Immutable X (IMX) Self Reported Market Cap Hits $888.55 Million

Immutable X (IMX) traded down 6.7% against the US dollar during the 24-hour period ending at 19:00 PM Eastern on October 15th. Immutable X has a total market capitalization of $888.55 million and approximately $57.42 million worth of Immutable X was traded on exchanges in the last 24 hours. Over the last week, Immutable X has traded up 9.8% against the US dollar. One Immutable X token can currently be purchased for approximately $1.56 or 0.00002336 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• 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.
• Lumi Credits (LUMI) traded 8.9% higher 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.
• MVP Coin (MVP) traded 11.6% lower against the dollar and now trades at $0.0457 or 0.00000068 BTC.
• P2P Solutions foundation (P2PS) traded down 1.4% against the dollar and now trades at $168.13 or 0.00252115 BTC.

Immutable X Token Profile

Immutable X’s launch 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/. The official website for Immutable X is www.immutable.com. Immutable X’s official message board is www.immutable.com/blog. 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.”

Buying and Selling Immutable X

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

IMX/USD price chart by TradingView