Immutable X (IMX) Price Hits $1.06 on Exchanges

Immutable X (IMX) traded down 6.9% against the dollar during the 24-hour period ending at 9:00 AM ET on January 29th. Over the last seven days, Immutable X has traded 11.2% lower against the dollar. Immutable X has a market capitalization of $1.86 billion and $45.43 million worth of Immutable X was traded on exchanges in the last day. One Immutable X token can now be purchased for $1.06 or 0.00001045 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over 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 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 up 1.2% 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.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $101,730.61 or 0.99919569 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% higher against the dollar and now trades at $101,419.61 or 0.99614106 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Immutable X Token Profile

Immutable X launched on July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 1,743,800,322 tokens. The official message board for Immutable X is www.immutable.com/blog. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. The Reddit community for Immutable X is https://reddit.com/r/immutablex/. The official website for Immutable X is www.immutable.com.

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 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 GDAX, Gemini or Changelly. 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