Immutable X (IMX) Self Reported Market Cap Reaches $2.39 Billion

Immutable X (IMX) traded down 2.5% against the dollar during the 1 day period ending at 8:00 AM ET on December 28th. One Immutable X token can now be purchased for about $1.39 or 0.00001471 BTC on cryptocurrency exchanges. In the last seven days, Immutable X has traded 0.1% higher against the dollar. Immutable X has a total market capitalization of $2.39 billion and approximately $60.27 million worth of Immutable X was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $94,329.20 or 0.99825689 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.2% lower against the dollar and now trades at $93,873.81 or 0.99343765 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.

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 1,719,283,101 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 Twitter account is @immutable and its Facebook page is accessible here. Immutable X’s official website 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.”

Immutable X Token Trading

It is usually not 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 GDAX, Gemini 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