ImmutableX Price
What info is displayed on IMX price chart?
The Paybis IMX price chart displays:
Live IMX price
Current Market Cap of IMX
24hr Volume of IMX
Highest price of IMX in the last 24 hours
Circulating supply of IMX
Price of IMX in 50+ fiat currencies
This comprehensive data provides a clear view of the IMX to USD market.
Immutable price today
Immutable (IMX) stands out in the NFT ecosystem for its innovative approach to scaling and sustainability.
The live Immutable price chart on Paybis helps track its current value.
Customizable Timeframes: Monitor IMX price over different periods, from daily to yearly trends.
Currency Conversion: Calculate IMX price in USD or choose from 50+ other fiat currencies.
Market Insights: Access live market cap, volume, and circulating supply data to make informed decisions.
Immutable's role in the growing NFT market makes it a noteworthy asset for both enthusiasts and investors.
Analyzing Immutable price trends
Understanding the price trends of Immutable is crucial for both short-term trading and long-term investment strategies. The Paybis IMX price chart is an invaluable tool in this analysis, offering insights into:
Market Movements: Observe IMX's performance over different timeframes.
Fiat Currency Comparisons: Convert IMX into various fiat currencies to understand its value globally.
Investment Decisions: Use the data to strategize your investments, remembering that market trends are indicators, not guarantees.
What is Immutable?
Immutable X (now rebranded to “Immutable”) is a layer-2 scaling solution for NFTs on Ethereum, offering instant trade confirmation, massive scalability, and no gas fees, all while maintaining the security of the Ethereum network.
As the world's first zero-knowledge rollup for NFTs, Immutable aims to revolutionize the way we interact with digital assets.
The native token, IMX, is used for governance, paying transaction fees, and incentivizing various activities within the ecosystem.
Visit the IMX calculator or price page to track the Immutable price in real-time and understand its market dynamics.
Who invented IMX?
Immutable was developed by Immutable, an Australian-based company co-founded by James Ferguson, Robbie Ferguson, and Alex Connolly. Their vision was to create a scalable and environmentally friendly platform for NFTs without compromising on security.
How Immutable Works
Immutable functions as a layer-2 scaling solution for Ethereum, aimed at enhancing NFT transactions. It utilizes zero-knowledge rollups to offer high-speed and low-cost transactions while inheriting Ethereum's robust security features.
Zero Gas Fees: By batching thousands of off-chain trades into a single Ethereum transaction, Immutable eliminates gas fees for its users, making NFT trading more accessible.
Scalability: The platform can handle over 9,000 transactions per second, a significant improvement over Ethereum's current capacity.
Sustainability: Immutable is a carbon-neutral platform, addressing the environmental concerns associated with blockchain technology.
How will IMX price change in the future?
The future of Immutable is intertwined with the growth of the NFT market and Ethereum's scalability solutions.
As NFTs continue to gain mainstream adoption, platforms like Immutable, which offer scalable, secure, and environment-friendly solutions, are likely to see increased interest.
However, like any cryptocurrency, IMX's price is subject to market dynamics and speculation. Keep an eye on the Paybis IMX price chart for the latest trends and make informed decisions.
FAQ
Is there potential for Immutable price to rise?
Immutable is one of the leaders in the blockchain gaming space. If web3 gaming continues to rise and Immutable does not stop innovating, there is a high likelihood for IMX to rise in value. On the flip side, there is the risk of a complete washout if thongs do not go as expected.
Why should I buy IMX?
Immutable offers several benefits: it improves security as an open-source project vetted by the Ethereum community, offers zero gas fees for minting or launching a play-to-earn ecosystem, provides scalability with up to 9,000 transactions per second, features a non-custodial layout for enhanced security, has low fees for NFT trades, offers robust developer tools, and boasts interoperability with the Ethereum ecosystem.
How many people own 1 IMX?
You can use blockchain explorers to find out how many unique wallet addresses hold at least 1 IMX. Note that this is not indicative of how many people own 1 IMX because one person can create any number of wallets.
How much Immutable is available?
The total supply of IMX is 2 billion, with 1.2 billion coins currently in circulation.
