Immutable X (IMX) Reaches Self Reported Market Capitalization of $881.32 Million

Immutable X (IMX) traded down 5.5% against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on October 16th. During the last seven days, Immutable X has traded up 8.7% against the dollar. Immutable X has a market capitalization of $881.32 million and $55.45 million worth of Immutable X was traded on exchanges in the last day. One Immutable X token can now be purchased for $1.55 or 0.00002286 BTC on major exchanges.

Here is how related cryptocurrencies have performed during the last day:

• 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 3.5% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded down 0.4% against the dollar and now trades at $168.73 or 0.00249581 BTC.

Immutable X Profile

Immutable X was first traded on July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 570,354,831 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. The official website for Immutable X 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 Ethereum, designed by the team behind Immutable, a blockchain gaming company. It uses zk-rollups to enable fast and cheap transactions with zero gas fees. IMX is used for building dApps and executing smart contracts on Ethereum with high throughput, reduced congestion, and lower costs, making it ideal for gaming, marketplaces, and NFTs. The IMX token is used for transaction fees, network security, and governance.”

Immutable X Token Trading

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

IMX/USD price chart by TradingView