🔥 According to Cryptopolition: $MATIC and $IMX

#PolygonMATIC dropped 8% in market value. It is now selling for $1.03 in the crypto market, with a total market cap of $10B, and is ranked 16th. It is celebrated for providing a solution to blockchain’s inherent limitations regarding speed and transaction costs. However, the decreasing value has shifted investors’ interest to other altcoins.

#ImmutableX is known for its ability to work above limitations like low scalability, poor user experience, and a low developer experience. It helps users with instant trading and massive scalability. However, the IMX token is sliding further into the bear market. Its value has fallen by 20% in the previous month.

Moreover, IMX’s market cap is down. Its rising trading volume can trigger a resurgence; however, holders continue to look for alternatives. Some analysts anticipate that IMX will not show a price rally as it has fallen below the $3 support zone.