IMX Price at a Crossroads: Can It Survive the 1.3% Token Unlock Storm?

Token unlocks are the ultimate stress test for crypto projects—will IMX buckle under the pressure?

The 1.3% unlock looms like a Sword of Damocles over Immutable X’s native token. Bulls argue it’s a drop in the bucket; bears whisper 'supply shock.'

Market mechanics 101: More tokens + same demand = price pain. But IMX isn’t your average memecoin—its gaming-centric ecosystem could absorb the hit.

Watch the order books. If OTC desks start hoarding, this might just be another 'buy the rumor, sell the news' circus. After all, what’s crypto without a little manufactured volatility?

Immutable X price prediction

The scenario where that support is tested again is further reinforced by the upcoming IMX token unlock, scheduled for August 8, just under a week from now. During this unlock event, 24.52 million IMX tokens — equivalent to 1.30% of the circulating supply and valued at approximately $12.39 million — will be released into the market. While not an unusually large unlock, it adds to near-term supply-side pressure, especially given the already fragile technical setup.

However, if Immutable X price tests the $0.35 support level once again and bounces from it, it would mark the third successful defense of that zone — effectively forming a triple bottom pattern. If IMX price rallies and breaks above the upper trendline of the descending triangle after that, it could signal a bullish reversal, invalidating the triangle’s bearish bias. Such a breakout would likely attract fresh buying interest, potentially driving the price toward recent highs near $0.67 and beyond.