Immutable X (IMX) Price Hits $1.40

Immutable X (IMX) traded up 1% against the U.S. dollar during the twenty-four hour period ending at 23:00 PM Eastern on October 29th. Immutable X has a total market capitalization of $799.34 million and $44.49 million worth of Immutable X was traded on exchanges in the last 24 hours. One Immutable X token can now be purchased for $1.40 or 0.00001939 BTC on major cryptocurrency exchanges. During the last seven days, Immutable X has traded down 5.6% against the U.S. dollar.

Here is how related cryptocurrencies have performed during 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 down 2.2% 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 up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.8% against the dollar and now trades at $72,434.61 or 1.00221733 BTC.
• SolvBTC (SOLVBTC) traded 2% higher against the dollar and now trades at $72,378.72 or 1.00144412 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Immutable X

Immutable X’s launch date was 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 website is www.immutable.com. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. 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.”

Immutable X Token Trading

It is usually not currently 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 Gemini, 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