Immutable X (IMX) Hits Self Reported Market Capitalization of $1.95 Billion

Immutable X (IMX) traded down 13.9% against the US dollar during the twenty-four hour period ending at 8:00 AM ET on November 1st. In the last seven days, Immutable X has traded 19.1% lower against the US dollar. One Immutable X token can currently be bought for approximately $1.17 or 0.00001664 BTC on major exchanges. Immutable X has a market cap of $1.95 billion and approximately $80.74 million worth of Immutable X was traded on exchanges in the last 24 hours.

Here’s how related 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 2.2% lower 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 down 2.7% against the dollar and now trades at $69,996.19 or 0.99950634 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.8% lower against the dollar and now trades at $69,886.82 or 0.99794452 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Immutable X Profile

Immutable X launched on July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 1,670,248,659 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/. The official message board for Immutable X is www.immutable.com/blog. The official website for Immutable X 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 buy alternative cryptocurrencies such as Immutable X directly using US dollars. Investors seeking to acquire Immutable X should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Immutable X using one of the exchanges listed above.

IMX/USD price chart by TradingView