Immutable X (IMX) Reaches Self Reported Market Capitalization of $1.11 Billion

Immutable X (IMX) traded 3.9% higher against the dollar during the 1-day period ending at 7:00 AM Eastern on April 18th. Immutable X has a total market capitalization of $1.11 billion and $69.49 million worth of Immutable X was traded on exchanges in the last day. During the last seven days, Immutable X has traded down 25.1% against the dollar. One Immutable X token can now be purchased for approximately $1.95 or 0.00003112 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 1% lower against the dollar and now trades at $0.32 or 0.00000518 BTC.
• 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 2.2% lower 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.9% lower against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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. 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. Immutable X’s official message board is www.immutable.com/blog. Immutable X’s official website is www.immutable.com.

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

IMX/USD price chart by TradingView