IMX coin (IMX) is the native cryptocurrency of the Immutable X (IMX) blockchain, a decentralized, open-source network that utilizes a proof-of-stake (PoS) consensus algorithm to enable scalable, secure, and decentralized applications (dApps) for the metaverse, gaming, and digital assets. Here are some key details about IMX coin:

- Symbol: IMX

- Name: Immutable X

- Blockchain: IMX (native blockchain)

- Total Supply: 2 billion IMX

- Circulating Supply: 1 billion IMX (as of September 2024)

- Consensus Algorithm: Proof of Stake (PoS)

- Use Cases:

- Decentralized applications (dApps) for the metaverse

- Gaming and virtual worlds

- Digital assets and collectibles

- Decentralized finance (DeFi) and lending

- Benefits:

- Enables scalable, secure, and decentralized applications (dApps)

- Supports the growth of the IMX ecosystem

- Incentivizes participation in DeFi and lending

- Decentralized governance and decision-making

IMX coin plays a crucial role in the IMX ecosystem, enabling holders to participate in decentralized applications (dApps), governance, and decision-making, while also providing incentives for ecosystem growth and development.

Immutable X (IMX) is a decentralized, open-source network that utilizes a proof-of-stake (PoS) consensus algorithm to enable scalable, secure, and decentralized applications (dApps) for the metaverse, gaming, and digital assets, promoting decentralized innovation and development.

Please note that the information provided is based on my training data, and I would recommend verifying the details with the IMX team or a reliable cryptocurrency source for the most up-to-date and accurate information.

As always, do your own research and consider multiple sources before making any investment decisions.$IMX