The crypto space is ever-changing, and from time to time, we have witnessed the entrants of several blockchain protocols and digital currencies looking to exceed the functional limitation of existing protocols. If you’re serious about cryptocurrencies, our IMX price prediction could help you develop a more clarified perspective.
The future of gaming is somehow closely linked to Twitter:
http://youtube.com/watch?v=W2EoVrMT_Oo&ab_channel=Immutable
Immutable X is one of the hundreds of projects that have emerged in the crypto sphere as a scaling alternative for Ethereum’s shortcomings with NFTs – and it has established itself as a runaway success. The achievements of the Immutable X protocol have, in turn, drawn the attention of many investors to its native token.
Are you keen on crypto investing? If Immutable X is something that’s piqued your interest, read on as we bring you more details about the fundamentals of the protocol, its price history, technical analysis, and IMX price predictions for 2023 and beyond.
Today’s ImmutableX price is $0.800793 with a 24-hour trading volume of $25,913,561. ImmutableX is down 0.66% in the last 24 hours. The current CoinMarketCap ranking is #59, with a live market cap of $695,555,274. It has a circulating supply of 868,583,515 IMX coins and a max. supply of 2,000,000,000 IMX coins.
Also Read:
Immutable X claims to be the premier Layer-2 scaling solution for Non-fungible Tokens (NFTs) on the Ethereum blockchain. According to the development team, the blockchain is designed to overcome Ethereum’s limitations, such as low throughput, slow development experience, poor end-user experience, and illiquidity.
Instead, users and developers experience massive improvements in scalability, instant trading, and zero gas fees on minted and traded NFTs without jeopardizing their security and that of their assets. In other to achieve its goals, Immutability X leverages the STARK zk-rollups (an Ethereum-based off-chain protocol).
The native token of the Immutable X protocol is IMX – an ERC-20 token – used for various operations on the blockchain, such as network rewards, liquidity maintenance, trading, governance functions, system charging, and staking.
IMX coins have a total supply of 2,000,000,000 tokens, and the distribution is as follows:
Immutable X was created in 2018 by James and Robbie Ferguson, both of which are brothers and Forbes 30 Under 30 entrepreneurs. The network’s uniqueness is based on its utilization of zk-rollups (Zero-Knowledge rollups) and exclusive focus on Non-fungible Tokens.
With the increasing popularity of zk-rollups proof as an Ethereum scaling solution, Immutable X has found itself at the center of developments in the Ethereum space. With the possibility of reaching over 9000 transactions per second (TPS), Immutable X is poised to become the preferred blockchain for NFTs in no distant time.
One of the major elements of Immutable X is its API abstraction layer, which allows it to deliver scalable solutions to end-users. All NFT operations, such as minting and trading, are now simple API requests on the network because of its representational state transfer (REST) APIs – a feature the developers believe will be crucial to attracting new customers such as mainstream entertainment and gaming businesses.
The Immutable X protocol is keen on minimizing entry barriers for content creators and developers in the NFT space, making it possible to build marketplaces and next-gen Web3 games on the network.
The Immutable X (IMX) token began trading in November 2021 following an IEO on Huobi Global, a series of private sales, and two ICOs. Tokens initially sold for less than a quarter of a dollar on Huobi, soon jumped to $3, and peaked at $9.50 a few days after. Then came the big crash of 2022 that has so far devaluated the coin from about $5 in January 2022 to less than $1 in September 2022.
The Immutable X development team is constantly rolling out new developments and Web3 partnerships. Here are some of the plethora of most recent developments.
https://twitter.com/0xferg/status/1569797034466775042?s=20&t=h-h1afe_ybUapiJjgGY2Og
On March 11, 2023, an analysis of the IMX price showed a clear bearish trend, suggesting a downward movement for the cryptocurrency due to negative momentum in the market. Over a period of several hours, the IMX price remained consistently low and plummeted sharply from $0.96 to $0.77. However, there were signs of recovery in the market, and IMX was able to recover most of its lost value, reaching $0.80 and nearly touching $0.90. This is a positive indication of IMX’s market capitalization.
