ImmutableX Price Data
ImmutableX (IMX)
currently has a price of
$0.17
and is
down
-0.63%
over the last 24 hours. The cryptocurrency is ranked
257
with a market cap of
$151.4M.
Over the last 24 hours, it saw
$6.9M
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.
