Immutable’s IMX Eyes 29% Monthly Gain Amid Market Uptrend

Immutable’s IMX Eyes 29% Monthly Gain Amid Market Uptrend

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  • IMX token surges by 28% in 30 days, now priced at $2.451.
  • Astra Nova’s SocialFi platform boosts IMX’s performance.
  • Trading volume drops 27.66% despite recent price gains.

The Immutable (IMX) token has experienced a significant price increase in recent weeks, gaining over 28% in the past 30 days. As of today, IMX trades at $2.451, reflecting a 2.84% increase from the previous day.

IMX/USD 24-Hour Chart (Source: CoinStats)

Currently ranked 29th by market capitalization, Immutable’s market cap has climbed to $3.619 billion, representing a 3.65% increase. However, trading activity has shown a different trend. Over the past 24 hours, IMX’s trading volume has decreased by 27.66% to $134.251 million. This decline suggests a potential shift in investor sentiment, possibly indicating profit-taking after the recent price rise. In contrast, a notable shift has occurred in its trading dynamics.

Over the last 24 hours, IMX’s trading activity has receded by 27.66%, amassing a total of $134.251 million. This reduction in trading volume implies a potential alteration in investor sentiment, perhaps reflecting a trend where stakeholders are opting to capitalize on …

The post Immutable’s IMX Eyes 29% Monthly Gain Amid Market Uptrend appeared first on Coin Edition.

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