The price analysis of IMX suggests that the market is currently experiencing volatility following a decline, which suggests that the cryptocurrency may be less susceptible to sudden and significant changes in value in either direction. Bollinger’s band analysis indicates that the upper limit of IMX’s resistance level is set at $1.13, while the lower limit is at $0.85. These limits represent crucial levels of resistance for IMX.
According to the analysis, the IMX/USD price is currently experiencing a downward trend and trading below the Moving Average. Over the past few days, the market has been displaying a negative trend, resulting in further decreases. Today, there was a significant breakout in the market when the IMX price broke through its support level and then retraced back to that level. This development leaves the market highly susceptible to a complete reversal in the coming days.
Based on the price analysis of IMX, it has been determined that the Relative Strength Index (RSI) of the cryptocurrency is presently at 37, indicating a high degree of volatility. IMX is situated in the lower neutral area of the market. Moreover, the RSI seems to be trending downwards, indicating a substantial amount of selling activity in the market and causing the RSI score to decrease.
After examining the IMX price, it has been observed that the cryptocurrency is presently undergoing a considerable downward trend with the potential for further decline. The market is currently under bearish control, although it is unclear whether this trend will persist or if the bulls will regain power. Despite this uncertainty, there is a high chance of the bulls taking charge soon and instigating a bullish phase in the upcoming days. Nevertheless, only time can reveal the future of IMX cryptocurrency. To summarize, the market appears negative at the moment, but our analysis indicates the potential for a promising and positive upward trend in the future.
As per Cryptopolitan’s 2023 price prediction for IMX, the cryptocurrency is expected to witness a predominantly bullish trend, which could result in a considerable increase in its value, with the highest expected price being $0.87. The analysis also suggests that the minimum value for IMX in 2023 could be around $0.70, while the average value is predicted to be $0.73. It is important to note that the continuous updates and advancements in IMX’s technology could potentially impact its market value.
When it comes to the ImmutableX price prediction for 2024, our analysis suggests that the cryptocurrency is likely to reach a peak value of $1.27. This forecast is based on current market trends and various factors that could influence the price of IMX, such as technological advancements and updates. Furthermore, the expected average market price for IMX investors in 2024 is estimated to be around $1.09, which is a significant increase from the current value, with a minimum price of $1.05.
Based on our Immutable X price prediction 2025, the price of the IMX tokens is expected to witness significant growth, with a maximum value of $1.82. The projected average market price for the cryptocurrency is estimated to be $1.62, while the minimum price is expected to be $1.57. This forecast considers the potential growth in the adoption of blockchain technology and its applications, which could drive the demand for IMX and increase its market value. It is essential to note that the cryptocurrency market is highly volatile, and unforeseen factors may influence its price movement.
Our IMX Price prediction 2026 indicates that the market outlook for IMX in 2026 is generally positive, with the potential for a maximum price increase of $2.73 and a minimum price of $2.37. Additionally, we expect the average market price for IMX to be around $2.45. This prediction is based on several factors, such as the growing adoption of blockchain technology and the associated increase in demand for cryptocurrencies like IMX.
Our prediction for the IMX token price in 2027 indicates that investors may expect substantial gains, as the cryptocurrency has the possibility of reaching a peak value of $4.19. The average market price for IMX is anticipated to remain stable at $3.53, while the lowest price projected for the year is $3.43.
Our price prediction of IMX price for the year 2028 suggests that the cryptocurrency could potentially be traded at a minimum price of $4.84 and a maximum price of $5.85 per token. The average trading value for IMX is predicted to be around $4.98, indicating a positive trend in the market. This is expected to be driven by high demand for the token, as a result of its strong performance in the cryptocurrency market, leading to an upward price movement.
Our Immutable X IMX price prediction for 2029 predicts that the maximum trading price for IMX could reach $8.38, showing a significant increase from the current price. The cryptocurrency is anticipated to have an average trading price of $7.31 and a minimum price of $7.06 for the year.
