Immutable X price (IMX price live) - Immutable X price today

Immutable positions itself as the first scaling solution for NFTs on the Ethereum network. According to Immutable, its blockchain eliminates Ethereum's limitations, such as low scalability, lack of liquidity, and a slow developer experience. In return, users benefit from instant trading and significant scalability, while enjoying low fees for generating and trading NFTs without compromising user security.

Immutable cryptocurrency applications

IMX Governance

IMX holders have the right to participate in the governance of the platform. They can vote on proposals related to the development and improvement of the platform, such as the addition of new functions or changes to the tariff structure.

IMX Liquidity

Immutable also allows the generation of NFTs, which can be traded on the platform. Therefore, IMX units can be used as collateral to generate liquidity funds, which provide users with more trading opportunities and a more efficient NFT market.

Immutable Price (IMX)

Analyzing risks and profit potential are essential in any investment, including in the case of Immutable and the IMX price. The increase in demand for the IMX cryptocurrency, also traded outside the stock market, provides opportunities for investors to trade calculated and take advantage of price fluctuations and to obtain an advantageous IMX price for trading and buying on trading platforms.

What determines Immutable's price fluctuations?

IMX price fluctuations are influenced by a number of factors:

• Demand and supply of IMX - the Immutable cryptocurrency

In traditional economic concepts, if the demand is high, the price of IMX will increase. Conversely, if the demand is low, the Immutable price will decrease. Demand for IMX cryptocurrencies is influenced by factors such as media attention, the state of the global economy and financial regulations.

The Immutable digital currency was designed so that there is a limited number of units in circulation. This mechanism can generate a constant increase in the price of the IMX cryptocurrency because it means that the supply of the cryptocurrency is reduced.

• Popularity and media attention for the Immutable cryptocurrency

The popularity of the Immutable cryptocurrency is a major factor influencing the price of Immutable. The IMX community around the project can significantly influence the perception of the average consumer on the crypto project. Simple curiosity about cryptocurrencies leads to high investments, which affects the price of IMX in the market. At the same time, the price is influenced by announcements from state authorities and companies in the field.

In general, the FOMO (fear of missing out) phenomenon can be created around the markets, which applied in the investment area, is represented by investors' fear of missing the moment of entering the market. In order to counteract or avoid the FOMO effect on investment decisions, we recommend that you actively inform yourself and understand the real factors that can dictate the price of the Immutable cryptocurrency .

• The IMX economy and ecosystem

The economic risks of the states are another aspect that can lead to an increase in the Immutable price. Especially in countries with high inflation, the population is turning its attention to new methods of protecting money, a fact that can influence the value of cryptocurrencies, including IMX value.

Advantages of Immutable cryptocurrency (IMX)

Fast transactions with IMX, with low costs

One of the main advantages of using the IMX cryptocurrency is that it offers fast transactions with minimal costs. This is because it uses Layer 2 scaling technology to process transactions outside the blockchain, which reduces the burden on the Ethereum network and improves transaction speed and offers users low fees.

Security

Immutable offers a secure platform for trading digital assets. This is due to the fact that it uses a zk-rollup technology, which ensures that all transactions are verified and validated in the Ethereum network, making it resistant to attacks. This means that users can trade with confidence and avoid the risks associated with traditional centralized exchanges.

Immutable (IMX) cryptocurrency history

Immutable (IMX) is an Ethereum-based cryptocurrency developed by Immutable, a Sydney-based blockchain gaming company. The IMX token was launched in December 2020 with the aim of facilitating decentralized transactions and NFT transactions. The project has raised over $60 million in funding, including a $15 million investment from billionaire Mark Cuban. Immutable focuses on developing a more user-friendly blockchain experience and has developed popular games such as Gods Unchained, which uses the Ethereum blockchain to allow players to own in-game digital assets.

Immutable (IMX) - Frequently Asked Questions (FAQ)

What blockchain does the IMX cryptocurrency use?

Ethereum

How do I mine IMX cryptocurrency?

It is not mined.

What is the limit of units in the case of the IMX cryptocurrency?

The number of IMx units is 2,000,000,000 IMX

What is the highest Immutable price in EUR?

The highest Immutable (IMX) price was recorded at EUR 8.

How can I buy Immutable at the best price?

The fastest and most advantageous way to buy Immutable is on the Tradesilvania.com platform at the live Immutable price displayed in the Tradesilvania user account 24/7.

What is the Immutable price today?

The Immutable price varies several times per second in the platform and the instant price is available in the user account. Daily purchase limit (IMX Limit Order type is 1,000,000 EUR/transaction).

How do I buy Immutable (IMX)?

You can buy Immutable (IMX) through multiple Tradesilvania order types using Lei, Euro or USDT.

1. Create an account on the Tradesilvania platform simply in a few minutes
   The first step to use the platform is to create an account. After confirming the account, you must go through an activation process.
2. RON or EURO deposit
   You can deposit RON or EURO in your digital wallet by Paying with Visa/Mastercard Card, Bank Transfer or cash at SelfPay, Un-doi Payment Center and StartPay points.
   
3. Buy Immutable (IMX)
   To buy Immutable you must access the Trading section. After you place an order, in most cases it is completed instantly. Note: The Immutable price varies over time.

Are you ready to buy Immutable - IMX to build a crypto portfolio on the Tradesilvania platform?