As a crypto trader or investor in digital cryptocurrencies, you may have heard of Immutable X crypto. Immutable X is a crypto project active in the gaming section of the crypto world. Immutable X is beneficial to traders due to several factors, including the higher rewards for doing a good job by players or developers on the network.

In addition to good rewards for gamers in the crypto market, Immutable X crypto also has solutions for certain problems that occur within the gaming industry as well as in other sectors in the crypto market. For example, the project offers solutions for the current scalability problems and high gas costs.

This article discusses some factors of Immutable X. For example, we will discuss the use case of Immutable X, the role of Immutable X in the crypto market. In addition, in this article we also look at the Immutable X crypto forecast, the IMX price and the latest Immutable X news. What will the Immutable X rate do?

Wat is Immutable X?

Immutable X is a crypto project that functions as a layer-2 blockchain project in the digital cryptocurrencies market. The project has many advantages over other projects. For example, the Immutable X project offers a solution to the scalability problems for NFTs on the Ethereum blockchain.

Besides a solution to the scalability problem, Immutable X has another major advantage. The tier-2 solution also has no gas costs, so transactions on this tier are free. And the layer 2 solution offers all these advantages without compensating for anything in terms of safety!

Immutable X is a crypto project that with all these advantages can well meet the demands and demands of developers, investors, traders and gamers in the crypto market. The layer-2 solution offers fast transactions, no transaction costs and good scalability for all kinds of games and applications.

What does the Immutable X rate do?

To raise money for the development of the Immutable X project, an initial coin offering was held. During this initial coin offering, investors could buy the IMX coin early and in this way invest in the development of the project.

Immutable X’s initial coin offering ended on September 15, 2021 and has raised a whopping $13 million. During this initial coin offering, the IMX coins were sold for a price of $0.15. The current IMX rate is $ 1.14.

The first data on the price of Immutable X are from November 5, 2021. After the currency was listed on the stock exchange, the price initially showed a nice increase with periods of volatility. However, a further stabilization of the price in 2022 was also accompanied by a fall in the price.

The Immutable X all time high tops out at $ 9.52. This Immutable X prize was achieved on November 26, 2021. As a result, it has been 261 days since the IMX value has peaked. With a market cap of $ 268,387,159 Immutable X is now in place 159 in the ranking of crypto projects based on market cap.

As a trader or investor it is very important to keep an eye on the price and the development of the IMX price. Based on this information, you can make a better Immutable X forecast and tailor your trading actions more specifically to the movement of the market. As a result, you will take full advantage of the volatility. Below is the Immutable X price chart.

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What is the Immutable X Expectation 2022 – 2027?

Since Immutable X offers solutions to all kinds of problems in the current crypto market, it can be an interesting project to invest in.

If we look at the Immutable X forecast for 2022, it is difficult to make a statement about this. This is because there are many factors that can significantly influence the price in the short term. In addition, the IMX price has the volatility that is common in the crypto market, making it impossible to make an exact IMX price prediction for the short term.

However, if we look at the Immutable X price forecast for 2027, we can say a little more. If Immutable X continues to develop and continue to meet the demand of the investors and traders in the market, the value of the IMX currency could increase significantly in the future. This can make it interesting to invest in the IMX currency for a period of five years.

It is impossible to predict exactly what the price of the Immutable X cryptocurrency will do. However, we can look back at the past development of the share price. We then see that the price has already shown a significant price increase. For example, the share price rose by 176.36% in November 2021!

No one can predict with certainty how the price of Immutable X will develop in the future. That’s why it’s important not to just believe an Immutable X prediction on social media. It is wiser to do your own research into the development of the price and to choose your trading strategy based on this information.

What is the use of the IMX coin?

The Immutable X project has its own native token traded in the digital cryptocurrencies market under the IMX symbol. The IMX coin has several applications to the crypto project.

If you want to invest or trade in IMX it is important to keep an eye on the scarcity of the currency. The scarcity of the coin is the difference between the maximum supply of IMX coins (ie 2,000,000,000 IMX) and the current IMX supply (ie 235,284,001 IMX).

In addition, as a trader or investor, it is also important to keep an eye on the development of the price of IMX. As a trader or investor, you can look at the price difference of the IMX coin in the past 7 days or in the past 24 hours. The price difference in the last 7 days was -4.03% and the price difference in the last 24 hours was 0.71%.

Huidige supply 235,284,001 SMEs Maximale supply 2,000,000,000 SMEs
% difference 24h 0.71% % difference 7D -4.03%

Where to buy Immutable X?

If you want to use the Immutable X crypto project, the layer-2 solution that the project offers or if you want to start trading the cryptocurrency then you need to get the IMX coin. You can buy this coin on various online exchanges.

A well-known and reliable online exchange where you can buy the Immutable X cryptocurrency is Bitvavo. Bitvavo is an online exchange that is easy to use and also has a wide range of online coins. Partly because of these advantages, many experienced and novice traders have already preceded you with trading via Bitvavo. So do you also want to start trading the IMX cryptocurrency? Create a free account on Bitvavo below and get started!

Exchange Description Rating
Bitvavo (Our recommendation!☝️) The best choice in NL. The lowest trading costs & easy to use. Receive a welcome bonus with your registration! 4,2/5 Visit exchange
eToro Largest social trading platform in the world. Trade with experts effortlessly and take advantage of their profits! 4,2/5 Visit exchange
Binance The largest exchange in the world, large assortment and many extras such as staking & ICOs 2/5 Visit exchange

The latest Immutable X news?

In this article we have already discussed various aspects and factors that can influence the development of the price such as the Immutable X forecast, the use case of the crypto project, the advantages that the crypto project has over other projects. and specific properties of Immutable X. Finally, the latest Immutable X news is also important.

By keeping an eye on today’s Immutable X news as a trader or investor, you are always the first to know about the latest developments and new collaborations around the Immutable X project. The official Twitter account is a good source of information.