ImmutableX Price Prediction 2024, 2025, 2030: Is IMX A Good Investment?
The post ImmutableX Price Prediction 2024, 2025, 2030: Is IMX A Good Investment? appeared first on Coinpedia Fintech News
Story Highlights
The live price of the IMX token is $ 2.43556775
ImmutableX price could surge to a maximum of $4.82 by the end of 2024.
With a potential surge, the IMX price could go as high as $19.55 by the end of 2030.
A plethora of virtual currencies and protocols can be found in the ever-changing crypto space. Immutable X is one such ecosystem that has successfully established its position as the market leader. Immutable X was developed as a layer 2 scalability solution for Eth and NFTs. It is recognized for being one of the earliest scaling alternatives for non-fungible tokens, that are largely based on Ethereum.
ImmutableX, as a cryptocurrency, strives to address the majority of Ethereum’s shortcomings that hinder the usage of NFTs. It works on combating limited throughput, low liquidity, complicated user interface, and slow consumer experience.
Are you keen on investing in IMX crypto? Look no further, as we bring to you the most reasonable ImmutableX price prediction for 2024 and years to come!
Table of contentsOverviewImmutableX Price Prediction June 2024IMX Price Prediction 2024ImmutableX Price Prediction 2024 – 2030IMX Price Prediction 2025ImmutableX (IMX) Price Prediction 2026IMX Price Prediction 2027ImmutableX Price Prediction 2028IMX Price Prediction 2029ImmutableX Price Prediction 2030What Does The Market Say?CoinPedia’s ImmutableX Token (IMX) PredictionFundamental AnalysisWhat Is ImmutableX?IMX’s Historical Price Sentiment 2021 – 2023FAQs
Overview
CryptocurrencyImmutableTokenIMXPrice $ 2.43556775 2.80% Market cap $ 3,610,352,694.0101Circulating Supply 1,482,345,419.3898Trading Volume $ 55,543,175.0496All-time high $9.50 on 26th November 2021All-time low No Data24 High $ 2.255124 Low $ 2.0066
*The statistics are from press time.
ImmutableX Price Prediction June 2024
The ImmutableX price continues to display a bearish price action by recording a correction of 4.60% within the past 24 hours and 14.89% over the past week. Moreover, the altcoin has plunged 10.88% within the past 30 days and has a YTD return of -9.63%, suggesting long-term bearish sentiment for the IMX crypto in the market.
The Cross EMA 50/200-day shows a high possibility of a Death Cross in the 1D time frame, highlighting a strong bearish outlook for the ImmutableX coin price this week.
TradingView: IMX/USDT
The Moving Average Convergence Divergence (MACD) displays a constant rise in the red histogram, indicating an increase in the selling-over-buying pressure in the crypto space. Moreover, the averages show a constant decline, suggesting the price will continue losing value in the coming time.
If the market holds the price above the resistance level of 1.9795, the bulls will regain momentum and prepare to test its upper resistance level of 2.5545 during the upcoming weeks. Conversely, if the bears continue to dominate the crypto market, the IMX price will plunge toward its low of $1.5310 this month.
IMX Price Prediction 2024
The Immutable X project’s greatest value is its ability to allow massive scaling via rollups. Rather than employing more typical techniques, the team chose ZK-Rollups/Validium scaling. On an optimistic note, with growing scalability, the coin may chug up to hit the maximum price of $4.82.
However, the shrinking stance in the industry may pave the way for IMX crypto to drop below $1.63. Taking the bullish and bearish targets into account, the average IMX price might settle at $3.22.
ImmutableX Price Prediction 2024 – 2030
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20241.633.224.8220253.224.886.5520264.896.538.1820276.458.3510.2520288.3311.0313.74202910.1013.4816.87203012.8816.2119.55
IMX Price Prediction 2025
NFT markets can be developed on ImmutableX without the need for a backend thanks to its distributed global order book, which facilitates network liquidity. As a result, third-party market alternatives can live side by side with the core marketplace of the system. That being said, the growing deployment of NFTs can land its maximum price at $6.55.
Contrarily, if bears dominate the market, the token might plunge to $3.22. Collectively, restrained by a linear momentum, with the lack of spurring initiatives, the IMX coin price might find support at $4.88.
ImmutableX (IMX) Price Prediction 2026
According to forecast prices and technical analysis, IMX price may reach a minimum of $4.89 in 2026. The maximum price could hit $8.18, with an average trading price around $6.53.
