Immutable X (IMX) Reaches Self Reported Market Capitalization of $2.41 Billion

Immutable X (IMX) traded 6.3% higher against the US dollar during the 1-day period ending at 9:00 AM Eastern on January 17th. Immutable X has a market capitalization of $2.41 billion and $61.14 million worth of Immutable X was traded on exchanges in the last 24 hours. One Immutable X token can currently be purchased for about $1.40 or 0.00001362 BTC on popular cryptocurrency exchanges. During the last seven days, Immutable X has traded up 12.9% against the US dollar.

Here’s how similar 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.
• SolvBTC (SOLVBTC) traded up 4.7% against the dollar and now trades at $102,469.13 or 0.99674684 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.4% higher against the dollar and now trades at $101,392.81 or 0.98627708 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.

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 1,719,283,101 tokens. Immutable X’s official website is www.immutable.com. The official message board for Immutable X is www.immutable.com/blog. 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.

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

IMX/USD price chart by TradingView