than 4%

By Crypto FlexsJanuary 27, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Image Creation (IMGNAI), VC increase, price surge of more than 4%
Share
Facebook Twitter LinkedIn Pinterest Email

Image Generation AI (IMGNAI) has seen a significant price increase after announcing the completion of a $1.6 million seed round.

According to CoinGecko, the IGNAI token price rose 4.6% this week.

In the past year, it has risen 595%, reaching a high of around $0.024.

Image Generation AI (IMGNAI) has its own.

IGNAI, an artificial intelligence (AI) token, has completed a seed funding round led by top-tier venture capitalists.

San Francisco-based Hack VC took the lead in a recent $1.6 million funding round. Additional support came from Rana Capital, Selini Capital, West Ham Capital and others.

Following the announcement of the completed seed round, the native IMGNAI token has experienced a significant 4.5% increase over the past seven days.

IMGNAI says that with this new injection of funds, the launch of Naifu is now imminent. The platform is described as an all-in-one virtual companion.

The IMGNAI platform claims to shape the future of generative AI and enable the creation of works of art through simple text commands.

According to information on the team’s website, Naifu will be trained on a variety of datasets, aligned with approaches seen in mainstream AI products, including OpenAI’s ChatGPT.

According to data from CoinGecko, IGNAI is currently trading at $0.02408, an increase of 10.2% over the last 24 hours.

CFTC warns of AI-based cryptocurrency fraud

On January 25, the U.S. Commodity Futures Trading Commission (CFTC) issued a statement regarding a fraud scheme exploiting the growing interest in AI to defraud cryptocurrency investors.

Regulators have taken legal action against numerous defendants who defrauded customers by promoting product pools, crypto assets or investment programs while consistently guaranteeing above-average returns through AI.

Contrary to the promised automatic monetization mechanism, customers suffered significant financial hardship, with significant funds disappearing, including approximately 30,000 Bitcoin (BTC), worth approximately $1.7 billion at the time. The warning statements from regulators continue.

These scams boast huge profits and a 100% success rate thanks to AI-generated algorithms.

The CFTC emphasizes that AI technology cannot predict future changes in cryptocurrencies or financial markets, and claims that do otherwise should be skeptical.

This warning serves as an important reminder for investors to remain vigilant, especially when investment opportunities leveraging AI seem too good to be true.

The CFTC urges investors to exercise caution and conduct thorough due diligence when navigating the evolving cryptocurrency landscape.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SBF’s

October 31, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Australia provides clarity on cryptocurrency regulation with new guidelines

October 29, 2025
Add A Comment

Comments are closed.

Recent Posts

By The End Of 2025, Everyone Should Know The Best Way To Increase Wealth.

October 31, 2025

Aster’s Rocket Launch Surpasses $1B In Trading Volume, As Nubila Joins With Over 6 Million $NB In Rewards

October 31, 2025

SBF’s

October 31, 2025

Open Miner Cloud Mining Revolutionizes Cryptocurrency Mining, Generating Up To $32,000 In Daily Profits.

October 31, 2025

Analysts predict a 1,500% rally when PEPE price reaches $0.00012.

October 30, 2025

Unibase (UB), Humanity (H), And ConstructKoin (CTK) Are This Week’s Crypto Winners As Decentralized Infra Shines

October 30, 2025

Let AI Work For You — Empowering Everyone To Profit From The Intelligence Era

October 30, 2025

NOWPayments Launches $0 USDT (TRC20) Network Fee Offer For New Partners

October 30, 2025

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

By The End Of 2025, Everyone Should Know The Best Way To Increase Wealth.

October 31, 2025

Aster’s Rocket Launch Surpasses $1B In Trading Volume, As Nubila Joins With Over 6 Million $NB In Rewards

October 31, 2025

SBF’s

October 31, 2025
Most Popular

RocketX Announces API Beta Launch for Multichain Cryptocurrency Swaps

November 26, 2023

Germany moves 750 Bitcoin (BTC), altcoin liquidity outflow

June 26, 2024

Trader predicts first quarter surge for Ethereum (ETH) and says one crypto sector is set to receive a ‘mega pump’.

January 6, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.