Immutable (IMX) is a cryptocurrency token that powers the Immutable protocol, a layer-two scaling solution for NFTs on Ethereum. It's designed to overcome Ethereum's limitations, such as low scalability, poor user experience, illiquidity, and slow developer experience ¹. With Immutable, users can enjoy instant trading, massive scalability, and zero gas fees for minting and trading NFTs, all while maintaining user and asset security ¹.$IMX

*Key Features of IMX:*

- _Native Utility Token_: IMX serves as the native utility token within the ImmutableX protocol, used to pay a portion of transaction fees on the platform ².

- _Governance Token_: IMX also functions as a governance token, allowing token holders to vote on proposals regarding the protocol's future development ².

- _Staking_: IMX can be staked to earn rewards from ImmutableX's revenues ².

*Market Statistics:*

The current market capitalization of IMX is approximately $2.79 billion, with a circulating supply of 1.6 billion IMX tokens ¹ ³. The 24-hour trading volume is around $79.85 million ³.

*Where to Buy IMX:*

You can trade IMX on various centralized crypto exchanges, such as Binance, OKX, and OrangeX ³.

*Use Cases:*

Immutable is particularly useful for web3 gaming, providing a secure foundation for developing and deploying web3 games powered by NFTs ². It also hosts a prominent NFT marketplace where users can easily mint and trade Ethereum-based NFTs ².