BTCC/ Crypto Prices / Immutable (IMX)
Immutable

Immutable Price IMX

CAD
C$0.221418
-C$0.000971 -0.44%
1D7D1M3M1Y YTD All

Last updated:

View Chart

Immutable Today's Price

The real-time price of Immutable today is C$0.221418(IMX/CAD), with a market capitalization of C$443.17M CAD. The 24-hour trading volume is C$0 CAD. The price of IMX to CAD updates in real time. Over the past 24 hours, Immutable has changed by -0.44%, with a circulating supply of 1.99B.

Buy Immutable

About Immutable

What is Immutable X?

Immutable X specializes in providing blockchain solutions for the gaming industry. Its flagship product, Immutable X, is a Layer 2 scaling solution designed to optimise the Ethereum gaming experience by enabling gas-free transactions.

Immutable X offers near-instant trade confirmation and improved scalability, as well as near-zero gas fees, all of which are crucial for gaming environments and non-fungible token (NFT) transactions.

Immutable significantly increases Ethereum’s transaction throughput, facilitating thousands of transactions per second (TPS) on its Layer 2 and surpassing Ethereum’s limitations.

In the growing play-to-earn gaming sector of the crypto industry, the Immutable X platform connects gaming characters and games, enabling players to use a single profile across multiple titles.

Immutable X’s L2 uses smart contracts written in Ethereum’s Solidity programming language to create blockchain games and execute complex, autonomous agreements across its product range.

What problem does Immutable X solve?

Immutable X addresses the high gas fees, poor user experience and scalability issues associated with minting and trading non-fungible tokens (NFTs) on the Ethereum network.

The congested nature of Ethereum’s Layer 1 and its high transaction costs, particularly for NFTs, often prevent it from providing an optimal environment.

Immutable resolves these issues by providing a Layer 2 scaling solution designed specifically for NFTs. This ensures that artists, gamers and collectors can mint, purchase and sell NFTs without incurring gas fees, while still benefiting from the security guarantees of Ethereum’s base layer.

IMX tokenomics

Immutable X’s native cryptocurrency, IMX token, was released in 2021 as an ERC-20 token with a maximum supply limit of 2,000,000,000 tokens.

The issuance schedule of IMX aligns with Immutable’s long-term vision and the needs of its community. Key components of this schedule include:

  • Ecosystem Development and Participant Rewards: A significant portion of the IMX supply is allocated to the growth of the Immutable ecosystem. This includes rewards for developers, users, and partners who contribute to the platform’s expansion and adoption.
  • Staking Rewards: IMX holders can stake their tokens to earn rewards. This helps secure the network and aligns the interests of token holders with the platform’s success.
  • Company Reserve and Team Allocation: A reserve is maintained for the company and team members, and vested over a period to align long-term interests with the platform’s growth.
  • Public Sale and Initial Distribution: The public sale of IMX tokens was conducted to distribute tokens to a broader audience, facilitating initial liquidity and distribution.

How to buy IMX?

The easiest way to buy IMX is through a crypto exchange like BTCC. BTCC makes purchasing IMX easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first IMX purchase, register with BTCC today.

View more

Immutable News

View more

Immutable FAQ

Why is Immutable going up?

Immutable's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.

 

Is Immutable a wise investment based on its price history?

Immutable(IMX) has historically grown over time but is volatile. Investment decision should be made based on risk tolerance and long-term strategy.

When will Immutable crash again?

Predicting the exact timing of a Immutable crash is impossible, as the market is affected by a complex mix of global economics, regulation, and investor sentiment.

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Immutable’s all-time low (ATL)?

The Immutable All-Time Low (ATL) price was 0, which was recorded on 2021-11-05 11:45. This stands as the lowest price for Immutable(IMX) on record.

 

 

What was Immutable’s all-time high (ATH)?

The Immutable All-Time High (ATH) was C$12.99, which was recorded on 2021-11-26 01:00. This represents the highest price Immutable has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live IMX price for the most up-to-date information.

How many Immutable are there?

Immutable(IMX) currently records a circulating supply of 1.99B, with its maximum supply capped at 2.00B.

 

What is the current market cap of Immutable(IMX)?

The current market cap of Immutable(IMX) is C$443.17M. A cryptocurrency's market cap refers to its total circulating supply multiplied by its current price.

What is Immutable's 24h trading volume?

Immutable's 24h trading volume is C$0, representing the total value of all Immutable(IMX) bought and sold across exchanges over the past 24 hours.

What is the current price of Immutable(IMX)?

The current Immutable price is C$0.221418. As the IMX price fluctuates constantly, BTCC offers real-time IMX to USD prices that can be accessed at the top of our crypto price page.

How to Buy Immutable: A Useful Guide?

Immutable can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including IMXUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.