Our IMX price forecast for 2030 indicates that the cryptocurrency is expected to experience a substantial increase in price, with a maximum value of $12.22. Additionally, we forecast a rise in the price support level, resulting in a minimum price of $10.57 and an average forecast price of $10.94.
According to our price prediction of IMX’s price for 2031, a bullish trend is expected, and the highest possible price is estimated to be $18.31, which signifies a substantial increase from the current market rate. The minimum price is projected to be around $16.20, and the average market price is anticipated to be $15.76. Immutable X price has a lot of potential, and it is likely to attract more users, which may result in a positive impact on the high price levels.
As per our Immutable X price forecast for 2032, the cryptocurrency is expected to witness an impressive surge in value, largely due to a bullish trend in the market. Our analysis predicts that IMX will reach a maximum price of $27.85 in 2032, with an average trading price of $24.00 and a minimum price of $23.19. The cryptocurrency’s performance is expected to be positive throughout the year, with significant upward fluctuations. This price prediction is subject to change, depending on market conditions and developments in the crypto industry.
DigitalCoinPrice’s Immutable X price predictions for 2023 indicate a potential increase of 114.13% in September, with a possible price of $1.74, followed by $1.74 in December. The site also forecasts an average price of $1.51 for 2023, and an increase to $1.96 in 2024. According to the prediction, IMX has a strong potential for growth, with a maximum price of $4.32 in 2028. In 2032, the cryptocurrency is expected to reach a maximum value of $15.77, with an average price of $15.68 in the same year.
The IMX cryptocurrency price prediction by CoinArbitrageBot had a diverse outlook for the upcoming years. According to their analysis, IMX had the potential to achieve $2.26 by 2023 and nearly $4.51 in 2024. The site also forecasted a bullish IMX price prediction for 2025 with the cryptocurrency trading at $7.90, followed by a dip to $4.10 in 2026, a recovery to just under $6.77 in 2027, and finally hitting $10.95 in 2028.
CoinCodex offered an optimistic short-term price forecast for Immutable X in 2023, predicting that the cryptocurrency could reach $1.23 by March 8th and nearly $1.39 by April 2nd. The site’s technical analysis indicated a bullish trend, with 21 indicators signaling positive market conditions and only seven showing bearish signs. The website also presented two scenarios for IMX’s price prediction in 2026: the best-case scenario, where it follows Facebook’s growth, predicts a price of $26.99, while the scenario where it follows the growth of the internet projects a price of $3.10.
Will IMX flip Polygon in 2023? See the proof here:
https://www.youtube.com/watch?v=K8qGU6BqaKI
ImmutableX presents itself in 2020 as the leading platform & ecosystem for web3 gaming on Ethereum. They’re bringing simplicity and power to the next billion players & builders. Three years hence, Immutable X recorded 14/30 (47%) green days with 7.63% price volatility over the last 30 days. Based on our Immutable X forecast, iAs per Cryptopolitan’s 2023 price prediction for IMX, the cryptocurrency is expected to witness a predominantly bullish trend, which could result in a considerable increase in its value, with the highest expected price being $0.87.
Our analysis predicts that IMX will reach a maximum price of $27.85 in 2032, with an average trading price of $24.00 and a minimum price of $23.19. The cryptocurrency’s performance is expected to be positive throughout the year, with significant upward fluctuations. This price prediction is subject to change, depending on market conditions and developments in the crypto industry.
As you all know by now, invest the amount you are willing to lose and best spread your investments in functioning cryptocurrencies if you want your investments to help change the industry, But if you are only in for short-term profit, here’s are some thoughts:
A different layer-2 solution for NFTs on Ethereum may emerge and gain greater traction than IMX. Buterin’s blockchain is currently a major participant in the cryptocurrency industry, whereas NXT is only a footnote. Let’s not forget that the NXT blockchain performed many of the functions that Ethereum performed before Ethereum.
Although it’s a younger cryptocurrency, it may still be too early to determine if it’s a good investment or not. You must conduct your own research before making an investment in IMX and seek independent professional consultation. Never risk more than you can afford to lose while investing. You need to be aware that prices might go up as well as down when dealing with cryptocurrencies because they can be quite volatile.
