Iconomi added $IMX (yay!). We are adding it to our strategy because we believe that Web3 Gaming will be a key narrative in this bull market.
At its core, Immutable X is a layer-2 scaling solution for Ethereum designed to enhance the efficiency of NFT transactions. Ethereum, despite being the most popular platform for NFT creation and trading, has been criticized for its high gas fees and low transaction throughput. Immutable X addresses these issues by providing a platform where users can create and trade NFTs without incurring high gas fees and with significantly higher transaction speeds.
One of the key features of Immutable X is its use of Zero-Knowledge Rollups (ZK-Rollups). This technology allows for bundling multiple transactions into a single one, which is then verified on the Ethereum blockchain. This method not only speeds up transactions but also reduces the environmental impact, as it requires less computational power compared to executing each transaction individually on Ethereum. This aspect is particularly crucial in today's market, where there is an increasing focus on sustainability and the environmental impact of blockchain technology.
Furthermore, Immutable X maintains the security and decentralization aspects of the Ethereum network. This is vital for users who are concerned about the security of their assets. By leveraging the underlying security features of Ethereum while providing a more efficient transaction experience, Immutable X presents a balanced solution for NFT traders and creators.
From an economic standpoint, the introduction of platforms like Immutable X is a game-changer for the NFT market. By reducing transaction costs, it lowers the barrier to entry for both creators and collectors. This democratization of access can potentially lead to a more vibrant and diverse NFT ecosystem, which is beneficial for the market's growth and maturity.
Additionally, Immutable X has its native token, IMX, which is used within its ecosystem. The IMX token plays a role in governance, allowing holders to vote on proposals that shape the platform's future. It also serves as a means to incentivize various activities within the platform, aligning the interests of users with the platform's growth.
The fastest, most convenient way to purchase Immutable is to purchase it on ICONOMI. We check Immutable live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Immutable by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Immutable is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Immutable, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Immutable in their structure.
Here you can read and comment on all posts made by Strategists about Immutable IMX. See all Immutable price predictions in real time and make the best use of their crypto knowledge.
Two more assets join ICONOMI:
$IMX and $OSMO
Both are available to be added to Crypto Strategies
Immutable X is a layer-2 scaling solution for Ethereum designed to enhance the efficiency of NFT transactions. Immutable provides a platform where users can create and trade NFTs without incurring high gas fees and with significantly higher transaction speeds.
Osmosis (OSMO) is a decentralized exchange (DEX) and automated market maker (AMM) protocol that is rapidly gaining attention in the Cosmos ecosystem for its innovative approach to liquidity and staking.
I really can't say where we are at the moment. But nobody can. It's hard to believe we are entering a bull market in this macro situation (Ukraine war, inflation etc). But at least we have got some kind of reminder that crypto is here to stay.
Many out there are sidelined, in stables waiting for lower prices, BUT after this move we have to do like 30% drop to meet prices from a few weeks ago. Dynamic has changed, this is a fact.
I still believe $BTC will continue to gain dominance, so I'll keep it at 40%. $NEAR is doing great, I took some profits before. Will still try to accumulate $RUNE ,$LINK, $DOT and also try to find some other projects. I believe zksync will be a big thing. EthDenver starts on Feb 24th. I'm really looking forward to it. I believe many project build on zksync will do well. Sadly I cannot buy them on Iconomi, but some could be soon here too.
I'm looking especially at $mute, maybe $woo and $imx. We'll see how things unfold.
I believe a pullback could come soon, but I hope this monthly candle stays strong. All you have to do is to make a plan when to buy in. Again, we are down 90%+ from all time highs. Things change really fast in crypto. Investing now 100$ is like investing 1000$ at all time high. One advice, if you are not buying the next dip ok, but don't go in after we make +300%. I'll do my best to preserve our capital this time.
Wish you all the best and thank you for copying me! 💪🏻
Immutable price UK history shows the highest value of 1.20 GBP . We recorded this price on November 23, 2023, but we cannot exclude that a higher price was registered before November 17, 2023.