{"id":565183,"date":"2023-12-13T09:00:02","date_gmt":"2023-12-13T09:00:02","guid":{"rendered":"https:\/\/wncen.com\/?p=565183"},"modified":"2023-12-13T08:33:06","modified_gmt":"2023-12-13T08:33:06","slug":"immutable-momentum-imx-rockets-to-2-21-scaling-heights-unseen-since-2022","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/immutable-momentum-imx-rockets-to-2-21-scaling-heights-unseen-since-2022\/","title":{"rendered":"Immutable Momentum: IMX Rockets To $2.21, Scaling Heights Unseen Since 2022"},"content":{"rendered":"
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Immutable and its native IMX token deviate from the current cryptocurrency market downturn triggered by declines in Bitcoin and Ethereum. While most prominent gaming tokens have followed suit, experiencing a decrease in value since late Sunday, this pattern highlights the interconnected nature of digital assets.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Despite market volatility, the IMX token fights the downward pressure and continues its previous upward trajectory, demonstrating a unique resilience and potential decoupling from cryptocurrency correlation.<\/p>\n

Related Reading: Injective (INJ) Trains Guns On $30 After Hitting An All-Time High Of $27 \u2013 Details<\/a><\/div>\n

Immutable’s IMX Hits $2 Milestone<\/strong><\/h2>\n

The trajectory of Immutable’s IMX token has been characterized by a rapid and substantial increase in value since October. This upward movement reached its zenith today, as the IMX token breached past the key $2 level.<\/a><\/p>\n

At the time of writing, IMX was trading at $2.01, up 42% in the last seven days,<\/a> data from CoinMarketCap shows.<\/p>\n

Such a peak represents a significant milestone for the token, as it marks a level that had not been reached since April 2022. This extended duration underscores the significance of the current price surge, suggesting a notable departure from the historical price trends of the IMX token.<\/p>\n

