ImmutableX (IMX) currently has a price of £0.82 and is down -4.32% over the last 24 hours. The cryptocurrency is ranked 53 with a market cap of £1.4B. Over the last 24 hours, it saw £74.2M of trading volume. The token has a circulating supply of 1.7B tokens out of a total supply of 2B tokens.
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.
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