↑ Roller Coaster Ride: The Flux and Promise of IMX Coin
Immutable X (IMX) has become a hot topic within the cryptocurrency market, mainly due to its association with NFTs as a Layer-2 scaling solution....
Significant moments for the token include the SEC ending its probe into Immutable and IMX managing to turn bullish. It has further received a boost with the dropping of SEC charges, making it a hot topic in crypto news. However, the SEC has also issued a Wells Notice against Immutable, and there remains speculation over whether IMX can break a 3-month barrier to bring $84 million in profits.
Despite setbacks such as the IMX token losing upward momentum and potential retracement, there is still overall bullish sentiment. IMX has had a +40% increase in 2 weeks. In response to the SEC's lawsuit threat over IMX token sales, Immutable has pledged to fight back. Rumors of major partnerships, especially with prominent entities like Ubisoft, new product launches, and IMX being selected for major altcoin picks all point towards future positive trends.
Despite record-breaking growth, the IMX token has plunged 8%. In the future, watch out for potential token unlocks, a consistent theme throughout Immutable's journey. However, keep an eye on substantial sell-offs that might adversely affect the price of IMX.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:32:39 GMT to Thu, 03 Jul 2025 13:25:31 GMT - Rating 5 - Innovation 6 - Information 7 - Rumor -2