Immutable X Reaches 24 Hour Trading Volume of $55.80 Million (IMX)

by · The Markets Daily

Immutable X (IMX) traded down 4.3% against the U.S. dollar during the twenty-four hour period ending at 23:00 PM E.T. on November 2nd. One Immutable X token can currently be purchased for approximately $1.05 or 0.00001544 BTC on major exchanges. Immutable X has a total market cap of $1.76 billion and $55.80 million worth of Immutable X was traded on exchanges in the last 24 hours. During the last week, Immutable X has traded 20.7% lower against the U.S. dollar.

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.BBN (SOLVBTC.BB) traded 1.5% lower against the dollar and now trades at $68,508.91 or 1.00331934 BTC.
  • SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $68,324.19 or 1.00061419 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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 1,670,248,659 tokens. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. Immutable X’s official website is www.immutable.com. Immutable X’s official message board is www.immutable.com/blog. 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.”

Buying and Selling Immutable X

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

IMX/USD price chart by TradingView