Immutable Price IMX-INR

Immutable price prediction

Immutable Price Today in India is ₹ 109.25 with a 24-hour trading volume of ₹9,80,23,15,566. In the last 24 hours, IMX-INR price has decreased by -2.93%. Immutable CoinMarketCap rank is 59. The circulation supply of Immutable is 1,67,02,48,659.3898141IMX coins, with maximum circulating supply being unlimited.

Immutable X price prediction 2024

Because of the large community, IMX will be seen as a great choice, and its price will rise to all-time highs. It is difficult to forecast price changes, particularly when the market is more bullish OR bearish than usual. The cost of Immutable X in 2024 is expected to be around $0.8682. $1.06 is the most we can hope to get. By the end of 2024, the average price of Immutable X is predicted to reach approximately $0.8994. Within the range established by the cryptocurrency market, a significant price shift is anticipated.

Immutable X price history 2023

Immutable X was founded in 2018 by James and Robbie Ferguson with the goal of resolving the three issues raised by the NFT scaling trilemma: genuine decentralisation, scalability without sacrificing user custody, and accessibility. Before Immutable X, developers only had two choices: use a sidechain or switch from Ethereum to a different blockchain with more scalability but less of the ecosystem and security of Ethereum. Neither was a workable option for developers who wanted to prioritise revenue security and self-custody. When IMX was initially offered for sale, it was in late 2021. On November 26, it hit an all-time high of $9.49, but it eventually fell to conclude the year at $4.85.

In 2022 $200 million was raised in a significant Series C fundraising round led by Temasek, Animoca Brands, and Tencent. Immutable X presents its marketplace and IMX token.

Immutable X valued the firm at $3.5 billion after raising an astounding $280 million in a Series D fundraising round in 2023. Temasek, a sovereign firm based in Singapore, is leading this round. Animoca Brands and Tencent have also made substantial contributions. To support the next wave of Web3 games, Immutable X started the Immutable Grants programme. Funding and mentoring will be provided to game developers working on Immutable X.

Is Immutable a good investment in 2024?

Although the price of IMX is currently below its yearly high, there is a chance that it will return to and even surpass this level. There may be even greater prices in store given that the current rise is probably just the beginning of a longer-term bull market. For IMX, the near-term outlook is that the present uptrend will cease, perhaps resulting in a slight decline before it attempts to retest and possibly even beat its high from March.

This flexible digital asset can be staked by anyone holding IMX tokens to generate passive income. Staking is a great way for new users to make consistent profits while also enhancing network security. Network fees are shared by all Immutable X stakers and are sent right away to their wallet. IMX is given the right conditions to soar to new financial peaks. The price of ImmutableX is expected to rise. In the near future, it is anticipated that the price of IMX may see a bull trend.

Immutable Features

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