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ImmutableX
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IMX Price Live Data
The live ImmutableX price today is $1.02 USD with a 24-hour trading volume of $45,137,295 USD. We update our IMX to USD price in real-time. ImmutableX is up 5.61% in the last 24 hours. The current CoinMarketCap ranking is #63, with a live market cap of $841,134,788 USD. It has a circulating supply of 825,480,569 IMX coins and a max. supply of 2,000,000,000 IMX coins.
If you would like to know where to buy ImmutableX at the current rate, the top cryptocurrency exchanges for trading in ImmutableX stock are currently Binance, BingX, OKX, Deepcoin, and BTCEX. You can find others listed on our crypto exchanges page.
What Is Immutable X (IMX)?
Immutable X positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.”
Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable X, stated that Immutable X allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable X aims to create a world-class experience for users and developers alike.
Immutable X was founded by James Ferguson, a Forbes 30 Under 30 entrepreneur that previously led a software development team at a billion-dollar eCommerce company, and his brother Robbie Ferguson, a Thiel fellow and Forbes 30 Under 30 entrepreneur as well.
The team consists of more than 100 members from different backgrounds like blockchain, FAANG, finance, fintech, and management consulting. It raised a seed round in 2018 and a $15 million Series A in September 2019. Investors included some of the “who is who” in blockchain investing, such as Coinbase, Naspers, Nirvana Capital, Apex Capital Partners, Continue Capital and Galaxy Digital.
Founder: James Ferguson
Layer 2
Proof Of Stake
$1.538
$2,519,666,037.221
1,637,774,045.39 IMX