Immutable X (IMX) Price Down 11% Over Last Week

Immutable X (IMX) traded down 8.8% against the US dollar during the twenty-four hour period ending at 8:00 AM ET on February 22nd. One Immutable X token can now be bought for about $0.72 or 0.00000742 BTC on popular exchanges. Immutable X has a market capitalization of $1.27 billion and approximately $49.11 million worth of Immutable X was traded on exchanges in the last 24 hours. In the last week, Immutable X has traded 11% lower against the US dollar.

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

• Taiko (TAIKO) traded down 6.9% against the dollar and now trades at $1.04 or 0.00001073 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• SolvBTC (SOLVBTC) traded down 2.5% against the dollar and now trades at $96,417.11 or 0.99790385 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.3% lower against the dollar and now trades at $96,085.04 or 0.99446696 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Immutable X

Immutable X launched on July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 1,768,317,543 tokens. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. The official message board for Immutable X is www.immutable.com/blog. Immutable X’s official website is www.immutable.com. The Reddit community for Immutable X is https://reddit.com/r/immutablex/.

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 possible to purchase alternative cryptocurrencies such as Immutable X directly using U.S. dollars. Investors seeking to acquire Immutable X should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Immutable X using one of the aforementioned exchanges.

IMX/USD price chart by TradingView