Immutable X (IMX) Trading 6.9% Lower This Week

Immutable X (IMX) traded 1.3% higher against the US dollar during the 24 hour period ending at 20:00 PM ET on August 20th. One Immutable X token can now be purchased for $1.16 or 0.00001967 BTC on cryptocurrency exchanges. In the last seven days, Immutable X has traded down 6.9% against the US dollar. Immutable X has a total market cap of $663.70 million and approximately $34.20 million worth of Immutable X was traded on exchanges in the last 24 hours.

Here’s how similar 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 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded 12.4% 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 6.2% lower against the dollar and now trades at $0.0440 or 0.00000074 BTC.

Immutable X Profile

Immutable X was first traded on July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 570,354,831 tokens. The official message board for Immutable X is www.immutable.com/blog. The official website for Immutable X is www.immutable.com. 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 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 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 Changelly, Coinbase or Gemini. 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