Immutable's IMX shows various behaviors; being bullish and posting notably high volumes, increasing by 300% and seeing a 15% surge after the SEC concluded its investigation. However, some predictions still foretell struggles for IMX. Accusations of IMX making huge returns are rampant, which would put it in the league of Dogecoin that achieved a $45 billion market cap. Plans are underway to expand IMX's margin pairs.
Immutable has had some challenges, such as possible legal action from the SEC regarding its token sales. Despite these, IMX remained chipper, and its price dropped again due mainly to a $5 million outflow. However, investors are keeping faith in the token, adding new investments like the A.I Casino using IMX profits.
In the gaming sphere, IMX has performed reliably, though it faced losses amid the Bitcoin crash. This has not dimmed the enthusiasm for IMX, with experts opining that it could outperform even in the coming days. Whales continue to transition into the altcoin market, and IMX has been on their radar. Additionally, IMX and Worldcoin notably lead in token unlocks, having a combined total of $513 million.
The future of IMX appears promising, with crypto enthusiasts looking forward to potentially massive growth and adoption in 2024 and 2025. Despite this optimism, some experts advise avoiding such coins as FET, IMX, and WERX to evade fallout in the crypto bank.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:32:39 GMT to Sun, 01 Jun 2025 07:00:00 GMT -
Rating 6
- Innovation 5
- Information 5
- Rumor 2
