Immutable X (IMX) Hits Self Reported Market Capitalization of $657.84 Million

Immutable X (IMX) traded up 8% against the US dollar during the twenty-four hour period ending at 14:00 PM E.T. on August 6th. Immutable X has a total market capitalization of $657.84 million and $59.73 million worth of Immutable X was traded on exchanges in the last day. One Immutable X token can now be bought for about $1.15 or 0.00002022 BTC on cryptocurrency exchanges. During the last week, Immutable X has traded down 20.7% against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.7% against the dollar and now trades at $0.0121 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0.3% lower against the dollar and now trades at $0.0644 or 0.00000114 BTC.

Immutable X Token Profile

Immutable X’s launch date was July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 570,354,831 tokens. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. Immutable X’s official message board is www.immutable.com/blog. The official website for Immutable X is www.immutable.com. The Reddit community for Immutable X is https://reddit.com/r/immutablex/.

According to CryptoCompare, “Immutable X (IMX) is a Layer-2 scaling solution for Ethereum, designed by the team behind Immutable, a blockchain gaming company. It uses zk-rollups to enable fast and cheap transactions with zero gas fees. IMX is used for building dApps and executing smart contracts on Ethereum with high throughput, reduced congestion, and lower costs, making it ideal for gaming, marketplaces, and NFTs. The IMX token is used for transaction fees, network security, and governance.”

Buying and Selling Immutable X

It is usually not presently possible to buy alternative cryptocurrencies such as Immutable X directly using U.S. dollars. Investors seeking to trade Immutable X should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Immutable X using one of the exchanges listed above.

IMX/USD price chart by TradingView