ImmutableX (IMX) USD Price

ImmutableX Price Data

ImmutableX (IMX) currently has a price of $0.12 and is down -2.36% over the last 24 hours. The cryptocurrency is ranked 254 with a market cap of $108.9M. Over the last 24 hours, it saw $4.5M of trading volume. The token has a circulating supply of 904.5M 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.