Immutable X Hits Self Reported Market Capitalization of $763.31 Million (IMX)

Immutable X (IMX) traded 6.9% lower against the U.S. dollar during the 1 day period ending at 9:00 AM Eastern on October 26th. One Immutable X token can currently be purchased for $1.34 or 0.00001999 BTC on popular cryptocurrency exchanges. During the last week, Immutable X has traded 15.1% lower against the U.S. dollar. Immutable X has a market cap of $763.31 million and $44.33 million worth of Immutable X was traded on exchanges in the last 24 hours.

Here is how other 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 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 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.
• Lumi Credits (LUMI) traded up 8.9% 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 down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 2.6% lower against the dollar and now trades at $159.77 or 0.00238660 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 570,354,831 tokens. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. The Reddit community for Immutable X is https://reddit.com/r/immutablex/. Immutable X’s official website is www.immutable.com. The official message board for Immutable X is www.immutable.com/blog.

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

IMX/USD price chart by TradingView