Immutable X has received a Wells Notice from the SEC, signaling increased scrutiny of major crypto projects. The timing of this notice is strategic, coinciding with significant events like the U.S. elections and Bitcoin halvings.
Despite challenges, confidence in the GameFi sector and Immutable X remains strong. Price predictions include a potential rise to $10, representing 500% gains. Key buying points include the $1.46 range. However, a worst-case scenario could see prices drop to $0.1.
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