IMX Price Prediction 2027
Looking forward to 2027, IMX price may reach a low of $6.45, with a high of $10.25 and an average forecast price of $8.35.
ImmutableX Price Prediction 2028
In 2028, the price of a single IMX crypto may reach a minimum of $8.33, with a maximum of $13.74 and an average price of $11.03.
IMX Price Prediction 2029
By 2029, IMX price may reach a minimum of $10.10, with the potential to hit a maximum of $16.87 and an average of $13.48.
ImmutableX Price Prediction 2030
In 2030, ImmutableX is predicted to touch its lowest price at $12.88, hitting a high of $19.55 and an average price of $16.21.
What Does The Market Say?
Firm Name202420252030Wallet Investor$0.0904$0.125–priceprediction.net$0.7188$1.11$7.97DigitalCoinPrice$5.01$5.91$17.28
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s ImmutableX Token (IMX) Prediction
As per the IMX crypto price prediction formulated by our experts the coin portrays strong fundamentals. The coin’s price can therefore rise to a maximum of $4.82 by the end of 2024 if the NFT market booms.
On the flip side, if the crypto industry experiences an increase in regulations or a bearish trend reversal, the coin might scratch the bottom at about $1.63 if the IMX crypto fails to hold its price.
Fundamental Analysis
James Ferguson and his brother Robbie Ferguson established Immutable X in 2018. Immutable X has the advantage of becoming one of the earliest layer-two systems to deploy zk-rollups and focus entirely on NFTs. With zk-rollups becoming more popular as a scalability option, the project is at the forefront of growth in the Ethereum protocol. Immutable X has a decent possibility of being the preferred “NFT blockchain” shortly.
The API abstraction layer is a major element in delivering scalable solutions to its users. Every NFT-related transaction, such as minting, selling, and exchanging, is now a simple API request on Immutable X, owing to its REST APIs. This, according to the firm, will be a critical feature in drawing new members such as major gaming and entertainment businesses in the industry.
The network vows to be compliant with the law everywhere it works, and it supports a liquidity pool through a worldwide order book of NFTs. Additionally, it integrates all Ethereum-based cryptocurrency wallets.
What Is ImmutableX?
ImmutableX claims that its blockchain overcomes ethereum
ethereum
Blockchain NetworkTechnology
drawbacks, including its low scalability, poor user experience, lack of liquidity, and delayed development experience. Additionally, users have to pay zero gas costs for minting and trading NFTs. Also, its network supports instant trading, and vast scalability without compromising asset or user security.
The IMX crypto is the network’s native cryptocurrency. Moreover, IMX is an ERC-20 cryptocurrency and aims at rewarding network operations including trading, liquidity maintenance, and application development on ImmutableX. The IMX coin is also employed to cover system charges, staking, and governance functions.
Quick highlights on the fundamentals of IMX
It gains from being among the first layer-two solutions and uses zk-rollups.
Pays special attention to NFTs.
Enables protocol liquidity through its shared global order book, allowing NFT marketplaces to be constructed without a backend.
The protocol expects to minimize entry barriers for smaller developers and content creators.
IMX’s Historical Price Sentiment 2021 – 2023
IMX price was trading at around $5.20 per token as of May 5th. It hit a low of, $3.75 on 10th November. It immediately jumped once more, reaching $6.06 on November 13th and $8.64 on November 21st.
On November 26th, IMX crypto recorded an ATH of $9.52. At the end of the year, the ImmutableX price plummeted and terminated the year at around $5.14.
The ImmutableX started the year 2022 with a price tag of around $5 but concluded the year with a bearish price tag of $0.3624.
Positively, the IMX coin price started with a trading price of $0.3818 and as the hype for cryptocurrencies regained momentum, the market experienced a significant uptrend in its valuation. This resulted in the IMX price concluding the year with a tag of $2.13.
FAQs
How many ImmutableX are there? Out of a total supply of two billion IMX, 235.28 million were in use as of September 5th, 2022. What will be the worth of IMX crypto by the end of 2024? By the end of 2024, the coin may possibly trade for an average price of $4.82. Will ImmutableX go up? IMX has strong fundamentals and it can rise in the future if it brings in newer updates and partnerships. What will the minimum and maximum price of IMX be by the end of 2025? By the end of 2025, the currency can reach record highs with the maximum and minimum trading prices of $6.55 and $3.22. How high can the price of IMX go by the year 2030? The coin might trade at its highest price of $19.55 in 2030 by that time. What is the current price of one IMX token? At the time of writing, the price of 1 ImmutableX token was $1.9130.
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