IMX is bucking the downward trend Monday following VanEck’s recent vote of confidence in crypto gaming platform Immutable.
The broader market may be down about 5% over the last 24 hours, per CoinGecko, but IMX has climbed a total of 10% during that span to a current price of $2.00. The price did dip briefly late Sunday along with other top tokens, but then quickly rebounded, popping as high as $2.06 early Monday. That’s a 20-month high for the gaming token.
Immutable is an Ethereum gaming platform that’s based around the current Immutable X scaling network, as well as the upcoming Immutable zkEVM network powered by Polygon zkEVM. IMX is now up 41% in the last week alone, pushing the token to an 83% jump in the last 30 days.
Following recent collaboration announcements with Amazon and major game publisher Ubisoft, IMX may have also seen a recent boost following a vote of confidence from investment firm VanEck late last week.
The broader market may be down about 5% over the last 24 hours, per CoinGecko, but IMX has climbed a total of 10% during that span to a current price of $2.00. The price did dip briefly late Sunday along with other top tokens, but then quickly rebounded, popping as high as $2.06 early Monday. That’s a 20-month high for the gaming token.
Immutable is an Ethereum gaming platform that’s based around the current Immutable X scaling network, as well as the upcoming Immutable zkEVM network powered by Polygon zkEVM. IMX is now up 41% in the last week alone, pushing the token to an 83% jump in the last 30 days.
Following recent collaboration announcements with Amazon and major game publisher Ubisoft, IMX may have also seen a recent boost following a vote of confidence from investment firm VanEck late last week.
⭐⭐⭐ Sign Up for Free ⭐⭐⭐
1) Download our Mobile App >> link-to.app/dexwirenews
2) Join our Telegram >> t.me/DEXWireNews
3) Sign Up for Text Alerts >>
dexwirenews.com/TEXT
4) Follow @DEXWireNews on Social Media
1) Download our Mobile App >> link-to.app/dexwirenews
2) Join our Telegram >> t.me/DEXWireNews
3) Sign Up for Text Alerts >>
dexwirenews.com/TEXT
4) Follow @DEXWireNews on Social Media
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⭐⭐⭐ Sign Up for Free ⭐⭐⭐
1) Download our Mobile App >> link-to.app/dexwirenews
2) Join our Telegram >> t.me/DEXWireNews
3) Sign Up for Text Alerts >>
dexwirenews.com/TEXT
4) Follow @DEXWireNews on Social Media
1) Download our Mobile App >> link-to.app/dexwirenews
2) Join our Telegram >> t.me/DEXWireNews
3) Sign Up for Text Alerts >>
dexwirenews.com/TEXT
4) Follow @DEXWireNews on Social Media
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.