The crypto space is ever-changing, and from time to time, we have witnessed the entrants of several blockchain protocols and digital currencies looking to exceed the functional limitation of existing protocols. If you’re serious about cryptocurrencies, our IMX price prediction could help you develop a more clarified perspective.
The future of gaming is somehow closely linked to Twitter:
http://youtube.com/watch?v=W2EoVrMT_Oo&ab_channel=Immutable
Immutable X is one of the hundreds of projects that have emerged in the crypto sphere as a scaling alternative for Ethereum’s shortcomings with NFTs – and it has established itself as a runaway success. The achievements of the Immutable X protocol have, in turn, drawn the attention of many investors to its native token.
Are you keen on crypto investing? If Immutable X is something that’s piqued your interest, read on as we bring you more details about the fundamentals of the protocol, its price history, technical analysis, and IMX price predictions for 2023 and beyond.
Today’s ImmutableX price is $0.800793 with a 24-hour trading volume of $25,913,561. ImmutableX is down 0.66% in the last 24 hours. The current CoinMarketCap ranking is #59, with a live market cap of $695,555,274. It has a circulating supply of 868,583,515 IMX coins and a max. supply of 2,000,000,000 IMX coins.
Also Read:
Immutable X claims to be the premier Layer-2 scaling solution for Non-fungible Tokens (NFTs) on the Ethereum blockchain. According to the development team, the blockchain is designed to overcome Ethereum’s limitations, such as low throughput, slow development experience, poor end-user experience, and illiquidity.
Instead, users and developers experience massive improvements in scalability, instant trading, and zero gas fees on minted and traded NFTs without jeopardizing their security and that of their assets. In other to achieve its goals, Immutability X leverages the STARK zk-rollups (an Ethereum-based off-chain protocol).
The native token of the Immutable X protocol is IMX – an ERC-20 token – used for various operations on the blockchain, such as network rewards, liquidity maintenance, trading, governance functions, system charging, and staking.
IMX coins have a total supply of 2,000,000,000 tokens, and the distribution is as follows:
Immutable X was created in 2018 by James and Robbie Ferguson, both of which are brothers and Forbes 30 Under 30 entrepreneurs. The network’s uniqueness is based on its utilization of zk-rollups (Zero-Knowledge rollups) and exclusive focus on Non-fungible Tokens.
With the increasing popularity of zk-rollups proof as an Ethereum scaling solution, Immutable X has found itself at the center of developments in the Ethereum space. With the possibility of reaching over 9000 transactions per second (TPS), Immutable X is poised to become the preferred blockchain for NFTs in no distant time.
One of the major elements of Immutable X is its API abstraction layer, which allows it to deliver scalable solutions to end-users. All NFT operations, such as minting and trading, are now simple API requests on the network because of its representational state transfer (REST) APIs – a feature the developers believe will be crucial to attracting new customers such as mainstream entertainment and gaming businesses.
The Immutable X protocol is keen on minimizing entry barriers for content creators and developers in the NFT space, making it possible to build marketplaces and next-gen Web3 games on the network.
The Immutable X (IMX) token began trading in November 2021 following an IEO on Huobi Global, a series of private sales, and two ICOs. Tokens initially sold for less than a quarter of a dollar on Huobi, soon jumped to $3, and peaked at $9.50 a few days after. Then came the big crash of 2022 that has so far devaluated the coin from about $5 in January 2022 to less than $1 in September 2022.
The Immutable X development team is constantly rolling out new developments and Web3 partnerships. Here are some of the plethora of most recent developments.
https://twitter.com/0xferg/status/1569797034466775042?s=20&t=h-h1afe_ybUapiJjgGY2Og
On March 11, 2023, an analysis of the IMX price showed a clear bearish trend, suggesting a downward movement for the cryptocurrency due to negative momentum in the market. Over a period of several hours, the IMX price remained consistently low and plummeted sharply from $0.96 to $0.77. However, there were signs of recovery in the market, and IMX was able to recover most of its lost value, reaching $0.80 and nearly touching $0.90. This is a positive indication of IMX’s market capitalization.
