
Immutable Unveils Record-Breaking Growth, IMX Token Plunges 8%
Despite strong fundamentals and unexpected growth in 2024, the Immutable (IMX) token witnessed an 8% drop in the last 24 hours.
1H
-0.50%$0.0021
24H
-3.66%$0.0157
7D
17.0%$0.0602
30D
-25.7%$0.1430
Despite strong fundamentals and unexpected growth in 2024, the Immutable (IMX) token witnessed an 8% drop in the last 24 hours.
In addition to Arbitrum, a number of other projects are gearing up to unlock tokens this week. Axie Infinity, for instance, is set to release around 10.87 million AXS tokens on April 16.
GameStop has entered a new partnership with blockchain platform Immutable X, following plans to launch its NFT marketplace later this year. The platform discloses $100 million fund support for NFT content creators and tech developers.
Immutable X, the Layer-2 scaling solution for NFTs on Ethereum brings along the benefits of zero gas fee, high transaction throughput, and instant trade confirmations. Besides, this scaling solution also claims to be 100% carbon neutral.
Non-fungible tokens are gaining momentum like never before.
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