Gaming Tokens have experienced a downturn with Bitcoin’s recent crash, impacting the prices of
IMX, SAND, and GALA. Interestingly, there are predictions of IMX's price potentially increasing in the future. However, such predictions come amidst legal challenges where the SEC reportedly aims at IMX for potential lawsuit regarding token sales. Emerging alternatives like Monsta Mash and LightChain AI have started gaining attention with their potential to outshine IMX. Meanwhile,
IMX token is showing signs of mixed performance; reporting record-breaking growth while simultaneously plummeting by 8% and experiencing a $5 million outflow, suggesting a turbulent price outlook.
Major holders also appear to be in a position of loss, suggesting their investment may not be profitable. However, the IMX tokens have shown a surprising 60% rally, leading to whale activity jumping by 360%. Ethereum-based coins including RBLK, AAVE, and IMX are being accumulated by
ETH whales, with IMX showing potential for a rise of up to 70% if it can hold a certain support zone.IMX is also facing
competition from tokens such as CUTO and has been compared with upcoming tokens ready for unlocking like ApeCoin. Coinciding with this, IMX price decline escalates following a Wells notice and a $44 million token unlock. Given the current sentiment, the
future of IMX remains uncertain, with potential for both hikes and declines.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:32:39 GMT to Mon, 03 Feb 2025 15:40:24 GMT -
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- Innovation 3
- Information 7
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