Immutable X (IMX) Reaches Self Reported Market Cap of $748.75 Million

Immutable X (IMX) traded 1.4% lower against the dollar during the one day period ending at 21:00 PM E.T. on October 27th. One Immutable X token can currently be purchased for $1.31 or 0.00001940 BTC on major cryptocurrency exchanges. Over the last week, Immutable X has traded down 20.4% against the dollar. Immutable X has a total market cap of $748.75 million and approximately $24.32 million worth of Immutable X was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.5% higher against the dollar and now trades at $67,857.59 or 1.00277967 BTC.
• SolvBTC (SOLVBTC) traded 1.3% higher against the dollar and now trades at $67,822.56 or 1.00226199 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Immutable X Token Profile

Immutable X’s genesis 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. The official message board for Immutable X is www.immutable.com/blog. The Reddit community for Immutable X is https://reddit.com/r/immutablex/. Immutable X’s official Twitter account is @immutable and its Facebook page is accessible here. Immutable X’s official website is www.immutable.com.

According to CryptoCompare, “Immutable X (IMX) is a layer-2 scaling solution for NFTs on Ethereum, offering gas-free transactions and scalability through zk-rollups. The IMX token is used for transaction fees, staking, governance, and user incentives within the Immutable X ecosystem. It was created by Immutable, an Australian firm, to address Ethereum’s scalability limitations for NFTs.”

Buying and Selling Immutable X

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

IMX/USD price chart by TradingView