Immutable X (IMX) Price Tops $1.10 on Exchanges

Immutable X (IMX) traded down 8% against the US dollar during the one day period ending at 14:00 PM ET on August 4th. Immutable X has a market capitalization of $626.76 million and $39.25 million worth of Immutable X was traded on exchanges in the last 24 hours. One Immutable X token can now be purchased for about $1.10 or 0.00001887 BTC on cryptocurrency exchanges. Over the last seven days, Immutable X has traded down 24.3% against the US dollar.

Here’s how other cryptocurrencies have performed over 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 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 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 0.5% against the dollar and now trades at $0.0123 or 0.00000021 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 15.5% against the dollar and now trades at $0.0694 or 0.00000120 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. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. Immutable X’s official website is www.immutable.com. Immutable X’s official message board is www.immutable.com/blog. The Reddit community for Immutable X is https://reddit.com/r/immutablex/.

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 U.S. dollars. Investors seeking to trade Immutable X should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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