The price analysis of IMX suggests that the market is currently experiencing volatility following a decline, which suggests that the cryptocurrency may be less susceptible to sudden and significant changes in value in either direction. Bollinger’s band analysis indicates that the upper limit of IMX’s resistance level is set at $1.13, while the lower limit is at $0.85. These limits represent crucial levels of resistance for IMX.
According to the analysis, the IMX/USD price is currently experiencing a downward trend and trading below the Moving Average. Over the past few days, the market has been displaying a negative trend, resulting in further decreases. Today, there was a significant breakout in the market when the IMX price broke through its support level and then retraced back to that level. This development leaves the market highly susceptible to a complete reversal in the coming days.
Based on the price analysis of IMX, it has been determined that the Relative Strength Index (RSI) of the cryptocurrency is presently at 37, indicating a high degree of volatility. IMX is situated in the lower neutral area of the market. Moreover, the RSI seems to be trending downwards, indicating a substantial amount of selling activity in the market and causing the RSI score to decrease.
After examining the IMX price, it has been observed that the cryptocurrency is presently undergoing a considerable downward trend with the potential for further decline. The market is currently under bearish control, although it is unclear whether this trend will persist or if the bulls will regain power. Despite this uncertainty, there is a high chance of the bulls taking charge soon and instigating a bullish phase in the upcoming days. Nevertheless, only time can reveal the future of IMX cryptocurrency. To summarize, the market appears negative at the moment, but our analysis indicates the potential for a promising and positive upward trend in the future.
As per Cryptopolitan’s 2023 price prediction for IMX, the cryptocurrency is expected to witness a predominantly bullish trend, which could result in a considerable increase in its value, with the highest expected price being $0.87. The analysis also suggests that the minimum value for IMX in 2023 could be around $0.70, while the average value is predicted to be $0.73. It is important to note that the continuous updates and advancements in IMX’s technology could potentially impact its market value.
When it comes to the ImmutableX price prediction for 2024, our analysis suggests that the cryptocurrency is likely to reach a peak value of $1.27. This forecast is based on current market trends and various factors that could influence the price of IMX, such as technological advancements and updates. Furthermore, the expected average market price for IMX investors in 2024 is estimated to be around $1.09, which is a significant increase from the current value, with a minimum price of $1.05.
Based on our Immutable X price prediction 2025, the price of the IMX tokens is expected to witness significant growth, with a maximum value of $1.82. The projected average market price for the cryptocurrency is estimated to be $1.62, while the minimum price is expected to be $1.57. This forecast considers the potential growth in the adoption of blockchain technology and its applications, which could drive the demand for IMX and increase its market value. It is essential to note that the cryptocurrency market is highly volatile, and unforeseen factors may influence its price movement.
Our IMX Price prediction 2026 indicates that the market outlook for IMX in 2026 is generally positive, with the potential for a maximum price increase of $2.73 and a minimum price of $2.37. Additionally, we expect the average market price for IMX to be around $2.45. This prediction is based on several factors, such as the growing adoption of blockchain technology and the associated increase in demand for cryptocurrencies like IMX.
Our prediction for the IMX token price in 2027 indicates that investors may expect substantial gains, as the cryptocurrency has the possibility of reaching a peak value of $4.19. The average market price for IMX is anticipated to remain stable at $3.53, while the lowest price projected for the year is $3.43.
Our price prediction of IMX price for the year 2028 suggests that the cryptocurrency could potentially be traded at a minimum price of $4.84 and a maximum price of $5.85 per token. The average trading value for IMX is predicted to be around $4.98, indicating a positive trend in the market. This is expected to be driven by high demand for the token, as a result of its strong performance in the cryptocurrency market, leading to an upward price movement.
Our Immutable X IMX price prediction for 2029 predicts that the maximum trading price for IMX could reach $8.38, showing a significant increase from the current price. The cryptocurrency is anticipated to have an average trading price of $7.31 and a minimum price of $7.06 for the year.
