About Immutable

IMX is an Ethereum token that powers Immutable X, a scaling solution for NFTs that aims to enable near-instant, low fee transactions. IMX can be used for staking on Immutable X, voting on the future of the protocol, and paying transaction fees.

Happening now

AI generated 14h ago

IMX dropped ↘5% today with a ↘6% decline over 17 hours, ranking among bottom Layer 2 performers.

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$0.1371

Trading Insights

Buyer Ratio

63%0%

Traders

155

6.9%

Buyers

97

6.59%

Sellers

58

0%

Searched

157

Market Stats

Market Cap

$269.75M

3.84%

FDV

$269.75M

Circ. Supply

2B IMX

Max Supply

2B IMX

Total Supply

2B IMX

Diluted Valuation

$270.11M

Performance

Popularity

#104

Dominance

0.01%

Volume (24H)

$23.30M

5.06%

Volume (7D)

$165.74M

Volume (30D)

$777.78M

All time high

$9.50

Price Change (1Y)

Not enough data

71.3%

Additional details

Market details

IMX vs markets

↘ 66.05%

IMX vs BTC

↘ 64.6%

IMX vs ETH

↘ 74.94%

Tags

collectibles-nfts

zero-knowledge-proofs

gaming

scaling

+4

Network & Addresses

Network
Address

Ethereum

0xF57e7e7C23978C3cAEC3C3548E3D615c346e79fF

Price history

Time
Price
Change
Today
$0.1371
-2.46%
1 Day
$0.1408
-2.46%
1 Week
$0.1466
-6.68%
1 Month
$0.1671
-18.62%
1 Year
$0.4767
-71.30%

Coinbase insights

Happening now

AI generated 14h ago

IMX dropped ↘5% today with a ↘6% decline over 17 hours, ranking among bottom Layer 2 performers.


Market Position

Ranks fourth in Layer 2 volume despite ↘7% decline while ARB surged ↗21%

Weekly drop ↘10% significantly underperforms Layer 2 peers led by OP

Monthly decline ↘20% exceeds Layer 2 category average of ↘9%

Recent trends

The latest IMX price is $0.1371. Compared to Immutable's value of $0.14 from 24 hours ago, there's been a -2% decrease, while the current price is -7% down from $0.15 which was recorded one week ago. Immutable's all time high is $9.50, which was reached on November 26, 2021. This is a -99% change from its price today.

The current circulating supply of Immutable is 2,000,000,000. This is 100% of its max supply of 2,000,000,000 IMX and 100% of its total supply of 2,000,000,000. The market cap is currently $269.75M, which is a result of multiplying the current price of Immutable($0.14) by the total supply(2,000,000,000 IMX). The fully diluted valuation of Immutable is $269.75M. The diluted valuation of Immutable is $269.75M.

Immutable had 97 buyers, 58 sellers and total 155 trades in the last 24h. Immutable was searched 157 times in the last 24h.

FAQ

Immutable (IMX) is a layer-two scalingi solution for Non-Fungible Tokens (NFTs) on the Ethereum blockchain. It aims to address the limitations of Ethereum, such as low scalability and high transaction costs, by aiming to provide instant trading, massive scalability, and zero gas fees for minting and trading NFTs. Immutable is built with STARK zk-rollups, a technology that aims to enhance the scalability of Ethereum. This technology allows users to create and distribute assets like ERC-20 and ERC-721 tokens on a large scale. The IMX token, the native utility token of the Immutable protocols, is used for fees, staking, and governance within the network.

Immutable operates using STARK zk-rollups, a technology that aims to enhance the scalability of Ethereum. This technology allows users to create and distribute assets like ERC-20 and ERC-721 tokens on a large scale. The protocol also provides an intermediate layer called the "Link," which enables an NFT-specific wallet experience and allows Immutable X to support a third-party marketplace ecosystem without security risks. With its shared global order book facilitating protocol liquidity, NFT marketplaces can be built on Immutable X without a backend. This means third-party marketplace solutions can co-exist with the protocol’s native marketplace.

Immutable strives to provide a platform for the creation and trading of NFTs on a large scale. It strives to provide a high-quality experience for users and developers alike. The protocol's native utility token, IMX, is used for fees, staking, and governance within the network. This means that users can stake IMX to receive a proportional share of the network’s fees and vote on governance proposals. Immutable also aims to lower the barriers of entry for content creators and smaller developers, making it easier for them to create and distribute assets.

Immutable was founded by James Ferguson and Robbie Ferguson, both Forbes 30 Under 30 entrepreneurs. The team consists of more than 100 members from different backgrounds like blockchain, FAANG, finance, fintech, and management consulting. The project received support from various investors. Immutable X, a layer-two solution that utilizes zk-rollups and focuses on NFTs, is a part of the project.

We update our Immutable to USD currency in real-time. Get the live price of Immutable on Coinbase.

The current market cap of Immutable is $269.751M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Immutable is $9.50. This all-time high is highest price paid for Immutable since it was launched.

Over the last 24 hours, the trading volume of Immutable is $23.303M.

Assets that have a similar market cap to Immutable include Injective, Conflux, Bitcoin SV, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Immutable is 2 billion.

Immutable ranks 77 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 95% of Coinbase users are buying Immutable. In other words, 95% of Coinbase customers have increased their net position in Immutable over the past 24 hours through trading.

Yes, Immutable is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Immutable guide.

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Social stats

Popularity in posts

#112

Contributors

427

Posts

635

% About Immutable

0.119%

Articles

1

X (Twitter)

51.58% bullish

Sentiment

4.3 ★

Highlights

427 unique individuals are talking about Immutable and it is ranked #112 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Immutable has an average sentiment score of 4.3 out of 5. Finally, Immutable is becoming less newsworthy, with 1 news articles published about Immutable.

On Twitter, people are mostly bullish about Immutable. There were 57.29% of tweets with bullish sentiment compared to 11.06% of tweets with a bearish sentiment about Immutable. 42.71% of tweets were neutral about Immutable. These sentiments are based on 221 tweets.

On Reddit, Immutable was mentioned in 101 Reddit posts and there were 182 comments about Immutable. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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