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#INX The following is a summary of the recent key developments for INX (Infinex):
⚠️ 1. The biggest negative controversy: exposed "pump and dump" (latest updates in April)
Just last month (around April 14, 2026), INX faced a serious trust crisis. Market analysis pointed out that the INX team was accused of engaging in "pump and dump" behavior. Specifically: after the token price doubled in a short period, at least several related addresses quickly sold off tokens worth about $400k, causing the price to plummet rapidly. This "scam and dump" behavior severely undermined retail investors' confidence.
📉 2. Weak market performance: public fundraising cold and token price decline
* Poor public fundraising: As early as January this year, when INX launched its token sale (ICO), market response was very lukewarm. Originally planning to raise $15 million (later reduced to $5 million), but after more than 30 hours, only about $491k was raised, less than 10% of the target.
* Weak price: Since listing for trading at the end of January, INX's price has remained low for a long time. According to recent data, its price is around $0.012, which is less than half of its historical high (about $0.033), and the overall trend is downward. Given the numerous negative news surrounding INX (Infinex) at present, it is advised to exercise extreme caution when investing and to be mindful of risk avoidance.