Our IMX price forecast for 2030 indicates that the cryptocurrency is expected to experience a substantial increase in price, with a maximum value of $12.22. Additionally, we forecast a rise in the price support level, resulting in a minimum price of $10.57 and an average forecast price of $10.94.
According to our price prediction of IMX’s price for 2031, a bullish trend is expected, and the highest possible price is estimated to be $18.31, which signifies a substantial increase from the current market rate. The minimum price is projected to be around $16.20, and the average market price is anticipated to be $15.76. Immutable X price has a lot of potential, and it is likely to attract more users, which may result in a positive impact on the high price levels.
As per our Immutable X price forecast for 2032, the cryptocurrency is expected to witness an impressive surge in value, largely due to a bullish trend in the market. Our analysis predicts that IMX will reach a maximum price of $27.85 in 2032, with an average trading price of $24.00 and a minimum price of $23.19. The cryptocurrency’s performance is expected to be positive throughout the year, with significant upward fluctuations. This price prediction is subject to change, depending on market conditions and developments in the crypto industry.
DigitalCoinPrice’s Immutable X price predictions for 2023 indicate a potential increase of 114.13% in September, with a possible price of $1.74, followed by $1.74 in December. The site also forecasts an average price of $1.51 for 2023, and an increase to $1.96 in 2024. According to the prediction, IMX has a strong potential for growth, with a maximum price of $4.32 in 2028. In 2032, the cryptocurrency is expected to reach a maximum value of $15.77, with an average price of $15.68 in the same year.
The IMX cryptocurrency price prediction by CoinArbitrageBot had a diverse outlook for the upcoming years. According to their analysis, IMX had the potential to achieve $2.26 by 2023 and nearly $4.51 in 2024. The site also forecasted a bullish IMX price prediction for 2025 with the cryptocurrency trading at $7.90, followed by a dip to $4.10 in 2026, a recovery to just under $6.77 in 2027, and finally hitting $10.95 in 2028.
CoinCodex offered an optimistic short-term price forecast for Immutable X in 2023, predicting that the cryptocurrency could reach $1.23 by March 8th and nearly $1.39 by April 2nd. The site’s technical analysis indicated a bullish trend, with 21 indicators signaling positive market conditions and only seven showing bearish signs. The website also presented two scenarios for IMX’s price prediction in 2026: the best-case scenario, where it follows Facebook’s growth, predicts a price of $26.99, while the scenario where it follows the growth of the internet projects a price of $3.10.
Will IMX flip Polygon in 2023? See the proof here:
https://www.youtube.com/watch?v=K8qGU6BqaKI
ImmutableX presents itself in 2020 as the leading platform & ecosystem for web3 gaming on Ethereum. They’re bringing simplicity and power to the next billion players & builders. Three years hence, Immutable X recorded 14/30 (47%) green days with 7.63% price volatility over the last 30 days. Based on our Immutable X forecast, iAs per Cryptopolitan’s 2023 price prediction for IMX, the cryptocurrency is expected to witness a predominantly bullish trend, which could result in a considerable increase in its value, with the highest expected price being $0.87.
Our analysis predicts that IMX will reach a maximum price of $27.85 in 2032, with an average trading price of $24.00 and a minimum price of $23.19. The cryptocurrency’s performance is expected to be positive throughout the year, with significant upward fluctuations. This price prediction is subject to change, depending on market conditions and developments in the crypto industry.
As you all know by now, invest the amount you are willing to lose and best spread your investments in functioning cryptocurrencies if you want your investments to help change the industry, But if you are only in for short-term profit, here’s are some thoughts:
A different layer-2 solution for NFTs on Ethereum may emerge and gain greater traction than IMX. Buterin’s blockchain is currently a major participant in the cryptocurrency industry, whereas NXT is only a footnote. Let’s not forget that the NXT blockchain performed many of the functions that Ethereum performed before Ethereum.
Although it’s a younger cryptocurrency, it may still be too early to determine if it’s a good investment or not. You must conduct your own research before making an investment in IMX and seek independent professional consultation. Never risk more than you can afford to lose while investing. You need to be aware that prices might go up as well as down when dealing with cryptocurrencies because they can be quite volatile.