IMX price prediction suggests a consolidated momentum in the asset. It has seen a negative crossover from the 100 DMA
IMX’s correlation with the ETH is near 0.8 and can grow in the future. It has seen a drop of 1.5% in the intraday session
Immutable is one of the first layers 2 solutions for NFT on Ethereum. They aim to make ownership of digital assets real through the power of Immutable NFT. Immutable is built with the help of zk rollups which Vitalik has praised a lot. It was created by James Ferguson who has been on the list of Forbes 30 under 30 entrepreneurs. He has a lot of experience in software development and has built an E-commerce giant. Zk rollups give Immutable X a way to scale more quickly than everyone else. It has 50795 holders which can grow more in the near future. Immutable has seen a decline in daily transactions on the network, The average number of new users per day on the network has also observed a strong fall in the past few weeks. The correlation between IMX
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