Immutable X Reaches Self Reported Market Cap of $845.49 Million (IMX)

by · The Markets Daily

Immutable X (IMX) traded 2.4% higher against the US dollar during the 1 day period ending at 22:00 PM Eastern on October 11th. During the last seven days, Immutable X has traded 5.6% lower against the US dollar. One Immutable X token can now be purchased for $1.48 or 0.00002365 BTC on major exchanges. Immutable X has a total market cap of $845.49 million and $35.01 million worth of Immutable X was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

  • 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 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 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.
  • 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 5.9% against the dollar and now trades at $0.0543 or 0.00000087 BTC.
  • P2P Solutions foundation (P2PS) traded up 1.8% against the dollar and now trades at $158.08 or 0.00252233 BTC.

About Immutable X

Immutable X’s genesis date was July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 570,354,831 tokens. The Reddit community for Immutable X is https://reddit.com/r/immutablex/. Immutable X’s official message board is www.immutable.com/blog. Immutable X’s official website is www.immutable.com. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here.

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 presently possible to purchase alternative cryptocurrencies such as Immutable X directly using U.S. dollars. Investors seeking to trade Immutable X should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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