- The $NAIFU memecoin is exclusively paired with the $IMGNAI token to provide deep liquidity.
- The Naifu team combined cutting-edge AI with the dynamic culture of Web3 to empower the community with a new memecoin.
- The explosive growth of the Naifu AI agent in enabling uncensored and audacious virtual companions will be enhanced by the $NAIFU memecoin.
Amid the explosive growth of memecoin projects backed by Artificial Intelligence (AI) agents in the recent past, imgnAI ($IMGNAI), a pioneer in generative AI on blockchains, has announced a major leap in the sector. Backed by HackVC, imgnAI will launch a memecoin project to complement Naifu virtual companion dubbed $NAIFU.
The $NAIFU memecoin is live on the Base network, an Ethereum’s layer two (L2) scaling project backed by Coinbase Global, on Thursday, December 12. According to the announcement, prospective $NAIFU investors will be required to hold IMGNAI tokens to trade the memecoin on the Uniswap (UNI) decentralized exchange (DEX) via the Base network.
The Naifu team noted in the announcement:
NAIFU Roadmap and Impact on the IMGNAI Ecosystem
As a young web3 project with immense potential to disrupt the global market, imgnAI is keen to engage the community with the NAIFU memecoin. After a successful launch of the NAIFU memecoin, the team intends to focus on a new derivative NFT series.
In the near term, the NAIFU team will unveil the PUMPNAI platform to enable users to create NFT collections and easily convert them to tradeable tokens. Most importantly, the PUMPNAI platform will enable users to create AI agents akin to Naifu, which will be paired with the $IMGNAI token.
After the launch of the platform, the Naifu team will focus on introducing live-streaming capabilities for all AI agents. Eventually, the Naifu team is confident that every AI agent on the imgnAI ecosystem will have social profiles, NFT collections, and live-streaming features.
The announcement added:
The strategic launch of the NAIFU memecoin will significantly increase the overall demand for the IMGNAI token. As a result, the small-cap token, with a fully diluted valuation of about $21 million and a daily average traded volume of nearly $2 million, surged over 169 percent in the past two weeks to trade about $0.0256 on Thursday, December 12.
Launched in 2022, imgnAI has grown into a complex ecosystem, with more than 130k image generation daily. Launching a memecoin on the base L2 taps on the legendary Ethereum’s security. According to the latest market data, the top Base L2 memecoins have grown to over $3.3 billion in market cap and 24-hour trading volume of about 325 million as Bitcoin hovers about $100k a few weeks to the inaugural of the first pro-crypto US president.