SMEs
Immutable X is a second layer (L2) scaling solution for NFTs on Ethereum, featuring instant transactions, massive scalability, and zero gas fees for minting and trading, all without compromising the security of users or assets. IMX is an ERC-20 utility token established to reward Immutable X network activities such as trading, liquidity provision, and building applications.
IMX sector attributes: L2, public chain, NFT+metaverse
The maximum supply is 2 billion, the current circulation rate is 45.71%, and the current circulation market value is 5 billion
IMX is a new coin. It has not experienced a bull market. It was first launched on November 5, 2021. It has experienced a complete bear market. The launch price was 0.16. The highest price was close to $9.5. The lowest price at the end of last year was 0.375. The decline was about 30 times. The wash was relatively sufficient.
IMX was a very popular star during its private placement.
As a long-term investment target, I believe IMX has the potential to rise by 3000%+.
Whether it is the sector or the performance of this round of rebound, it is enough to prove that there is still capital paying attention to it.
The current weekly chart has the opportunity to form a large head and shoulders bottom pattern.
But for the long term, now may not be a good time to enter the market. This is a long process. Long-term investment requires more patience.
(Not current investment advice)
