Immutable X (IMX), facing market volatility and legal issues, has seen considerable fluctuations in its price. Notably, the
SEC had launched an investigation into
IMX, but eventually decided to drop the probe, causing a 15% rally. Despite the relief from regulatory scrutiny,
IMX’s price has struggled, leading some investors to explore other potential opportunities in coins including INX and MEMEX. Significant token unlocks worth $513 million further pressured the coin. In terms of outlook, some analysts anticipate a stronger performance for
IMX in the future, even suggesting it could emulate the success of Dogecoin and hit a $45 billion market cap. Following a Wells notice, there was acceleration in
IMX price decline. A $5 million outflow further put the
IMX price in trouble. However, a potential 70% price rise is expected if a certain support zone holds. The addition of a new A.I Casino to long-term investments illustrates some users' faith in
IMX's financial prospects. Conversely, other experts predict the coin will never return to $2.00 and may look to other investments like the new Panshibi for larger return yields. Despite these mixed sentiments,
Worldcoin (WLD) and
Immutable (IMX) led token unlocks, with
IMX expected to outperform APE.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:32:39 GMT to Wed, 23 Apr 2025 15:21:00 GMT -
Rating -2
- Innovation 2
- Information 4
- Rumor -1
