IMX coin, also known as
Immutable X, has been in the limelight for various reasons. October saw massive crypto token unlocks affecting multiple tokens, including IMX. The situation raised concerns about a big pump soon. Immutable X (IMX) daily traders experienced losses amid unsuccessful recovery attempts. However, IMX also exhibited a 7% price growth, suggesting a potential bullish reversal. The new cryptocurrency launch of mobile gaming has initiated profit flow into IMX as it continues to make significant moves in the market. Immutable X is also used in NFT operations.
An anticipated token unlock has named the IMX price expected to bracket APE. It outperformed the market, gaining 12% in a week. Also, amid Bitcoin topping $50,000, IMX has shone, presented as an under-exploited altcoin. IMX is showing promising signs of future growth, with experts predicting major price increases. Investors have also shown interest in the Meme coin, 'Yetio Ouro', thus shifting from FLOKI and IMX. But the IMX token hasn’t slumped and continues to exhibit surprising strength amidst the market downturn. It jumped by 18%. Another coin that’s giving it a run for its 'crypto' is Mpeppe, receiving an influx of IMX investors.
Having a surge in its token, Immutable X plans to conduct IMX token sales on CoinList beginning September 8. Its Coincheck listing pushed the coin to a 50-day high. There’s an expected downfall due to the unlocking of $66M of IMX on the platform, which could potentially put heavy sell pressure on the IMX token. A reliable investment, IMX, is likely to double your holdings this coming year.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:32:39 GMT to Mon, 14 Oct 2024 20:32:50 GMT -
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