Immutable X (IMX) Self Reported Market Cap Achieves $643.67 Million

Immutable X (IMX) traded 3.6% higher against the US dollar during the twenty-four hour period ending at 12:00 PM Eastern on August 20th. In the last week, Immutable X has traded down 6.4% against the US dollar. One Immutable X token can now be purchased for about $1.13 or 0.00001918 BTC on popular cryptocurrency exchanges. Immutable X has a market capitalization of $643.67 million and approximately $34.31 million worth of Immutable X was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in 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 2.2% lower 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.
• 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.
• 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 5.3% higher against the dollar and now trades at $0.0148 or 0.00000025 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 12.5% lower against the dollar and now trades at $0.0464 or 0.00000079 BTC.

About Immutable X

Immutable X launched on 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 website is www.immutable.com. 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.

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.”

Immutable X Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Immutable X directly using US dollars. Investors seeking to trade Immutable X should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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