Immutable IMX, a Layer-2 scaling solution for NFTs, has been making news in the cryptocurrency market. Despite occasional periods of panic selling, the IMX token has seen notable gains, surging by 1.52% amid a general crypto surge and by as much as 15% after the unveiling of a new staking reward scheme. The U.S. Securities and Exchange Commission's dropping of charges against IMX saw its value stabilize, leading to it topping crypto news. Progress continues as the crypto firm prepares for an unlock of the IMX token and a launch of IMX Staking on Immutable ZkEVM. Projections continue to be positive in the long-term, with expectations of reaching $3.27 by 2025. However, whales selling off major quantities of IMX caused temporary drops. Immense growth is predicted for the crypto firm, even as it battles legal summons from the SEC over IMX token sales. The addition of an A.I Casino for long-term investments has helped to encourage investor enthusiasm. The latest partnerships with top firms like Ubisoft have led to surges in IMX's price, further adding to its bullish outlook. However, volatility remains, with incidents of sharp falls in its price. It is crucial for potential investors to keep a close watch on crypto market trends and make decisions accordingly.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:32:39 GMT to Fri, 18 Jul 2025 18:34:42 GMT -
Rating 4
- Innovation 7
- Information 6
- Rumor 3