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View ChartImmutable X (IMX) takes itself as the second layer extension solution of the unforgeable token on the Ethereum blockchain. The project aims to improve Ethereum’s limitations, such as scalability, poor user and developer experience, and non liquidity issues.
For this reason, Immutable X uses a technology called starkex ZK rollup, which has been recognized by vitalik buterin, the co-founder of Ethereum. Its goal is to create a zero gas user experience for NFT transactions, while avoiding compromising security. The project promotes itself as an “infinite Exchange Protocol” with the scalability of 9000 transactions per second (TPS).
Immutable X was founded by James Ferguson and his brother Robert Ferguson. James Ferguson is an entrepreneur under the age of 30 at Forbes. He previously worked as a software developer in shopyak, an e-commerce company. He is a researcher and entrepreneur of Peter Thiel.
The team consists of more than 100 members from different backgrounds, including people from faang, traditional finance, financial technology and management consulting. In the seed round in 2018 and the round a financing in september2019, IMX raised a total of $15million. This includes “who is” cryptocurrency and blockchain investors, such as coinbase, sapers, Nirvana capital, apex capital partners, continue capital and Mike Novogratz’s Galaxy digital.
The high gas costs, unsatisfactory user experience, and scalability problems related to minting and trading NFTs on the Ethereum network are all addressed with Immutable.
Because of its crowded network and high transaction costs, especially for NFTs, Ethereum’s Layer 1 frequently fails to create an ideal environment.
By providing a Layer 2 scaling solution tailored for NFTs, Immutable overcomes these obstacles and guarantees that artists, gamers, and collectors can mint, purchase, and sell NFTs without incurring gas fees—all while retaining the security guarantees of Ethereum’s foundation layer.
As of right now, the live price of Immutable (IMX) is $0.1269. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated IMX to USD rate at the top of BTCC’s price page. In terms of market scope, Immutable records a 24h trading volume of $8.77M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $254.46M. Its current circulating supply stands at 2.00B out of a maximum supply cap of 2.00B.
The price volatility of Immutable (IMX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (2.00B) to max supply (2.00B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Immutable (IMX) hit an all-time high (ATH) of $9.50 on 2021-11-26 01:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2021-11-05 11:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading IMX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($8.77M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s IMXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Immutable, simply log into your BTCC account with USDT margin available, navigate to the IMXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for IMXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.1269), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for IMXUSDT with zero financial risk.
Trading Immutable (IMX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for IMXUSDT, and review its live price ($0.1269) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.