Immutable X (IMX) Reaches Self Reported Market Cap of $1.81 Billion

Immutable X (IMX) traded up 1.9% against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on November 5th. Over the last seven days, Immutable X has traded 22.3% lower against the U.S. dollar. One Immutable X token can now be purchased for $1.09 or 0.00001560 BTC on major cryptocurrency exchanges. Immutable X has a market cap of $1.81 billion and approximately $47.77 million worth of Immutable X was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.6% against the dollar and now trades at $69,350.29 or 0.99660735 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.3% against the dollar and now trades at $69,257.71 or 0.99527689 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Immutable X Profile

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 1,670,248,659 tokens. 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. 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.”

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 acquire Immutable X should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Immutable X using one of the exchanges listed above.

IMX/USD price chart by TradingView