Immutable X (IMX) Achieves Self Reported Market Cap of $339.03 Million

Immutable X (IMX) traded up 11.1% against the dollar during the 24 hour period ending at 9:00 AM E.T. on February 25th. One Immutable X token can now be purchased for about $0.17 or 0.00000257 BTC on popular exchanges. During the last seven days, Immutable X has traded 3.3% higher against the dollar. Immutable X has a total market capitalization of $339.03 million and approximately $22.14 million worth of Immutable X was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 5% higher against the dollar and now trades at $66,147.09 or 0.99842720 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.2% against the dollar and now trades at $64,920.62 or 0.99826276 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Immutable X Token Profile

Immutable X’s launch date was July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 1,988,972,529 tokens. The official website for Immutable X is www.immutable.com. The Reddit community for Immutable X is https://reddit.com/r/immutablex/. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. Immutable X’s official message board is www.immutable.com/blog.

According to CryptoCompare, “Immutable X (IMX) is a layer-2 scaling solution for NFTs on Ethereum, offering gas-free transactions and scalability through zk-rollups. The IMX token is used for transaction fees, staking, governance, and user incentives within the Immutable X ecosystem. It was created by Immutable, an Australian firm, to address Ethereum’s scalability limitations for NFTs.”

Immutable X Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Immutable X directly using U.S. dollars. Investors seeking to acquire Immutable X should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Immutable X using one of the aforementioned exchanges.

IMX/USD price chart by TradingView