Immutable X (IMX), a major Ethereum-based gaming asset, has seen quite a significant price turbulence. The US Security and Exchange Commission (SEC) issued a
Wells Notice signaling a potential lawsuit against Immutable over the company's token sales which shook the IMX price. Meanwhile, IMX also faces major setbacks as
token unlocks led to investors going towards different directions. Despite these, Immutable X has been making strategic updates. Amid the downbeat sentiments, it managed to secure
record-breaking growth, even though this outcome did not prevent a plunge in its token price. Concurrently,
IMX investors displayed continuing faith in the gaming firm, despite a supposedly imminent lawsuit from the SEC. There were several reports suggesting
potential bullish reversals for IMX but that still seems to be a speculation at this stage. Moreover,
Qubetics is reported to have included IMX in its presale. Furthermore,
IMX and
NEAR investors have been endorsing the presale of altcoin Cutoshi. Additionally,
IMX and ApeCoin are the subject of expectations linked to token unlocks.
IMX Price is also seen as having the potential to outperform APE following these events. Moreover, IMX's price is also increasing after
BlockDAG's testnet launch. In light of this,
gambling coin Mpeppe saw an influx of IMX investors. However, overall IMX price fluctuated considerably due to various events with
investors exiting Immutable while the
SEC threatens to sue over token sales.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:55:11 GMT to Wed, 18 Dec 2024 02:15:00 GMT -
Rating -3
- Innovation 1
- Information 3
- Rumor -1
