ImmutableX (IMX) is a cryptocurrency on the Ethereum blockchain that addresses scalability and throughput challenges faced by other cryptocurrencies. It achieves high throughput without compromising security by using zero-knowledge proofs. This ensures privacy and efficiency in transactions. Additionally, ImmutableX focuses on sustainability and energy efficiency by using a proof-of-stake consensus mechanism instead of energy-consuming mining. This makes it more accessible and inclusive while reducing environmental impact.
The United States Dollar (USD) is the official currency of the United States and one of the most widely used fiat currencies in the world. Issued by the Federal Reserve, the USD serves as the global reserve currency, playing a key role in international trade, finance, and investment. Known for its stability and liquidity, the US Dollar is commonly used as a benchmark for valuing other assets, including cryptocurrencies. In the crypto space, USD is often represented through stablecoins like USDT, USDC, and DAI, which maintain a 1:1 peg to the dollar, enabling seamless digital transactions and reducing volatility.
The IMX to USD conversion rate is the amount of USD you can receive for each unit of IMX.
Based on the current rate, you could buy 8.958 IMX for 1 USD.
The price of IMX decreased by 10.85% in the last 7 days.
The circulating supply of IMX is 842,444,578.
IMX's all-time high is $9.52.