Immutable X Trading 12.9% Higher This Week (IMX)

Immutable X (IMX) traded down 0.5% against the U.S. dollar during the 24 hour period ending at 19:00 PM ET on May 7th. Immutable X has a market capitalization of $1.23 billion and approximately $49.08 million worth of Immutable X was traded on exchanges in the last day. One Immutable X token can currently be bought for approximately $2.16 or 0.00003469 BTC on major exchanges. During the last seven days, Immutable X has traded up 12.9% against the U.S. dollar.

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

• KILT Protocol (KILT) traded down 1% against the dollar and now trades at $0.30 or 0.00000481 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 up 1.9% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.8% higher against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Immutable X Profile

Immutable X was first traded on July 18th, 2021. Immutable X’s total supply is 2,000,000,000 tokens and its circulating supply is 570,354,831 tokens. 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. The official message board for Immutable X is www.immutable.com/blog.

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