\"\"IMX seven-day price action. Source: CoinMarketCap<\/a><\/pre>\n
With a market valuation of more than $2.8 billion, Immutable X is one of the largest layer-2 networks globally. It is a network that is essential to the non-fungible token (NFT) and gaming industries.<\/p>\n
The organization has collaborated with some of the major names in the gaming sector in the last few years. Companies like Merit Circle, Illuvium, Unity, Ubisoft, and StarkWare are a few of the most renowned partners.<\/p>\n
In an effort to transform gaming on Beam in the future, the network has partnered with Merit Circle DAO and GameStop, two of the biggest American retailers.<\/p>\n
IMX market cap currently at $2.599 billion. Chart: TradingView.com<\/a><\/pre>\n
In order to establish Transak as the “principal payments partner” for Immutable Checkout on the zkEVM network, Immutable established a new partnership with the payments processor on Monday.<\/p>\n
Because of Immutable X’s low transaction costs, Ethereum-grade security, speedy transaction rates, and user-friendliness, developers adore it. Additionally, it contains all the tools required by developers to create scalable games, including Orderbook, Marketplace, Checkout, and Passport.<\/p>\n
IMX Price Prediction<\/strong><\/h2>\n
With 18 of the 30 (or 60%) green days and 11.72% price volatility over the past 30 days, Immutable X is still attracting the interest of investors. Likewise,\u00a0Immutable’s future appears bright as 27 technical indicators are glowing green.<\/p>\n
\"\"<\/p>\n
IMX price forecast. Source: Coincodex<\/a><\/pre>\n
The CoinMarketCap ranking of the IMX token has increased to 29th. The spike is in reaction to VanEck’s claim that the introduction of new blockchain-based video games, such Illuvium, which is due out next year, may raise the value of the IMX token.<\/p>\n
Immutable has also been trying to fix many of the technological pain points that have hampered the success of Web3 gaming thus far, according to VanEck.<\/a><\/p>\n
Meanwhile, Coincodex’s current Immutable price prediction indicates that this week’s price of Immutable will fall by -7.18% to $ 0.003929.<\/p>\n
Related Reading: Bitcoin Speed Bump: A Week\u2019s Surge Crumbles In Just 20 Minutes<\/a><\/div>\n
\"\"<\/p>\n
IMX Greed Index. Source: Coincodex<\/a>.<\/pre>\n
The coin’s technical indicators show a bearish attitude at the moment, despite the Fear & Greed Index hitting 65 (Greed).<\/p>\n
Featured image from Shutterstock<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Immutable and its native IMX token deviate from the current cryptocurrency market downturn triggered by declines in Bitcoin and Ethereum. While most prominent gaming tokens have followed suit, experiencing a decrease in value since late Sunday, this pattern highlights the interconnected nature of digital assets. Despite market volatility, the IMX token fights the downward pressure and continues its previous upward trajectory, demonstrating a unique resilience and potential decoupling from cryptocurrency correlation. Related Reading: Injective (INJ) Trains Guns On $30 After Hitting An All-Time High Of $27 \u2013 Details Immutable’s IMX Hits $2 Milestone The trajectory of Immutable’s IMX token has been characterized by a rapid and substantial increase in value since October. This upward movement reached its zenith today, as the IMX token breached past the key $2 level. At the time of writing, IMX was trading at $2.01, up 42% in the last seven days, data from CoinMarketCap shows. Such a peak represents a significant milestone for the token, as it marks a level that had not been reached since April 2022. This extended duration underscores the significance of the current price surge, suggesting a notable departure from the historical price trends of the IMX token. IMX seven-day price action. Source: CoinMarketCap With a market valuation of more than $2.8 billion, Immutable X is one of the largest layer-2 networks globally. It is a network that is essential to the non-fungible token (NFT) and gaming industries. The organization has collaborated with some of the major names in the gaming sector in the last few years. Companies like Merit Circle, Illuvium, Unity, Ubisoft, and StarkWare are a few of the most renowned partners. In an effort to transform gaming on Beam in the future, the network has partnered with Merit Circle DAO and GameStop, two of the biggest American retailers. IMX market cap currently at $2.599 billion. Chart: TradingView.com In order to establish Transak as the “principal payments partner” for Immutable Checkout on the zkEVM network, Immutable established a new partnership with the payments processor on Monday. Because of Immutable X’s low transaction costs, Ethereum-grade security, speedy transaction rates, and user-friendliness, developers adore it. Additionally, it contains all the tools required by developers to create scalable games, including Orderbook, Marketplace, Checkout, and Passport. IMX Price Prediction With 18 of the 30 (or 60%) green days and 11.72% price volatility over the past 30 days, Immutable X is still attracting the interest of investors. Likewise,\u00a0Immutable’s future appears bright as 27 technical indicators are glowing green. IMX price forecast. Source: Coincodex The CoinMarketCap ranking of the IMX token has increased to 29th. The spike is in reaction to VanEck’s claim that the introduction of new blockchain-based video games, such Illuvium, which is due out next year, may raise the value of the IMX token. Immutable has also been trying to fix many of the technological pain points that have hampered the success of Web3 gaming thus far, according to VanEck. Meanwhile, Coincodex’s current Immutable price prediction indicates that this week’s price of Immutable will fall by -7.18% to $ 0.003929. Related Reading: Bitcoin Speed Bump: A Week\u2019s Surge Crumbles In Just 20 Minutes IMX Greed Index. Source: Coincodex. The coin’s technical indicators show a bearish attitude at the moment, despite the Fear & Greed Index hitting 65 (Greed). Featured image from Shutterstock<\/p>\n","protected":false},"author":557,"featured_media":565200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,8952,87104,89461,87105],"class_list":["post-565183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-immutable","tag-immutablex-imx","tag-imx","tag-imx-price"],"acf":[],"yoast_head":"\nImmutable Momentum: IMX Rockets To $2.21, Scaling Heights Unseen Since 2022<\/title>\n<meta name=\"description\" content=\"Immutable and its native IMX token deviate from the current cryptocurrency market downturn triggered by declines in Bitcoin and Ethereum. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Immutable Momentum: IMX Rockets To $2.21, Scaling Heights Unseen Since 2022","url":"http:\/\/wncen.com\/news\/immutable-momentum-imx-rockets-to-2-21-scaling-heights-unseen-since-2022\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/immutable-momentum-imx-rockets-to-2-21-scaling-heights-unseen-since-2022\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/a-86.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/a-86.png?fit=352%2C211"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","immutable","immutablex (imx)","imx","imx price"],"dateCreated":"2023-12-13T09:00:02Z","datePublished":"2023-12-13T09:00:02Z","dateModified":"2023-12-13T09:00:02Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Immutable Momentum: IMX Rockets To $2.21, Scaling Heights Unseen Since 2022\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/immutable-momentum-imx-rockets-to-2-21-scaling-heights-unseen-since-2022\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/immutable-momentum-imx-rockets-to-2-21-scaling-heights-unseen-since-2022\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/a-86.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/a-86.png?fit=352%2C211\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"immutable\",\"immutablex (imx)\",\"imx\",\"imx price\"],\"dateCreated\":\"2023-12-13T09:00:02Z\",\"datePublished\":\"2023-12-13T09:00:02Z\",\"dateModified\":\"2023-12-13T09:00:02Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/a-86.png?fit=352%2C211","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/565183"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=565183"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/565183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/565200"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=565183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=565183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=565183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}