Immutable, known for its layer 2 scaling solution for Ethereum, is consistently making waves in the cryptocurrency market. By 2024, it's predicted that
Immutable X (IMX) could see a significant price growth. With strategic investments like
Pure Storage's investment in Cerabyte for sustainable immutable data storage, the company is advancing. It has been busy with major partnerships, for instance with
Republic for elevating the Web3 Gaming Ecosystem and fostering future growth with
GAM3S.GG. A significant demand surge for Immutable (IMX) has put it on target for multi-month resistance.
OKX wallet users can now earn Immutable's Gems via a web extension, possibly contributing to the 5% surge in its cryptocurrency.
Illuvium going live on Immutable zkEVM and other gaming tokens are seeing increased market activity on the back of news like
Immutable X, Gala, and PlayDoge recording gains.
Planetarium Labs has also partnered with Immutable to deliver next-gen Web3 game Immortal Rising 2. Immutable further announced a large gaming rewards program with the
Main Quest and released the
Immutable Passport for seamless sign-on for over 500K gamers. Further, with
Polygon Labs, the company launched the $100M Inevitable Games Fund.
The company remains bullish with Asian expansion plans and more strategic partnerships such as with Amazon and Ubisoft for advancing Web3 gaming. Immutable has effectively used blockchain technology to enhance gaming rewards for players and launched a blockchain with a gas-free player experience. The company's several other milestones include the launch of 'Passport' wallet infrastructure, partnership with Axelar for Web3 interoperability, and repeated topping of L2 Growth charts.
Eradication of 'gas' fees from Web3 player contributes to its soaring popularity and consistent
IMX token surge. Ranking as one of July's big Ethereum gaming token unlocks, Immutable predicts a high rewards program for gaming on the zkEVM network, strengthening their hold in the market.
Immutable News Analytics from Wed, 11 Oct 2023 17:06:43 GMT to Wed, 31 Jul 2024 06:30:03 GMT -
Rating 7
- Innovation 9
- Information 8
- Rumor 4
