Several articles have shone the spotlight on
Immutable X (IMX), a cryptocurrency related to the
gaming and NFT industry. The crypto has recently seen a significant
price surge of 15%, which is associated with the
SEC ending its investigation into the company. This development has increased bullish sentiments around
IMX despite initial predictions about struggles ahead for the token. IMX has also become popular among
crypto whales and has received a noticeable increase in
volume by 300%. Forecasters predict a return above $0.80 despite bearish price action in the recent past. The token has been declared as a good investment due to its role as a
Layer-2 Scaling Solution For NFTs. It also saw a 38% pump, creating a new 2025 high, which has the potential to bring $84 million in profits. Despite a
30-million token sell-off, which brought the price to a near all-time low, IMX remains bullish overall. It, however, had faced a threat of a lawsuit over token sales from the SEC.
IMX's association with the gaming sector has made it a top choice for traders and
crypto gaming coins for 2025. The token is poised for growth, and the
IMX price is expected to outperform other notable coins if the current support zone holds.
IMX Coin News Analytics from Thu, 22 Jul 2021 13:32:39 GMT to Wed, 24 Sep 2025 17:34:42 GMT -
Rating 8
- Innovation 6
- Information 4
- Rumor 5
