Bittime - Immutable In this article, we will discuss the price prediction for Immutable X (IMX) according to Crypto Academy and the factors that influence it.
What is Immutable X (IMX)?
Immutable X is a Layer 2 solution designed specifically for NFTs (non-fungible tokens) on the Ethereum network. This platform uses StarkNet technology to enable NFT trading with no gas fees, high scaling, and high levels of security. IMX also has a utility token, IMX, which is used for staking, governance, and payment of fees on the platform.
Check Today's Crypto Market:
Immutable X (IMX) Price Today
From Bittime market monitoring on Wednesday 13 March 2024, the IMX IDR price was trading at IDR 55,889 per coin. IMX experienced a decline of 0.23 percent in the last 24 hours.
Immutable X (IMX) Price Prediction
Crypto Academy predicts that IMX price could reach $2 USD by the end of 2024. This prediction is based on several factors, which are as follows.
Innovative technology
Immutable
Experienced team
The Immutable X team consists of experts in the fields of blockchain , gaming and NFTs.
Strategic partnership
Immutable X has collaborated with several well-known companies in the gaming and NFT industry.
Increasing demand
Demand for NFTs and Layer 2 solutions like Immutable X is growing.
Token IMX
IMX has several utilities, such as staking , governance, and payment of fees on the platform, that may increase its value in the future.
Factors Affecting the Price of Immutable X (IMX)
Mass adoption
If Immutable
Competition
There are many other Layer 2 solutions competing with Immutable X. If other platforms are more successful, IMX prices may fall.
Regulations
Government regulations can significantly impact cryptocurrency prices.
Check Price:
Conclusion
The Immutable X (IMX) price prediction according to Crypto Academy is quite optimistic. However, it is important to remember that these predictions are only estimates and cannot be guaranteed. Cryptocurrency prices can fluctuate greatly and are influenced by various factors.
Before investing in IMX, it is important to do your own research and consider all the factors that may influence its price.
Dear Beli Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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