Immutable X (IMX) Price Down 28.6% Over Last Week

Immutable X (IMX) traded down 4.2% against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on February 6th. Immutable X has a market capitalization of $1.40 billion and $35.80 million worth of Immutable X was traded on exchanges in the last 24 hours. One Immutable X token can now be bought for approximately $0.80 or 0.00000814 BTC on popular cryptocurrency exchanges. During the last week, Immutable X has traded 28.6% lower against the dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• GMX (GMX) traded 0.4% higher against the dollar and now trades at $17.22 or 0.00017456 BTC.
• 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 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.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $98,486.90 or 0.99813332 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.3% against the dollar and now trades at $97,987.28 or 0.99306984 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 Reddit community for Immutable X is https://reddit.com/r/immutablex/. 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.

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

IMX/USD price chart by TradingView