ImmutableX Price Data
ImmutableX (IMX)
currently has a price of
$0.18
and is
up
5.95%
over the last 24 hours. The cryptocurrency is ranked
261
with a market cap of
$156M.
Over the last 24 hours, it saw
$9.7M
of trading volume. The token has a circulating supply of
879.5M
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.